Wall Street bonuses reached a record $247,000 last year
The New York Stock Exchange is seen in New York, Friday, March 6, 2026. (AP Photo/Seth Wenig)
· Michael Hill
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Newest first · UTC+11:00BlackRock CEO does U-turn on Iran war optimism
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.
· RT
Concentrix showcases CyberProtect and iX Suite in Filipinnovation
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.
· The Manila Times
Indonesia's P2P Lending Grows 25%, JULO Strengthens Credit Quality
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.
· PRNEWSWIRE
VW pulls Skoda brand from China after years of falling sales
Czech brand’s mainland sales declined from 341,000 in 2018 to around 15,000 last year as domestic carmakers’ EVs won market share
· Themis Qi
Two drone strikes on civilian targets kill 28 people in Sudan
Market in North Darfur and truck carrying civilians in North Kordofan hit as civil war approaches fourth year
· Rachel Savage
Meituan posts second consecutive quarterly loss amid costly instant commerce battle
The Beijing-based company had a challenging 2025 after local e-commerce giant JD.com jumped into food and grocery deliveries
· Ben Jiang
Australian growth forecasts slashed as global economy faces inflation spike
OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflation
· Patrick Commins
OECD cuts eurozone growth outlook as war drives inflation
The Organisation for Economic Co-operation and Development has downgraded its outlook for the eurozone, warning that the Middle East war is driving up energy prices and fuelling inflation.
· Middleeasteye
Australia flagged as a global leader in a war-battered, inflationary world
The Reserve Bank has signalled it will push up interest rates even if the war in Iran delivers a short-term financial hit as a new report predicts Australia will be one of the world’s fastest growing economies with some of the highest inflation this year and next.
· Shane Wright
KT&G boosts dividends amid record earnings
KT&G on Thursday reiterated the importance of giving back to its shareholders, underscoring the company’s efforts to bolster its presence in the global market and initiatives to upgrade its corporate value.
· Kan Hyeong-woo
Job fears, security risks spark call for Chinese government ‘red lines’ in AI applications
Stronger oversight needed as unchecked AI risks undermining jobs and data security, government advisers urge at the Boao Forum for Asia
· Ji Siqi
Iran war is a 'catastrophe,' G7 ministers warn — but there's little they can do to stop it
The U.S. and Israeli war on Iran is having a catastrophic impact on the global economy, European members of the G7 have warned ahead of a key summit on Thursday.
· Holly Ellyatt
How skyrocketing fuel costs could fan the flames of inflation
Australia’s high rate of inflation is coming under more pressure as big transport companies including Uber, Qantas and Australia Post increase their prices in response to rising fuel costs.
· Simon Johanson, Clancy Yeates
Germany’s blunt candour about Trump highlights how timid Australia has become
Donald Trump started a reckless war against Iran with no plan for victory. Now, a month into a conflict ravaging the global economy, he has no strategy to get out of it. That was the grim and refreshingly honest message from Germany’s defence minister during a visit to Canberra on Thursday. And there was plenty more…
· Matthew Knott
Xinhua Silk Road: From consensus to actions, Global South drives int'l green capital flows
BEIJING, March 26, 2026 /PRNewswire/ -- When the 2026 Global South Financiers Forum opened on Wednesday, officials, bankers, business leaders and representatives of international organizations from more than 30 countries and regions gathered here with the aim of joining hands to bolster more inclusive and sustainabl…
· PRNEWSWIRE
Venezuela deploys robotic dogs for patrols in Caracas
Venezuela’s Chacao municipality, in eastern Caracas, has introduced two robotic dogs named Turbo and Voltio as part of a new public security programme unveiled in March 2026. The AI-powered machines, presented by Mayor Gustavo Duque, are expected to patrol plazas and other public areas, especially at night, using hi…
· AfricaNews
‘Demand shock’: China cannot escape the impact of a long Iran war, analyst warns
China’s economy is more resilient than most, but a decline in global demand sparked by the war would hurt Chinese exporters, analyst warns
· Ji Siqi
Bowen’s big stick spurs biggest intervention since WWII to secure fuel for bush
Labor has intervened to secure regional fuel supply chains in one of the most drastic market interventions since petrol rationing during WWII, as Energy Minister Chris Bowen forces suppliers to sell to independent regional service stations that are running on empty.
· Mike Foley, Paul Sakkal
China rushes to stabilise fertiliser market as Iran war chokes off imports
China is pushing firms to release their fertiliser reserves in time for the vital spring planting season, as supplies of key inputs tighten
· Mia Nurmamat
KB Financial secures W7.5tr for tax-free payout
KB Financial Group shareholders approved a 7.5 trillion won ($5 billion) capital reserve reduction on Thursday, clearing the way for a larger pool of tax-free shareholder payouts.
· Choi Ji-won
Auction clearance rate slumps to 57% nationwide as interest rate hikes prompt Australians to sell
Homebuyers lose confidence amid higher rates and Iran war-linked price rises across the economy, buyers agent says
· Luca Ittimani
As Iran war rages, China links peace to economic growth at Boao Forum
Beijing will continue promoting free trade, openness and a sound legal system for business, top legislator says
· Ji Siqi
Iran envoy softens stance on Korean vessels after earlier warning over Hormuz transit
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
The oil market is in 'backwardation,' analysts say. Here’s what that means for energy prices
Oil prices have been gripped by volatility since the U.S.-Iran war began nearly four weeks ago.
