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The US-Israeli war on Iran could usher in the end of the petrodollar, a key pillar of the US’s financial heft in the world, according to a new report by Deutsche Bank.
By Joseph Hathaway-Wilson
U.S. stocks had their worst day since the war with Iran started, as doubt took over again from hope on Wall Street about a possible end to the conflict.
A suspected inside trader on the prediction market platform Polymarket netted $2.14 million in profits by correctly betting on a US military strike on Iran, but experts say they’re not covering their tracks very well.
In accordance with the Financial Intelligence Unit (FIU), the country’s preliminary measures to prevent money laundering and terrorist financing, which are expected to be adopted at the annual general meeting of the Asia-Pacific Anti-Money Laundering Group (APG) to be held in July next year, have been implemented ac…
Despite the war situation in the Middle East, the Central Bank of Sri Lanka has been able to maintain inflation at the five per cent level as predicted, Governor Dr. Nandalal Weerasinghe said.
Cyclone has re-intensified to category-four storm off the coast near Exmouth. Follow today’s news live
Gov. Gavin Newsom took a dig at Kamala Harris for twisting the truth of what happened in a supposed texting spat between the two in her memoir “107 days” — speculating there was a financial motive.
The Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe stated that there is no need to restrict vehicle imports at this juncture as the country’s gross official foreign exchange reserves has increased to US$ 7.3 billion by end last month.
Commercial Bank of Ceylon has once again been voted the ‘People’s Private Banking Services Brand of the Year,’ securing this coveted title for the fourth consecutive year at the SLIM Kantar People’s Awards 2026 and retaining its standing as the most popular private sector bank in Sri Lanka.
Assetline Insurance Brokers (Private) Limited (AIBL), a subsidiary of the David Pieris Group, has further strengthened its market position following the award of the Reinsurance Broking License by the Insurance Regulatory Commission of Sri Lanka (IRCSL).Backed by the financial strength, governance framework and inst…
The Asian Development Bank (ADB) delegation, led by President Masato Kanda, conducted a site visit to the Sri Lanka Ports Authority, including Colombo Port and the pilot station, to review ongoing development projects and operational activities. The team, including Mahinda Siriwardana, Sona Shrestha, Keiichiro Inui,…
Governor of the Central Bank of Sri Lanka Dr. Nandalal Weerasinghe said that with the aim of ensuring transparency in Sri Lanka’s financial sector and further strengthening its relations with the international financial system, the government has taken steps to amend three key financial laws.
Sri Lanka’s most Trusted and Innovative media services provider
The Philippines earlier this week became the first country to declare an “Energy Emergency” in the wake of hostilities between Iran and Israel/United States (US). Philippine President Ferdinand Marcos Jr declared the national energy emergency in response to what he called the “imminent danger” posed to the country’s…
NEW YORK- Elon Musk is discussing allocating as much as 30% of SpaceX’s initial public offering to individual investors — at least three times the usual retail slice — leaning on his rabid fan base and other loyal backers to help steady the stock after its debut, a person familiar with the matter said.
Economy secretary rejected Beijing’s complaints, saying Chinese firms sell below cost with state backing and Mexico will not back down
Crystal McEntire lives two lives.
Australians are set for a triple-whammy of price hikes across health insurance premiums, energy bills and mortgage repayments starting from April 1.The average cost of private health insurance is set to jump by more than 4 per cent on the first of the month, hitting many Aussies in the hip pocket.Electricity bills …
Former Liberal Bennelong candidate Scott Yung owes the party more than $400,000 after running up a significant debt during the federal election campaign – a figure that will leave the battleground seat in a financial hole ahead of the next election.
David Jones is moving to permanently pay suppliers up to eight weeks after their goods have sold in a sign of major financial pressure on the 188-year-old department store chain, which blamed a previous attempt to extend its deadlines in January on a one-off IT upgrade.
West Australian renters are being slugged by hefty increases to their weekly payments as pressure on the housing market grows, with some forking out hundreds more per week over the past seven months alone.
While pandemic-era low mortgage rates have paralyzed the housing market, a parallel renter “lock-in” effect is gripping the nation’s most expensive metros, as tenants in New York City and Los Angeles find it financially impossible to walk away from below-market leases.
