LAS VEGAS, March 17, 2026 /PRNewswire/ -- CONEXPO-CON/AGG 2026, one of the world's largest construction machinery exhibitions, was held from March 3 to 7 in Las Vegas. Leading Chinese construction machinery manufacturer XCMG has presented a strong exhibition of equipment and integrated solutions tailored for the Nor…
Meta’s stock jumped more than 3% in early Monday trading on news that Mark Zuckerberg’s company is planning to cut more than 20% of the company’s workforce as it ramps up spending on artificial intelligence.
The United States-Israeli war on Iran and Tehran’s retaliatory strikes across the Gulf region have upended global financial and energy markets, raising concerns of a global economic crisis – and even of a recession.
Bank of America has settled a civil lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed on Monday.
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, visiting lecturer at the Institute of Social Sciences of the Russian Presidential Academy of National Economy and Public Administration
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, visiting lecturer at the Institute of Social Sciences of the Russian Presidential Academy of National Economy and Public Administration
The rising age of first-time homebuyers has dominated discussion of the housing market in recent months—and multiple sources offer varying estimates of how old the typical first-time buyer really is.
Congolese president Félix Tshisekedi signed a decree-law on Saturday to create a brand-new specialised court to deal with economic and financial crimes such as corruption and money laundering.
Treasury Secretary Scott Bessent said Monday that the administration has no plans to intervene in financial markets and may not have the authority to do so even if it wanted.
SEOUL, South Korea, March 16, 2026 /PRNewswire/ -- Air Premia, Korea's only hybrid airline, has enhanced passenger comfort by reducing the total number of seats while expanding seat pitch to enhance passenger comfort.
It may seem like the ongoing conflict between Iran and the US and Israel is happening far away, but it’s already starting to affect life in Spain, including the property market.
The closure of the Strait of Hormuz by Iran is a military strategy with vast consequences for the global economy, not just in the form of higher oil prices, but with disruptions in supply chains involving metals and manufacturing, and farming and food prices. And at some point in the future, supply chain experts say…
Meta stock was on the up before U.S. markets opened on Thursday following reports the company is planning to lay off over 20% of its workforce to balance its staggering AI spending plans this year.
BEIRUT, Lebanon — Fears of a global energy crisis rose Monday as the war in the Middle East raged on, with more US-Israeli strikes on the Iranian capital and Israel's bombardment of Lebanon. An Iranian drone strike temporarily shut Dubai’s airport, a crucial global travel hub, underscoring the threats to the world e…
Amazon has been signaling that it wants a piece of the Saks empire — including possibly buying it outright — even as its prospects to break into the luxury market have been complicated by its controversial role in the retailer’s bankruptcy, The Post has learned.
SHANGHAI, March 16, 2026 /PRNewswire/ -- At The Asian Banker "Global Excellence In Retail Finance Awards Ceremony And Gala Dinner 2026"on 12 March, WeBank received four major awards in recognition of its technological innovation and inclusive finance capabilities. The Bank once again retained the titles of "Best Dig…
Atarah Capital has announced the appointment of Mr. Janaka Karunaratne, retired Deputy Governor (DG) of Central Bank of Sri Lanka (CBSL) as a Non-Executive Independent Director. Having served at CBSL for over 34 years, Janaka assumes his inaugural appointment in the Private Sector as a Director of Atarah Capital, a …
Australians blame Anthony Albanese and his government for the nation’s inflation pressures as they cut their spending on takeaway meals, drop subscriptions for streaming services and put off repairs around the house and on their cars to make ends meet.
Setting a near 20-year attendance record, this year’s race strengthened the city’s case as global event venue – and China’s efforts to spur consumption
SEJONG — A surge in oil prices triggered by the war involving Iran could deal a significant blow to the South Korean economy if the rally persists, given the country’s heavy reliance on Middle Eastern crude oil, a state-run research institute warned Monday.
Madagascar’s transitional leader, Michael Randrianirina, has appointed the head of the country’s financial intelligence unit, Mamitiana Rajaonarison, as prime minister, just days after dissolving the government.
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…
Samsung SDI said Monday it has clinched a 1.5 trillion won ($1 billion) deal to supply prismatic energy storage system batteries for a US energy firm, building on its growing presence in the North American energy storage market.
South Korean and Cambodian tax authorities are stepping up cooperation on cross-border information sharing tied to tax crimes and financial assets as they seek to trace proceeds concealed overseas.
Poland’s economy has been transformed dramatically since the fall of communism in 1989. Once struggling, it is now one of Europe’s most successful. Poland’s GDP has risen significantly, and the economy has grown steadily since joining the European Union in 2004. (AP Video by Pietro de Cristofaro)
LG Display has begun supplying organic light-emitting diode panels to Chinese electronics maker TCL for the first time, marking a notable partnership as the Chinese firm moves into the premium OLED monitor market.
A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Friday, March 13, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
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…
APR said Monday that its flagship beauty brand Medicube has entered Nykaa, India’s largest beauty platform, marking a strategic partnership aimed at expanding its presence in the local market.
Trump's decision to order strikes on Kharg Island has pushed one of the world's most critical oil hubs into the center of the escalating U.S.-Iran conflict.
President Donald Trump's order to strike Iranian military assets on Kharg Island has thrust one of Tehran's most critical oil hubs into the center of the escalating U.S.-Iran conflict.
MANILA, Philippines — Pasig City will begin releasing the P5,000 fuel subsidy for tricycle drivers this week under the national government’s financial assistance program for public utility vehicle drivers.
China's economy started on a strong footing this year, with consumption and production both beating expectations as holiday spending and strong foreign demand provided an early boost.
Before the Iran energy crisis and latest round of China-US trade talks, retail spending grew 2.8 per cent in January and February while fixed-asset investment increased 1.8 per cent
In the remote Western Australian town of Dardanup, accountant Natasha Earle and her family are feeling the financial pain of the U.S.-Israeli war with Iran. Their "once-in-a-lifetime" five-week trip to Europe — booked last May on Emirates and taking them to London, Paris, Berlin, Vienna and Rome — has been upended b…
US President Donald Trump warned that Nato faces a “very bad future” if allies fail to help the United States secure shipping lanes in the Strait of Hormuz, according to an interview with the Financial Times.