UK government urged to act over proposed illegal Israeli settlement
Former diplomats say ministers must threaten action against any companies bidding to build E1 settlement of 3,400 houses in West Bank
· Carolinedavies
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Economy & Finance
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Newest first · UTC+11:00China solar panel makers hike Japan prices on materials costs, rebate cuts
Workers inspect solar panels at a power facility in China. © Reuters
· Staff Writer
Inflation tops 4.0% as fuel prices surge
SUBSTANTIAL fuel price increases caused by the war in the Middle East pushed inflation to a 20-month high of 4.1 percent in March, the Philippine Statistics Authority (PSA) reported on Tuesday.
· Niña Myka Pauline Arceo
Apple shares sink 4% on report of foldable iPhone delays
Shares of Apple sunk 4% Tuesday after reports that the company is facing engineering challenges with its highly anticipated foldable iPhones.
· Lola Murti
Kalshi promo code NYPMAX: Trade $10, get $10 for Mets vs. Diamondbacks
The MLB season continues on Tuesday, offering a great opportunity to get into the prediction market space. Use the Kalshi promo code NYPMAX to begin.
· Mike Turay
NY Fed: Inflation Expectations Jump, Driven By Surging Gas
Ahead of Friday's CPI report, inflation fears are already rising, with the NY Fed's latest monthly survey of consumer expectations reporting that Inflation expectations at the one-year horizon were higher at 3.42% in March from the previous month’s 3.00%, matching the highest since April '25. Inflation expectations …
· Tyler Durden
IMF Panics, Warns Tokenization Could Bring Crypto Risks Into Global Financial Markets
Authored by Francisco Rodrigues via CoinDesk.com,
· Tyler Durden
UnitedHealth stock surges after Medicare Advantage rate boost
UnitedHealth Group shares surged more than 8% after federal regulators unveiled a stronger-than-expected Medicare Advantage payment increase, delivering relief to the health insurance giant and the broader managed-care sector.
· Ariel Zilber
Syria unveils $300 million Damascus tourism project to boost economy | The National
Syria's government has unveiled a $300 million tourism mega-project in Damascus, the latest initiative to boost its revitalised post-sanctions economy.
· Alvin R Cabral
Israeli forces beat elderly Palestinian woman to death
A 68-year-old Palestinian woman was beaten to death by Israeli soldiers during a raid on her home in the town of Jayyous, in the northern occupied West Bank.
· Middleeasteye
Bill Ackman launches $65B bid for Taylor Swift’s label Universal Music
Bill Ackman has unveiled a cash-and-stock bid for Universal Music Group valuing the music giant at roughly $65 billion — sending its shares soaring.
· Ariel Zilber
Hedge fund borrowing exposes emerging markets to greater Iran war risk, says IMF
Analysis shows developing economies more likely to experience higher interest rates and currency shocks
· Heatherstewart
Chinese memory giants to gain market share via lower prices, expanded capacity: analysts
Firms like YMTC and CXMT are scaling NAND and DRAM production, leveraging cost advantages and subsidies to challenge global leaders
· Coco Feng
Chinese memory giants to gain market share via lower prices, expanded capacity: analysts
Firms like YMTC and CXMT are scaling NAND and DRAM production, leveraging cost advantages and subsidies to challenge global leaders
· Coco Feng
Dubai's Coca-Cola Arena extends Big Clearance Sale amid regional disruption | The National
Coca-Cola Arena has extended its Big Clearance Sale through the week, adding a new artisan market as the venue continues to adapt to a disrupted events calendar.