Buffalo Sabres center Josh Norris (9) celebrates his goal against the Tampa Bay Lightning with right wing Josh Doan, and center Noah Ostlund (86) during the first period of an NHL hockey game Saturday, Feb. 28, 2026, in Tampa, Fla. (AP Photo/Chris O’Meara)
The OECD on Thursday issued a somber warning about the economic impact of the Iran war if it drags on, saying inflation could reach a painful 4.2% in the US this year.
The de facto blockade of the Strait of Hormuz by Iran in response to the United States-Israel war has caused one of the worst energy crises in decades with experts warning of a looming global recession.
For days, Hadeel al-Masalmeh has sat alone in her room, refusing to speak.
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
HONG KONG, March 26, 2026 /PRNewswire/ -- Newborn Town Inc. (Newborn Town or the company, together with the subsidiaries as the 'Group', stock code: 09911.HK), a leading global social entertainment company, released its annual results for 2025.
President Donald Trump said Thursday that neither the spike in oil prices nor the slump in the stock market during the Iran war were as bad he had anticipated.
British Airways is offering a financial incentive to its pilots who reduce their planes' fuel consumption, as the U.S.-Iran war continues to plague travel and drive up jet fuel prices.
SHANGHAI, March 26, 2026 /PRNewswire/ -- JOY GROUP has announced its financial results for the 2025 fiscal year, achieving annual retail sales exceeding US$730M (RMB 5.1B) and total revenue surpassing US$620M (RMB 4.3B), representing a 22% year-on-year increase. The Group maintained healthy profitability while deliv…
Nigeria’s return to Windsor Castle after nearly four decades marks more than a ceremonial milestone—it signals a renewed push to strengthen economic ties with the United Kingdom and reposition Africa’s largest economy on the global stage.
Boca Raton just broke ground on its first new office building in nearly two decades, a sign the city once synonymous with retirement living is making a play for the region’s high-end business tenants.
Retail firms are warning that the conflict in the Middle East is driving up costs and could lead to price hikes if the war continues beyond the short term.
The UK government cited security concerns but gave few details, leaving observers to question if geopolitical pressure shaped move
Wall Street bonuses hit a record $49.2 billion in 2025, up 9 percent, according to an annual estimate by New York State Comptroller Thomas DiNapoli, who warned Mayor Zohran Mamdani that a strong financial sector is crucial for the Big Apple’s success.
While the impact of the war in Iran is sparing no major global economy, the U.K. is predicted to bear the greatest economic hit of any developed market nation, according to the Organisation for Economic Co-operation and Development (OECD).
In Boca Raton, gated communities practically outnumber grocery stores. But the Cipriani family — famous for their New York City restaurants and Harry’s Bar in Venice — is betting the market is ready for something different: a branded residential tower.
‘Misappropriation of financial resources’ from actor, 90, tracked to property, vineyards and olive groves in Tuscany
DUBAI, UAE, March 26, 2026 /PRNewswire/ -- Dubai has recorded its highest ever ranking on the Global Financial Centres Index (GFCI) at seventh place globally underscoring the Emirate's accelerating rise among the world's most influential financial hubs and its importance in the global financial system.
Latest index underscores Hong Kong’s role as a leading global finance hub, with strength in fintech, banking and insurance
The Iran war and its impact on the global energy market will keep headline U.S. inflation this year well above the Federal Reserve's projections, possibly necessitating policy action, according to a key global policy group.
Aipac-backed lawmakers denounce ‘extremist’ violence in West Bank as support for Israel becomes a political liability
The New York Stock Exchange is seen in New York, Friday, March 6, 2026. (AP Photo/Seth Wenig)
BlackRock CEO Larry Fink has warned of an impending global recession if the US-Israeli war on Iran drags on and oil prices remain above $100 a barrel. The stark prediction comes just weeks after Fink framed the conflict as a good long-term investment opportunity.
LEADERS from government, technology and multiple industries convened on March 24 for Filipinnovation-powered by Concentrix, an exclusive business summit advancing national dialogue on digital transformation and cyber resilience in the domestic market.
JAKARTA, Indonesia, March 26, 2026 /PRNewswire/ -- Indonesia's fintech lending (P2P lending) industry continues to demonstrate strong growth. Data from the Financial Services Authority (OJK) shows that outstanding loans from fintech lending reached IDR 98.54 trillion as of January 2026, growing 25.52% year-on-year.
Czech brand’s mainland sales declined from 341,000 in 2018 to around 15,000 last year as domestic carmakers’ EVs won market share