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Economy & Trade April 29, 2026 432 stories in this edition

Why China may benefit from the UAE’s Opec withdrawal amid Iran war oil crisis

SCMP Asia / Asia / 1m ago / Frank Chen,Mia Nurmamat
Why China may benefit from the UAE’s Opec withdrawal amid Iran war oil crisis

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China may gain from the United Arab Emirates (UAE) withdrawing from the Organisation of Petroleum Exporting Countries (Opec), benefiting from additional supply as global oil markets face growing strain three months into the US-Israeli war in Iran, analysts said. The UAE – Opec’s third-largest producer, accounting for about 12 per cent of its total output – will formally leave the bloc on May 1. UAE Energy Minister Su...

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China may gain from the United Arab Emirates (UAE) withdrawing from the Organisation of Petroleum Exporting Countries (Opec), benefiting from additional supply as global oil markets face growing strain three months into...

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'We are all scared right now': ICE arrests Indian-origin truck driver in Oregon crash case; community in fear

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Hong Kong Law Society closes firm linked to crash-for-cash scams

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Hong Kong Law Society closes firm linked to crash-for-cash scams

Hong Kong’s Law Society has ordered the closure of a solicitors’ firm under investigation for its alleged role in a series of “crash-for-cash” scams in the city. The society’s council announced on Wednesday it would inte...

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CNA Explains: Why the UAE is quitting OPEC – and what it means for oil markets

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CNA Explains: Why the UAE is quitting OPEC – and what it means for oil markets

The UAE’s departure from OPEC is a big move, said analysts, but while market reaction has been muted, the move could reshape geopolitical alignments.

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