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AS the Philippine financial system continues to expand, the focus is no longer just on bringing more Filipinos into the formal economy — it is about empowering them to actively participate in it. Across the country, households and small businesses continue to face income volatility, unexpected expenses, and limited …
BRUSSELS — The European Commission is set to impose tougher penalties on countries obstructing trade across the EU, according to a draft document seen by POLITICO.
Spanish Economy Minister Carlos Cuerpo lauded the country's energy resilience to the Iran war, saying a pivot to solar and wind power has shielded Madrid from the worst impacts of the resulting energy shock.
Axight, a private equity unit of the Abu Dhabi-based investment company Lunate, has agreed to buy a minority stake in Australian asset management firm La Trobe Financial as it looks to expands its portfolio.
The International Monetary Fund has downgraded its global growth forecast for 2026 from 3.3 to 3.1 percent, citing the impact of the United States-Israeli war on Iran and the shutdown of the Strait of Hormuz on the world economy.
The fire-damaged Geelong refinery is nearing full-capacity jet fuel and diesel production sooner than anticipated, clawing back the majority of its output in less than 48 hours after a blaze forced major production cuts.
European chip startups developing alternative technology to Nvidia's graphics processing units (GPUs) are eyeing big funding rounds as they look to scale amid the AI boom.
The United States is stepping up efforts to sell oil and gas to India as the world's third-largest energy market grapples with supply disruptions from the Middle East and finds its alternatives shrinking after Washington ended waivers for Iranian and Russian crude.
Deal follows talks between Chinese and Vietnamese presidents in Beijing this week
Deal follows talks between Chinese and Vietnamese presidents in Beijing this week
Korean drugmaker eyes $155m market in Southeast Asian country
This is AI generated summarization, which may have errors. For context, always refer to the full article.
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SEOUL, April 17 (Yonhap) -- The chief of the country's financial regulator said Friday that banks and state-run lenders will provide a set of financial support packages to the Middle East crisis-hit companies to ease their financial burdens and potential liquidity shortage.
SEOUL, April 17 (Yonhap) -- National Security Adviser Wi Sung-lac held talks with the European Union (EU)'s top trade negotiator Friday to discuss strengthening economic security cooperation amid energy market uncertainties stemming from the Middle East conflict, Cheong Wa Dae said.
At the Taiwan Tapas Bar, Taiwanese expats -- Lin Chang-Yuan, left, and Bryan Yu, second from right -- chat with Nikkei Asia about their lives in Dresden. (Photo by Jens Kastner)
European stocks rebounded sharply on Friday afternoon Iran said the Strait of Hormuz was open to commercial shipping.
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
A currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters, in Seoul, South Korea, Friday, April 17, 2…
From Chinese AI cracking decade-old maths problem to Japan eyeing Nato partnership, here are highlights from SCMP’s recent reporting
From Chinese AI cracking decade-old maths problem to Japan eyeing Nato partnership, here are highlights from SCMP’s recent reporting
By Julianne Geiger of OilPrice.com
FILE -Passengers wait in the Air New Zealand lounge at Auckland International Airport in Auckland, New Zealand, Wednesday, March 23, 2022.(AP Photo/Mark Baker, File)
Dubai Economic Development Corp. CEO Hadi Badri says it is business as usual in the emirate, and that the Iran war's impact has been a "largely mental challenge." (From the Facebook account of the Dubai Department of Economy and Tourism)
As geopolitical tension continues to shift, financial anxiety is resurfacing for many and attention is moving from growth to something more immediate: security. For some, that means checking savings, reconsidering expenses and reassessing long-term plans.
Tensions in the Strait of Hormuz are affecting the UAE’s fishing industry, with restricted access to deep waters leading to smaller catches and rising prices at local fish markets.
Escalating geopolitical tensions linked to the prolonged Middle East conflict are posing risks of inflation and greater downside pressure on the South Korean economy, the finance ministry said Friday.
Drivers of jeepneys, the well-known public minibuses in the Philippines, are struggling to survive as fuel costs surge. Local oil companies, meanwhile, are accused of amassing record profits since the Iran war started. (Photo by Michael Beltran)
SEOUL, April 17 (Yonhap) -- Escalating geopolitical tensions linked to the prolonged Middle East conflict are posing risks of inflation and greater downside pressure on the South Korean economy, the finance ministry said Friday.
Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
Bar operators dismiss concerns that higher airfares because of Middle East war will deter rugby fans from visiting city
Bar operators dismiss concerns that higher airfares because of Middle East war will deter rugby fans from visiting city
Hundreds of Israelis protested against settler violence at Habima Square in Tel Aviv on Thursday, against the backdrop of a sharp escalation of attacks in the West Bank.
Authored by Rex Widerstrom via The Epoch Times (emphasis ours),
Police stormed the bank but the armed robbers had already escaped. (AFP: Paolo Manzo/NurPhoto)
The move paves the way for the institution to potentially offer financial support to the government of the economically embattled nation
The move paves the way for the institution to potentially offer financial support to the government of the economically embattled nation
We live in hugely volatile times. In Ukraine, Europe is entering the fifth year of the worst conflict this continent has seen since World War Two, petrol prices are rising, and the global economy is under strain because of knock-on effects of the Iran war. Relations with the UK's former best friend, the United State…
The wealthy Maple-Brown family is selling two shops in leafy Woollahra with a combined estimated price tag of about $5 million.
US trade chief says more resources needed to expand trade probes and counter China, warning farmers remain exposed ahead of Beijing summit
BOK cites shallow forex market, high exposure to capital outflows
SEOUL, April 17 (Yonhap) -- The delinquency ratio on loans extended by banks rose for the second consecutive month in February, data showed Friday.
After staging a powerful rebound in the past two months, when first weak Q4 earnings sent the stock plunging to multi-year lows, which however was offset by the end of the company's expensive pursuit of HBO/Warner Bros. Discovery , and which sent the stock almost 50% higher from $75 to $108,moments ago Netflix repor…
On April 12 voters in Hungary defeated autocratic Prime Minister Viktor Orban’s Fidesz party by a landslide. The MAGA-friendly leader had received high-profile support from US President Donald Trump who sent his vice president, JD Vance, to campaign for him. After 16 years of Orban, voters wanted change in the hope …
A recent brief by the Asian Development Bank highlights that Sri Lanka has about US$ 6 billion unrealised export potential, of which US$ 808 million is with India.
The U.S. stock market ticked upward to another record high.
In today’s economy, healthcare providers are increasingly being chosen for the experience they provide. Research from Modern Healthcare indicates that many healthcare patients are shifting to a digital-first model, focused on individual needs and preferences to offer more convenient and personalized care.
Kevin Warsh speaks to the media about his report on transparency at the Bank of England, in London, Dec., 11, 2014. (AP Photo/Alastair Grant, Pool, File)
A stock of smuggled foreign liquor kept for sale at a well-known supermarket in the Colombo area was seized by the Island-wide Excise Special Operations Unit last weekend.
