Africa faces growth slowdown due to war on Iran - Report
The Middle East war "presents a serious risk to Africa", the African Union and the African Development Bank (AfDB) said in a report seen by AFP Saturday.
· AfricaNews
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Newest first · UTC+11:00Saudi Arabia's non-oil business conditions weaken for first time since August 2020 | The National
Saudi Arabia's non-oil sector reported a decline in business activity in March, the first time in five-and-a-half years, amid disruption from the regional war.
· Aarti Nagraj
BOK nominee’s foreign-heavy assets draw conflict concerns
Bank of Korea governor nominee Shin Hyun-song holds more than half of his assets overseas, with nearly all of his financial assets denominated in foreign currencies — a structure that is drawing scrutiny over possible conflicts of interest related to exchange rate policy, data showed Sunday.
· Im Eun-byel
Growing Pains meets the ‘kill line’: a new Chinese hot take on the American dream
Internet commenters retrofit the viral metaphor to US movies and TV to highlight financial and social insecurity
· Jane Cai
Growing Pains meets the ‘kill line’: a new Chinese hot take on the American dream
Internet commenters retrofit the viral metaphor to US movies and TV to highlight financial and social insecurity
· Jane Cai
Renault eyes lineup expansion, bigger market share in S. Korea
SEOUL, April 5 (Yonhap) -- Renault Group aims to expand its lineup, increase market share and accelerate electrification in South Korea, the French carmaker's Chairman Francois Provost has said.
· Choi Kyong-ae
China’s long-delayed skyscraper, Goldin Finance 117, nears completion amid property woes
Once deemed a ‘ghost tower’ and a benchmark of unfinished projects, the 596-metre building’s state-backed revival reflects efforts to rebuild confidence in fragile market
· Mia Nurmamat
China’s long-delayed skyscraper, Goldin Finance 117, nears completion amid property woes
Once deemed a ‘ghost tower’ and a benchmark of unfinished projects, the 596-metre building’s state-backed revival reflects efforts to rebuild confidence in fragile market
· Mia Nurmamat
Chinese buy flats for cremated ashes due to high cemetery costs, leading to law against practice
Emerging laying-to-rest trend offers families financial flexibility; critics raise concerns over ‘psychological discomfort’, property values
· Yating Yang
Chinese buy flats for cremated ashes due to high cemetery costs, leading to law against practice
Emerging laying-to-rest trend offers families financial flexibility; critics raise concerns over ‘psychological discomfort’, property values
· Yating Yang
Hong Kong economy showed resilience in first quarter of 2026, Paul Chan says
Finance chief attributes performance to Hong Kong’s leveraging of steady growth of mainland China’s economy
· Emily Hung
Hong Kong economy showed resilience in first quarter of 2026, Paul Chan says
Finance chief attributes performance to Hong Kong’s leveraging of steady growth of mainland China’s economy
· Emily Hung
Samsung family to wrap up W12tr inheritance tax this month
The family of late Samsung Electronics Chairman Lee Kun-hee is set to complete payment of 12 trillion won ($8 billion) in inheritance taxes this month, lifting a major financial burden for South Korea's largest conglomerate.
· Jo He-rim
A strategy ‘to make life intolerable’: Israeli settlers are driving Christians out of West Bank
The Taybeh community has survived crusaders and the Ottoman and British empires, but the latest attacks leave its future in question
· Julianborger
Demographic shift fuels growth in China’s elderly care, insurance sectors
Powered by AI, the silver economy is driving product innovation and unlocking substantial new consumption growth
· Zhu Wenqian
Demographic shift fuels growth in China’s elderly care, insurance sectors
Powered by AI, the silver economy is driving product innovation and unlocking substantial new consumption growth
· Zhu Wenqian
'Anything but autos': Can defense save Europe’s ailing car industry?
The European car industry is in a structural crisis. Slowing demand for electric vehicles, lost market share to Chinese competitors and higher borrowing costs have created the perfect storm for the sector over the past five years, as sales volumes continue to slump well below pre-pandemic levels.
· Sam Meredith, Joseph Wilkins
Hong Kong tourists choose safety, affordability with trips to mainland China
Travel industry leader says rise in airlines’ fuel surcharges and Mideast conflict has dampened Hongkongers’ desire to travel long distances
· Ambrose Li
Hong Kong tourists choose safety, affordability with trips to mainland China
Travel industry leader says rise in airlines’ fuel surcharges and Mideast conflict has dampened Hongkongers’ desire to travel long distances
· Ambrose Li
Russian attack on Ukraine market kills five
A Russian drone attack on a market in southern Ukraine has killed five people and injured 21, including a 14-year-old girl, the prosecutor general’s office says.
· Supuni Kulasinghe
Risky PF loans drop sharply in 2025: watchdog
SEOUL, April 5 (Yonhap) -- Outstanding loans extended to risky real estate development projects dropped sharply last year via sell-offs or recapitalization, the financial watchdog said Sunday.
· Park Sang-soo
Tesla tops Korea’s imported car market for first time
Tesla ranked No. 1 in Korea’s imported car market in the first quarter, marking its first time taking the quarterly top spot.
· Jeon Ji-woo
Iran orders asset seizures for 100 accused of 'supporting enemy abroad'
Tehran's Prosecutor’s Office has ordered the seizure of assets and freezing of bank accounts of more than 100 individuals accused of “supporting the enemy abroad”, Fars news agency reported.
· Middleeasteye
Iran warns of 'big surprise' for US, Israel
An Iranian security official warned of “a big surprise” for the United States and Israel, saying Tehran is advancing according to its plans and a “specific target bank", Fars news reported.
· Middleeasteye
Kevin Warsh needs to be confirmed as Fed Chair in order to avoid an economic shutdown
Kevin Warsh would like to start as Fed chairman yesterday, but his nomination as the head of the central bank remains in limbo.