· Saeed Saeed
Backlash brews for Hong Kong coffee festival over response to bad weather
Muddy grounds and rainy weather cause chaos and frustration at 2026 Coffee Hong Kong @WestK over Easter weekend
· Ambrose Li
Backlash brews for Hong Kong coffee festival over response to bad weather
Muddy grounds and rainy weather cause chaos and frustration at 2026 Coffee Hong Kong @WestK over Easter weekend
· Ambrose Li
Futures Slide, Oil Jumps After US Attacks Kharg Island Ahead Of Trump's 8pm Iran Deadline
US futures reversed earlier gains and oil advanced following reports that Iran's Kharg island was targeted earlier on Tuesday, while the market was largely paralyzed ahead of Trump’s 8pm ET deadline for Iran to agree to a ceasefire or face escalation. As of 8:00am ET, S&P futures are down 0.4%, and Nasdaq futures sl…
· Tyler Durden
Israeli gas exports resume – but Egypt is counting cost of energy crunch fuelled by war | The National
The resumption of Israeli natural gas exports to Egypt has offered some respite in an energy crunch rippling through the country's economy and into people’s homes.
· Kamal Tabikha
Fox partners with Kalshi to add sponsored ‘crowd odds’ to news coverage
Fox is set to beam prediction market data into its vast media empire under a new sponsored integration with Kalshi that will inject real-time “odds” on major events into its news coverage.
· Ariel Zilber
Chinese AI glasses maker Rokid planning Hong Kong IPO: sources
Listing plan comes as giants Apple, Meta, Alibaba, Baidu, Xiaomi and Huawei, plus start-ups like Xreal, Rayneo, anticipate market growth
· Wency Chen
Chinese AI glasses maker Rokid planning Hong Kong IPO: sources
Listing plan comes as giants Apple, Meta, Alibaba, Baidu, Xiaomi and Huawei, plus start-ups like Xreal, Rayneo, anticipate market growth
· Wency Chen
Cathay FHC advances AI Adoption across the group with OpenAI
TAIPEI, April 7, 2026 /PRNewswire/ -- Cathay Financial Holdings (Cathay FHC) today announced a long-term strategic collaboration with OpenAI to strengthen the Group's core capabilities in AI research, deployment, and governance. Cathay FHC is the first financial institution organization to work with OpenAI at this s…
· PRNEWSWIRE
China starts work on solar plant built under extreme conditions, amid global energy crisis
Beijing will build the world’s highest-altitude parabolic trough solar thermal facility on the Tibet Plateau to diversify power sources
· He Huifeng
China starts work on solar plant built under extreme conditions, amid global energy crisis
Beijing will build the world’s highest-altitude parabolic trough solar thermal facility on the Tibet Plateau to diversify power sources
· He Huifeng
Palestine weekly wrap: Protests sweep West Bank after death penalty law
The Israeli Knesset’s passage last week of a law imposing the death penalty on Palestinians convicted of “terrorism” drew swift and sweeping international condemnation. It also sparked a general strike across the occupied West Bank and East Jerusalem, with Palestinians taking to the streets in Ramallah, Nablus, Hebr…
· Al Jazeera Staff
There’s a new ‘magic number’ for savings to live ‘comfortably’ in retirement — only half of Americans say they are prepared
Inflation-weary Americans now face a sobering reality.
· Marissa Matozzo
WATCH: PH makes progress in 10 of 17 SDGs, but pace still insufficient
The Philippines, particularly in Luzon, has made gains in 10 out of 17 Sustainable Development Goals (SDGs) since 2021, but progress remains slow to meet the 2030 targets, a regional official of the Department of Economy, Planning, and Development (DEPDev) said. According to the Sustainable Development Ranking, the …
· The Manila Times
ASML shares fall after proposed U.S. export curbs target an already fragile China market
ASML shares fell on Tuesday after U.S. lawmakers last week proposed further measures that would restrict China from additional chipmaking tools and potentially impact the Dutch chip giant's already fragile sales to the country.
· Arjun Kharpal
Beyond Russian oil, China also increases appetite for Ukrainian wheat flour
Chinese and Ukrainian officials sign a protocol in Kyiv on inspection, quarantine and sanitary requirements for exports
· Carol Yang
Beyond Russian oil, China also increases appetite for Ukrainian wheat flour
Chinese and Ukrainian officials sign a protocol in Kyiv on inspection, quarantine and sanitary requirements for exports
· Carol Yang
How spending shocks affect retirement planning
A board above the trading floor of the New York Stock Exchange displays the closing number for the Dow Jones industrial average, Thursday, Dec. 11, 2025. (AP Photo/Richard Drew)
Reform UK would stop visas for people from countries seeking slavery reparations
The ‘bank is closed and the door is locked’, says Zia Yusuf as calls grow for compensation to remedy historical wrongs
· Jamie Grierson
Death Of Hollywood In Two Charts
The nightmare story for Hollywood is playing out in real time for the world to see, as a century-old entertainment economy implodes and bears all the hallmarks of what happened to Detroit after the auto industry went bust.