· Chloe Taylor
US private credit woes spark misselling concerns: FSS chief
South Korea’s top financial regulator on Thursday warned that misselling concerns tied to US private credit products are only beginning to surface, as uncertainty lingers over potential losses.
· Im Eun-byel
K-beauty defies record foreign exodus
Iran conflict fuels stock market selloff, but K-beauty stands out on export strength
· No Kyung-min
Gov't to expand fuel tax cuts; diesel from 10 to 25%, gasoline from 7 to 15%
South Korea will significantly expand its temporary fuel tax cut in a bid to ease the financial burden on consumers amid the prolonged conflict in the Middle East, the finance ministry said Thursday.
· Yonhap
North Korean leader hosts Belarus' Lukashenko, Seoul notes deepening trilateral alignment
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
Shinhan Financial chief secures second term amid global push
Shinhan Financial Group shareholders on Thursday approved Jin Ok-dong for a second three-year term as chairman and CEO as it presses ahead with efforts to improve shareholder returns and expand overseas.
· Choi Ji-won
Woori Bank Vietnam names company veteran as CEO
Woori Bank Vietnam has appointed Bae Tae-in as its new chief executive officer, the country's unit announced Thursday.
· Jeon Ji-woo
Sirens sound in central Israel and Jerusalem after Iranian attacks detected
The Israeli army said air defences were responding to "missiles launched from Iran", with sirens activated across central Israel, parts of Jerusalem and the occupied West Bank.
· Middleeasteye
U.S.-Israeli war on Iran pushes consumers to reconsider fossil fuel alternatives
Just weeks ago, the U.S. electric-car market looked moribund.
· Todd Woody
Hanwha Life’s sales spin-off pays off in scale, profit, quality
Five years after spinning off its sales arm, Hanwha Life can hold up Hanwha Life Financial Services as proof that separating manufacturing and distribution can pay off. The unit has emerged as a major force in Korea’s general agency market through rapid gains in scale, profitability and sales quality.
· Choi Ji-won
Kakao Bank names deputy CEO, boosts dividend
Kakao Bank held its annual general meeting on Thursday, during which shareholders approved the appointment of Kim Geon-soo as deputy chief executive and a 219.2 billion won ($145.5 million) cash dividend.
· Choi Ji-won
SK Telecom eyes return to 40% market share after hack setback
SK Telecom CEO Jung Jai-hun said Thursday the company is aiming to bring its market share back to around 40 percent by year-end after last year’s slide that followed a hacking incident, backed by a return to net subscriber growth and stronger shareholder returns.
· Jie Ye-eun
Trump broke the oil market and everyone else will pay the price
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· Noah Smith
PH suspends electricity market due to Middle East conflict
(1st UPDATE) The Energy Regulatory Commission proposes to implement a modified administered pricing, which it expects to be finalized by April 1
· Herbie G
Philippines suspends electricity market due to war on Iran
The Philippines' energy market regulator said that it suspended the country's wholesale electricity spot market across all its three grids until further notice.
· Middleeasteye
Asian shares mostly fall and oil climbs on Iran war uncertainties
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Thursday, March 26, 2026. (AP Photo/Ahn Young-joon)
· Chan Ho Him
ERC orders temporary WESM operations suspension
MANILA, Philippines – The Energy Regulatory Commission (ERC) on Thursday announced the temporary suspension of operations of the Wholesale Electricity Spot Market in all three grids in the country to help address the energy supply risk and price volatility due to the ongoing conflict in the Middle East.
· PNA
GAC Philippines Lands Three Strategic Moves with ONE GAC 2.0 to Deepen Local Market Presence
MANILA, Philippines, March 26, 2026 /PRNewswire/ -- In early 2026, GAC continued its strong growth momentum in the Asia-Pacific region. Since late January, GAC INTERNATIONAL Philippines has focused on "brand renewal," completing a multi-faceted rollout—from strategy announcement and experience enhancement to channel…
· PRNEWSWIRE
She Matters: Merck’s Women’s Health Summit champions health, economy, planet
MERCK, a leading science and technology company, hosted its second “She Matters: Women’s Health Summit” at Conrad Manila, bringing together doctors, health care leaders, policymakers and advocates in a shared declaration and call-to-action to improve women’s health across every stage of life and planetary health.
· The Manila Times
Labor pushes real-wage increase for millions of workers despite inflation fears
The Albanese government has recommended a real-wage increase for almost 3 million workers on minimum and award wages, dismissing claims that the move would be inflationary.
· Nick Newling
China’s obesity drug makers take on global giants as Novo Nordisk patent expires
Patent expiry of blockbuster drug opens door for Chinese drug makers to challenge multinationals in booming weight-loss market
· Julie Zhang
Ex-DBP executive convicted in property undervaluation case
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· Herbie G
War on Iran ‘making us all poorer’ but RBA may need to hike interest rates again, official warns
Comments come as the Albanese government said it would back an ‘economically sustainable’ above-inflation minimum wage rise
· Patrick Commins
Lift minimum wage above the rate of inflation, federal government urges
Topic:Federal Government
· Tom Crowley
Beyond Exposure: PR Newswire Elevates Trusted Distribution Across Asia-Pacific
HONG KONG, March 26, 2026 /PRNewswire/ -- PR Newswire has reinforced its Asia‑Pacific distribution network by expanding trusted media partnerships and upgrading its Premium Wire coverage across key markets. This upgrade happened in response to the quickly evolving market affected by Artificial intelligence, generati…
· PRNEWSWIRE