Chinese coal miners eye comeback as Iran war shakes energy market
Dunes of coal are piled near a mine in Ruzhou, in China's Henan province, in 2021. Coal, mostly produced domestically, shields China against oil supply risks. © Reuters
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Dunes of coal are piled near a mine in Ruzhou, in China's Henan province, in 2021. Coal, mostly produced domestically, shields China against oil supply risks. © Reuters
Some carriers have even removed unessential items like in-flight magazines from their planes
The Senegalese diaspora, estimated at around 700,000 people, nearly 4% of the population, plays a central role in the country’s economy. Mainly based in Europe and across Africa, it makes a significant contribution to national finances.
SEOUL, April 3 (Yonhap) -- President Lee Jae Myung will meet leaders of rival parties next week to discuss ways to support an economy hit by the war in the Middle East, a senior aide said Friday.
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OpenAI, the maker of ChatGPT and vanguard of the new wave of disruption sweeping through the economy, has taken a break from buying other artificial intelligence firms to invest in a daily three-hour online chat show.
Islamabad, Pakistan – At the start of this year, Pakistan had more imported liquefied natural gas (LNG) than it could use. Demand had been falling for three straight years, from a peak of 8.2 million tonnes in 2021 to 6.1 million tonnes by late 2025, as cheap solar panels flooded the market and factories cut back.
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…
President Donald Trump arrives to speak about the Iran war from the Cross Hall of the White House on Wednesday, April 1, 2026, in Washington. (AP Photo/Alex Brandon, Pool)
Anthony Miller thinks a recession could be on the way. (Supplied: Westpac)
Toymaker’s shares have fallen nearly 50 per cent since February as investors weigh slowing overseas growth and dependence on flagship line
A now hiring sign sits on the side of the road in Garland, Texas, Monday, March 23, 2026. (AP Photo/LM Otero)
For Easter – the first celebration since the market’s upgraded home opened its doors in January – there is a palpable buzz
Cricket in India is big business and the sport in the country is aiming to increase its footprint with the announcement of a 100,000-capacity stadium in the financial centre of Mumbai.
Hunting for all-ages entertainment this Easter shouldn’t have to break the bank or empty the fuel tank. Think of the city’s galleries, theatres and museums as your own personal treasure map.
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Number of outbound tour groups to the mainland rose 30 per cent year on year, according to Hong Kong Tourism Association head Timothy Chui
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…
LG Energy Solution said Friday it has become the first battery-maker to join the automotive software marketplace SDVerse, as the South Korean battery giant is accelerating its push into the fast-growing software-defined vehicle market.
Champions Japan and runner-up Australia say ‘inequality between the men’s and women’s game remains’ despite financial success of their event
SEOUL, April 3 (Yonhap) -- The government will take stern measures, including legal means, against malicious activities aimed at taking advantage of recent market volatility through the spread of fake news and rumors, a senior finance ministry official said Friday.
Shinhan Financial Group and Visa Inc. held talks to discuss potential cooperation in global payments and technology-driven finance, as the Korean banking group looks to sharpen its edge in digital finance.
60 per cent of outbound travellers expected to head to mainland cities, with high-speed rail continuing to gain popularity as the preferred mode of transport
Microsoft has made greater inroads with sales of its Copilot artificial intelligence add-on for business clients after facing criticism for relatively low adoption in recent months, executive Judson Althoff told employees on Thursday.
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The fully digital system aims to boost efficiency and strengthen the city’s competitiveness as a leading financial centre
A fragile truce prevented all-out confrontation, but Beijing and Washington remain locked in a struggle few analysts see easing any time soon
As the US lifts sanctions, Venezuelans are remaining optimistic for the future, but are still fighting corruption, repression of free speech and hyperinflation.
Japan Post Insurance will open its first overseas subsidiary in New York to monitor U.S. market trends and investment performance in real time. © Reuters
Welcome to The California Post’s weekly Dodgers recap, where baseball writers Dylan Hernández and Jack Harris review the week that was, hand out very official awards, and take stock of the state of the season –– publishing every Thursday.
SEOUL, April 3 (Yonhap) -- South Korea's foreign reserves posted their sharpest monthly decline in about a year in March amid a stronger dollar and authorities' efforts to manage exchange rate volatility, the central bank said Friday.
Stocks overcame early losses to finish with slim gains and close out their first winning week since the start of the Iran war.
The spot price for current physical cargoes of Brent crude oil soared Thursday to $141.36, the highest level since the 2008 financial crisis, according to S&P Global, which tracks the data.
Avatar: Fire and Ash (now streaming on VOD platforms like Amazon Prime Video) proved that the world may be getting a touch weary of James Cameron’s megablockbuster franchise. Sure, we don’t mind another opportunity to immerse ourselves in the singular spectacle of this vibrant alien world rendered with motion-captur…
It costs a ton of dough to raise a family in New York City — and, according to a new residential market report, the costs are getting even worse.
For over a century, policymakers have swung between two powerful economic poles: the egalitarian promise of Marxism and the efficiency-driven dynamism of Capitalism. One seeks justice, the other growth. Yet in today’s fractured global economy, which is marked by inequality, debt crises, and geopolitical instability,…
The Government has decided to strictly manage public expenditure to minimise the impact on the country’s economy due to the prevailing war situation in the Middle East region.
Gold prices fell sharply yesterday (April 02), snapping a four-day winning streak, after U.S. President Donald Trump signalled an escalation in the ongoing conflict with Iran, dampening investor sentiment and triggering a broader market pullback.
Sri Lanka’s homegrown financial institution Siyapatha Finance PLC displayed robust financial performance for the year ended 31st December 2025, reflecting the Company’s continued strategic growth initiatives, solid asset quality, and resilience amidst volatile economic conditions. The Company posted a profit before …
Pan Asia Bank was awarded Gold in the Customer Convenience category (Category C Banks) at the LankaPay Technnovation Awards 2026, in recognition of achieving the highest growth in digital transactions in 2025.
Asia Asset Finance PLC has once again reinforced its position as one of Sri Lanka’s most progressive and forward-looking financial institutions by securing major recognition at the Best Management Practices Company Awards 2026, organised by the Institute of Chartered Professional Managers of Sri Lanka.
The Commercial Bank of Ceylon has reinforced its leadership in digital payments and financial technology innovation with a haul of six awards, comprising four Golds, a Silver and a Merit, at the LankaPay Technnovation Awards 2026.
LB Finance PLC, the nation’s cornerstone in multifaceted financial services, staged a commanding performance at the LankaPay Technnovation Awards 2026.
Chevron Lubricants Lanka PLC (Chevron Lanka) (LLUB), a listed entity in the Colombo Securities Exchange (“CSE”), notched up record earnings in 2025, the highest ever in its 32-year history of operations in Sri Lanka. Earnings surpassed the LKR 4 billion milestone for the first time, on a topline of LKR 24.39 billion…
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Cabinet has approved a draft Bill aimed at dismantling criminal gangs, drug trafficking networks and their financial bases, according to our front-page report of yesterday’s edition. The legislation is also aimed at closing legal loopholes and facilitating the forfeiture of assets acquired through illegal means, amo…
China's local governments hope to spur spending by introducing school holidays. (Photo by Tomoki Mera)
Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank, the company said Thursday.
A few days ago, according to a leaked exchange, Iranian President Masoud Pezeshkian told an Iranian military counterpart that their nation’s economy will face collapse in three more weeks without an immediate cease-fire.