· Tyler Durden
Oil prices seesaw after Trump says Iran can be ‘taken out’ in one night
Mixed stock market reaction to president’s comments, while IMF chief warns of inflation and slower growth
· Lauren Almeida
Key Fed official sees possible rate hike amid higher gas prices, inflation concerns
WASHINGTON, D.C. — A top Federal Reserve official said Monday that an interest rate hike could be appropriate if inflation remains persistently above the central bank's 2% target, the latest sign that some policymakers are moving away from a bias toward reducing borrowing costs.
· Associated Press
‘All roads lead to higher prices and slower growth,' warns IMF chief as Iran war hits global economy
Higher inflation and weaker growth ahead are inevitable for the global economy as a consequence of the Iran war, the head of the International Monetary Fund warned on Monday as the institution prepares to cut its forecasts.
· Joseph Wilkins
HashMicro doubles down on PH businesses with AI-native ERP built for local growth
OVER the years, HashMicro has built solid insight into what Filipino businesses need from enterprise software. This accrued knowledge shaped a platform that reflects local business culture, regulatory requirements and the practical realities of running an organization in this market.
· The Manila Times
China tightens trading scrutiny on major shareholders and executives
New CSRC rules curb short-term trading by major shareholders to boost investor confidence and encourage long-term market participation
· Zhang Shidong
China tightens trading scrutiny on major shareholders and executives
New CSRC rules curb short-term trading by major shareholders to boost investor confidence and encourage long-term market participation
· Zhang Shidong
Government issues ‘emergency’ order for truckers over fuel crisis
The Albanese government has declared that spiralling fuel costs represent an emergency for the trucking industry in a draft order, paving the way for the Fair Work Commission to force companies throughout the economy to pay more for moving their goods.
· Elias Visontay
China’s EV surge shields economy from Iran war oil shocks | South China Morning Post
From heavy-duty trucks in Tangshan to taxis in Beijing, drivers in China are ditching diesel and embracing electric vehicles because of their relatively stable running costs.
Researchers behind viral AI prediction visited Hormuz on a speedboat. This is what they saw
Wall Street’s Gonzo research firm Citrini claimed to have made an important discovery when it sent an analyst to see first-hand what is happening in the Strait of Hormuz, the narrow body of water that is deciding the future of the global economy.
· Colin Kruger
FX volatility likely to ease if Middle East tensions subside: banks
SEOUL, April 7 (Yonhap) -- Officials from major global investment banks and local lenders said Tuesday volatility in the South Korean foreign exchange (FX) market is expected to ease when tensions in the Middle East subside given the country's solid economic fundamentals and stable foreign currency liquidity, accord…
· Oh Seok-min
Universal Music set for takeover by Bill Ackman's Pershing Square
Bill Ackman's Pershing Square said Tuesday it is planning to buy Universal Music Group in a cash and stock deal.
· April Roach
Kim Yo-jong’s rare praise marks firm red lines, not reconciliation, experts say
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…
· Jung Min-kyung
China's YMTC closes in on NAND leaders as Korea moves upmarket
China’s Yangtze Memory Technologies Co. is rapidly closing in on the world’s top makers of NAND flash memory, scaling production and advancing into higher-layer chips at a faster-than-expected pace. Korean chipmakers, long dominant in the market, are accelerating their shift to advanced nodes to defend their technol…
· Jo He-rim
Crackdown on weak firms intensifies, driving surge in Q1 delisting risks
South Korea saw a sharp increase in the number of companies facing potential delisting in the first quarter as regulators stepped up efforts to tighten market oversight.
· Choi Yeonjae