Economy & Finance
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Newest first · UTC+11:00Circle heads for its worst day on record as stablecoin rival Tether announces audit milestone
Stablecoin issuer Circle is tumbling after competitor Tether announced it has hired an unnamed Big Four accounting firm to audit its USDT reserves for the first time.
French prosecutors search Paris arm of Swiss bank in Epstein-linked probe
PARIS (AP) — French financial prosecutors said Tuesday that searches were carried out at several locations, including the Paris arm of Swiss private bank Edmond de Rothschild, as part of an investigation tied to revelations from the files on Jeffrey Epstein.
Kash Patel’s phone records, bank info swept up in Biden admin’s ‘Watergate’
A Senate Judiciary subcommittee hearing will examine what Republicans are calling Joe Biden’s “Watergate.”
IMF plans Mozambique visit as debt pressures deepen
Mozambique is set to host an International Monetary Fund mission in the coming months, as authorities seek support to manage growing financial pressures.
Israeli press review: Concerns about the economy and air defence capacities
On Monday, the governor of the Bank of Israel, Amir Yaron, filed the financial institution’s 2025 annual report to the government and the Knesset.
Scientists warn that a modern supermarket staple is messing with women’s fertility
While shopping the perimeter of the grocery store is an age-old tip to stock up on good-for-you foods, reaching for chips, cookies and soda can be the ultimate comfort habit.
Kalshi and Polymarket ban insider trading as senators look to curb prediction markets
Top prediction market sites usher in new guardrails after senators introduced bill that could limit booming industry
GFTN, The University of Western Australia's QUISA Research Centre, and ST Engineering Partner to Advance Quantum-Safe Financial Infrastructure through Q-FINEX
PERTH, Australia, March 24, 2026 /PRNewswire/ -- Global Finance & Technology Network (GFTN), The University of Western Australia's Quantum Information, Simulation and Algorithms (QUISA) research group, and ST Engineering today announced a strategic partnership to jointly advance Q-FINEX, a quantum-enabled financial …
Albanese government could increase ethanol level in fuel as farmers warn on food prices
Treasurer admits the end of the war ‘can’t come soon enough’ for Australia as small miners scale back operations
Seven charts that reveal how unprepared Australia was for the fuel crisis
Disruption to Middle Eastern oil shipments has rippled along the world’s longest supply chain, through Asia, and finally to Australia – and there’s no knowing when the pressure will ease
Hong Kong a ‘safe harbour’ for family wealth as global tensions rise, officials say
City provides a stable platform for growth and deployment of capital amid ‘uncertainty and conflicts’, Financial Secretary Paul Chan says
What to do with old laptops, iPhones and other unused electronics
Used charging cables and power adapters are piled up at a shop in Nhat Tao market, the largest informal recycling market in Ho Chi Minh City, Vietnam, Jan. 28, 2024. (AP Photo/Jae C. Hong, File)
The big slow build: Labor’s 1.2 million-home plan already a year behind schedule
NSW is more than two years behind schedule to deliver its share of 1.2 million homes the federal government hopes to have built across the country by the end of the decade, ensuring price pressures on the nation’s most expensive property market will remain entrenched.
Stagflation alarm bells ring in the euro zone as energy crunch hits the global economy
Private sector output in the euro zone sank to a 10-month low in March, amid mounting evidence of the impact the Iran conflict is having on the global economy.
Why DHL is betting on rising Chinese exports – even as war and tariff risks grow
The global logistics giant still sees huge growth potential in the wave of Chinese companies looking to expand overseas
United ditches more economy seats to make room for bigger premium cabins with new layouts
LOS ANGELES — United Airlines' formula for higher profits: fewer, but better seats.
EV battery startup pivots to defense industry amid Iran war, weak electric vehicle market
An Arizona-based battery startup led by a former General Motors executive is pivoting from making products for all-electric vehicles to ones for the aerospace and defense industries amid the war in Iran and growing demand for U.S. drones by the Trump administration.
WATCH: Israel vows aid for family of slain in Middle East
Israel Ambassador in Manila Dana Kursh vows that the family of Mary Ann Velasquez de Vera, the overseas Filipino worker (OFW) who died in Israel amid the ongoing conflict in the Middle East, will be given financial assistance. Speaking at the launch of a women’s health center in Rizal Medical Center on Tuesday, Kurs…
$580 million in oil bets placed moments before Trump’s Iran post – FT
Oil traders placed more than half a billion dollars in bets minutes before US President Donald Trump announced “productive” talks with Iran on Monday, the Financial Times has reported.
$580 million in oil bets placed moments before Trump’s Iran post – FT
Oil traders placed more than half a billion dollars in bets minutes before US President Donald Trump announced “productive” talks with Iran on Monday, the Financial Times has reported.
China warns Japan that ‘new militarism’, ‘Takaichinomics’ risk instability
Communist Party newspaper cautions against tying economic growth to ‘militaristic adventurism’, saying Japan’s citizens would shoulder the costs
Senior Chinese financial regulator and ex-graft fighter Zhou Liang under corruption probe
Graft busters say 2026 targets include finance, state-owned enterprises, energy, education, development zones and public procurement
Expert panel to drive sustainable growth in energy sector - DailyNews
The Cabinet of Ministers has approved the appointment of an expert committee, chaired by Dr. Hans Wijayasuriya, to prepare a framework for developing the national energy economy.