· Charles Gasparino
How China is transforming Hong Kong into a strategic hub
The city is moving beyond its traditional role to drive the nation’s financial and innovation future
· Ningrong Liu
How China is transforming Hong Kong into a strategic hub
The city is moving beyond its traditional role to drive the nation’s financial and innovation future
· Ningrong Liu
Iran adds Israeli power stations to target list, report says
Iran’s armed forces have decided to add two major power stations in Israel to their target bank, Tasnim news agency reported, citing military sources.
· Middleeasteye
Israeli measures tighten grip on Hebron’s Ibrahimi Mosque
Hebron, occupied West Bank – Hebron’s Ibrahimi Mosque is no more than 50 metres from Aref Jaber’s home, in the neighbourhood that bears his surname, reflecting his family’s long history in the Palestinian city.
· Fayha Shalash
Black market in the red: How the Iran war is rippling through Melbourne’s underworld
Black market cigarette prices have soared up to 50 per cent as the closure of the Strait of Hormuz, a series of major seizures and worsening violence in the nationwide tobacco war squeezes local supplies and leads to price gouging.
· Chris Vedelago
Polymarket removes wagers on U.S. service member rescue mission in Iran
Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets.
· Alex Harring
Grave mistake: Missing NYC banker buried in pauper’s grave in Potter’s Field for 20 years
A missing Deutsche Bank exec was buried in a pauper’s grave for 20 years because the city failed to properly investigate when his body washed up near his FiDi home, according to court papers.
· Kathianne Boniello
Is AI making Pinoys smarter about money — or just faster at spending?
PINOYS are making financial decisions faster than ever. Credit cards are approved online. Loans are evaluated in terms of monthly amortization. Insurance is often purchased when risk feels immediate. Promotions influence timing. Installment plans shape purchasing behavior.
· Shravan Thakur
AI infrastructure push targets universities, workforce shift
A PHILIPPINE telecommunications group is expanding digital infrastructure and training initiatives to help universities prepare students for an economy increasingly shaped by artificial intelligence (AI), an executive said during a forum in Manila.
· J.G. Amor
DTI to mount 2026 National Food Fair, expanding market opportunities
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· The Manila Times
Russian strike on Ukraine market kills five, wounds 25
KYIV — A Russian drone hit a covered market in the eastern Ukrainian city of Nikopol on Saturday, killing five people and wounding 25, officials said, as Moscow pressed on with intensified daytime attacks.
· Agence France-Presse
European drivers choke on rising diesel prices
The price of diesel fuel has rocketed by more than 30 percent across Europe since the start of the Middle East war highlighting the continent's dependence on imported energy and the lingering prominence of diesel on the car market.
· The Local
France preparing ‘war economy’ – Politico
France is seeking to quadruple its stockpile of kamikaze drones and drastically expand missile arsenals by the end of the decade, Politico reported on Friday, citing a draft military planning law which describes the push as preparations for a “war economy.”
· RT
Russian attack on Ukraine market kills five
A Russian drone attack on a market in southern Ukraine has killed five people and injured 21, including a 14-year-old girl, the prosecutor general's office says.
· Sarah Rainsford
Five EU nations urge tax on energy firms' windfall profits
Spain and four other European Union nations have called for a tax on windfall profits of energy companies in response to rising fuel prices due to the Middle East war, Spanish Economy Minister Carlos Cuerpo said Saturday.
· The Local
Hong Kong IP festival Con-Con draws crowds on opening day
Visitors to two-day Con-Con Hong Kong 2026 stock up on exclusive merchandise at booths and take pictures of the latest figurines
· Theodora Yu
Hong Kong IP festival Con-Con draws crowds on opening day
Visitors to two-day Con-Con Hong Kong 2026 stock up on exclusive merchandise at booths and take pictures of the latest figurines
· Theodora Yu
Housing market trends favor home shoppers, but Iran war clouds the outlook for mortgage rates
Gail and David Sanders stand in front of their home which they have been trying to sell Wednesday, March 25, 2026, in Olathe, Kan. (AP Photo/Charlie Riedel)
· Alex Veiga
European ministers call for profit caps on energy companies as Iran war drives price surge
Gas prices are displayed near a ferris wheel in Frankfurt, Germany, Thursday, April 2, 2026. (AP Photo/Michael Probst)
· Derek Gatopoulos
Can world markets ride out the rest of Trump’s reign?
Two apparent anomalies stand out in recent market movements – the rising dollar and falling gold prices
· Anthony Rowley
Can world markets ride out the rest of Trump’s reign?
Two apparent anomalies stand out in recent market movements – the rising dollar and falling gold prices
· Anthony Rowley
China’s GPS rival, BeiDou, is getting an upgrade as Beijing eyes global adoption
China is overhauling its home-grown satellite navigation system as part of a push to expand the network’s global influence
· Xinyi Wu
China’s GPS rival, BeiDou, is getting an upgrade as Beijing eyes global adoption
China is overhauling its home-grown satellite navigation system as part of a push to expand the network’s global influence
· Xinyi Wu
What happened last time we ran out of oil?
Since World War 2, the U.S. has attempted to juggle its twin interests of supporting the state of Israel, and ensuring the stability of the global oil market. In one fell swoop, that decades-long project has failed in a big way. Turn on the tv and you’ll see no shortage of concerned journalists standing at fuel bows…
Polymarket ripped for taking bets on fate of downed F-15 pilot: ‘Disgusting’
Rep. Seth Moulton (D-Mass.) ripped Polymarket on Friday after the popular prediction market platform allowed users to place bets on the fate of a missing American F-15 fighter pilot shot down over Iran.
· Victor Nava