Iran war exposing deeper risks of US financial dominance
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The Breakdown | Fiji and the beautiful south reveal rugby’s soul but northern money talks loudest
Southern hemisphere players are integral to the global game but the financial clout of Europe remains dominant
Three meteorites crashed into Earth this month, including one in a Texas bedroom — ‘hunter’ explains why
The night sky across Houston briefly flashed Saturday night, followed by a sonic boom.
Government launches initiative to boost QR-based digital payments - DailyNews
The Cabinet Ministers has approved a program to accelerate the use of the National QR Payment system (LankaQR) by waiving fees for transactions below Rs. 5,000, aiming to promote digital payments and strengthen the country’s digital economy.
North Korea eyes adoption of formal police system to shed isolationist image
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…
Puig stock soars 15% after Estée Lauder confirms takeover talks with Charlotte Tilbury maker
Shares of Puig Brands soared as much as 15% Tuesday after beauty peer Estée Lauder confirmed it is in talks about merging the two companies.
Workers' job market gloom has increased dramatically over the past few years, Gallup survey finds
WASHINGTON, D.C — Americans' outlook on the job market has turned increasingly pessimistic, a surprisingly negative shift given the low unemployment rate but one that likely reflects an ongoing hiring drought.
Europe, Australia compromise on cheese and wine names in $10b trade deal
A breakthrough free trade agreement with Europe will boost the Australian economy by $10 billion a year and cut prices for local shoppers, but angry farmers have accused the Albanese government of failing to drive a hard enough bargain to secure expanded access to Europe’s 450 million consumers.
$10,000 gold still in play? Market watchers hold firm despite bullion bear market slide
Gold's sharp selloff may have pushed the metal firmly into bear market territory, but some market veterans are sticking to ambitious long-term forecasts.
Amid muted Eid celebrations, violence surges across the West Bank
As Muslims across the world marked Eid al-Fitr, the end of Ramadan, and as the United States-Israel war on Iran stretched into its fourth week, Palestinians in the occupied West Bank have endured an outpouring of violence. Gates at the entrances to many Palestinian communities in the territory, which many Israelis w…
Hana Financial shareholders approve HQ move to Cheongna
Capital reserve cut of W7.4tr approved to boost shareholder returns
Global South to bear the brunt of Strait of Hormuz crisis amid food scarcity
Commerce chief warns of ‘heavy collateral damage’ in developing economies as flow of oil, fertiliser and perishable goods is restricted
Samsung SDI signs W1.6tr cathode deal with L&F in ESS push
Samsung SDI said Tuesday that it signed a 1.6 trillion won ($1.1 billion) cathode supply deal with L&F, strengthening its position in the North American energy storage system market through a battery materials supply chain outside China.
Mirae Asset co-CEOs secure new terms on strong earnings
Mirae Asset Securities vice chairmen and co-CEOs Kim Mi-seob and Heo Sun-ho will continue leading the nation's top investment bank and securities firm after securing shareholder approval for another term on Tuesday, backed by strong earnings driven by a stock market rally.
Global financial markets on war footing as 'situation remains incredibly fragile'
Topic:Unrest, Conflict and War
Report: Traders placed huge oil bets before Trump Iran announcement
Traders placed more than $500 million in oil futures bets minutes before President Donald Trump announced “very good and productive conversations” with Iran, the Financial Times reported.
Hong Kong’s eMPF to cut fees by 21.6% from April, saving US$6.4 billion in 10 years
The fee cut, which lowers administration costs from 0.37 per cent to 0.29 per cent, has been approved by Financial Secretary Paul Chan
N. Korean leader brands South ‘most hostile state,’ hinting at fundamental changes
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…
SHDA Golf Cup 2026 swings into its 4th edition with sportsmanship, collaboration
THE Subdivision and Housing Developers Association (SHDA) is bringing together key players in the country’s housing sector for the 4th SHDA Golf Cup, set on March 26, 2026 at the Wack Wack Golf and Country Club in Mandaluyong City, where developers, investors, financial institutions and industry partners will connec…
Gold sinks deeper into bear market territory as sell-off extends
Gold extended its slide on Tuesday, deepening its bear market phase, as investors unwind positions, with a stronger U.S. dollar and elevated Treasury yields reducing the yellow metal's allure.
[Key Points] Kim tightens grip, North Korea turns hardline on South
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…
Job market optimism has fallen since 2022: New Gallup survey
A now hiring sign sits by the sidewalk as a rider on a scooter passes in Garland, Texas, Monday, March 23, 2026. (AP Photo/LM Otero)
ADB President Masato Kanda visits Colombo Port Control Tower - DailyNews
Asian Development Bank President Masato Kanda says strengthening port capacity, connectivity, and logistics will be key to enhancing Sri Lanka’s role in regional and global trade.
New Zealand to give cash payments to some low income families as global fuel crisis worsens
Policy begins on 1 April and is aimed to ease financial pressure as the price of fuel surges due to conflict in the Middle East
South Korea cuts fuel use as war hits economy, launches measures amid energy crisis
South Korea’s Prime Minister Kim Min-seok has cancelled a planned trip to China to address mounting economic concerns at home linked to the fallout from the Iran war, local media reported.
Stocks rally and oil sinks after Trump hints at a possible end to war, even as Iran denies talks
NEW YORK — A cautious relief swept through financial markets Monday after President Donald Trump said the United States has talked with Iran about a possible end to their war. Oil prices eased, and stock prices rose on Wall Street following severe losses taken elsewhere in the world before Trump’s announcement.