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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.
Industry players say local travellers more cautious ahead of Easter holiday amid rising airfares and disrupted routes
Chinese tech stocks prove steadier than regional and US peers, as frenzy over OpenClaw shows a possible way forward, analysts say
Another weekend of violence compounded global market concerns over war in the Middle East, following US strikes on the vital oil hub
More than half of those surveyed said they trusted "finfluencers". Source: Getty / Cavan Images
While shielded by the national economy, the city needs to maintain an open, transparent market to deter abusive behaviour
The city must find an operation model that guarantees viable services without breaking the bank for island residents
Iran has announced a sharp increase in the national minimum wage as the country grapples with inflation and economic strain.
California will finally begin pumping offshore oil again near Santa Barbara — saving our state’s economy from catastrophe.
In April 2024, when the won’s exchange rate broke through the 1,400 mark against the dollar, the leader of the Democratic Party of Korea at the time warned that a serious crisis was becoming reality and called an emergency meeting to press the government to respond. The message was unmistakable. A weakening currency…
Senior Professor Hareendra Dissabandara, Chairman of the Securities and Exchange Commission of Sri Lanka, emphasized the importance of a robust regulatory framework and long-term market development while addressing the Second National Capital Markets Symposium organized by the Bar Association of Sri Lanka.
Chairman of New Energy Vehicle (NEV) Importers Association Mahinda Herath told the Daily News that the use of electric vehicles (EVs) in Sri Lanka is steadily increasing, reflecting a growing shift towards cleaner and more cost-efficient transportation. Industry data shows that EVs accounted for around 10 percent of…
The escalating conflict involving Iran in the Middle East is reverberating across global shipping lanes, triggering higher freight rates, rising insurance costs and growing uncertainty across international supply chains. For Sri Lanka, an island nation whose economy is closely tied to maritime trade, the crisis has …
HNB PLC, a leading private bank in Sri Lanka, has been honoured with three distinguished accolades at the Effie Awards Sri Lanka 2026, reaffirming its position as a leader in creative, effective, and impactful marketing campaigns.
In a historic achievement that places Sri Lanka on the global banking map, Bank of Ceylon (BOC) the most valuable brand in Sri Lanka has been recognised as the only Sri Lankan bank ranked among the World’s Top 500 Banking Brands in 2026 by the internationally renowned brand valuation consultancy Brand Finance.
Browns EV launched the fast-charging BAW E7 Pro electric vehicle to the Sri Lankan market recently.
Index of Industrial Production (IIP) increased by 4.4 per cent in January 2026 to 99.3 compared to January 2025, mainly contributed by the increases reported in the manufacture of Food products (10.6 per cent), wearing apparels (12.5 per cent) and other non-metallic mineral products (3.6 per cent), the Weekly Econom…
The office market rebounded from a slight February down-tick with a batch of jumbo deals in the first half of March.
The war with Iran is affecting petrol prices and inflation will be next. (ABC News: John Gunn)
There is little sign of imminent regime change in Iran as its blockade of strait of Hormuz shocks global economy
Wall Street’s losses deepened as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy.
Fossil fuel financial support from the Australian government has been left out of its progress report on addressing biodiversity decline. (ABC News: Margaret Burin)
March 16, 2026 — 5:00am
A trifecta of uncertainty — from the Iran war to AI disruption to private credit — is crushing financial stocks this year. While shares of Goldman Sachs and Wells Fargo have been caught up in the downdraft, their businesses should be largely insulated from these headwinds. Nevertheless, Club stocks Goldman Sachs and…
Discussions expected to focus on trade, investment and rare earths ahead of crucial Xi-Trump summit later this month in Beijing
A tiny house without even a single bedroom just hit the market for $330,000 on Long Island — but it’s less of a bargain and more of a dismal benchmark, according to locals and experts.
THE escalating conflict in the Middle East may be thousands of kilometers away from Manila, but its consequences are already being felt by Filipinos through rising fuel prices, economic uncertainty and anxiety for loved ones working abroad.
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Ali and Waad Bani Odeh’s four children were showing off the new clothes they had just bought for the upcoming Eid celebrations as their parents drove home from Nablus in the northern West Bank to their house in the town of Tammun, south of Tubas.
Mother, father and brothers aged five and seven shot in the head as they returned from Ramadan shopping trip
The Federal Reserve's latest interest rate decision, a batch of economic data, and several notable earnings reports are all on the docket this week. However, the biggest event for Wall Street will arguably be out in California, as Nvidia holds its influential AI technology conference. Well, that is what we would usu…
U.S. political strategist James Carville famously said he would like to be reincarnated as the bond market because "you can intimidate everyone." So when bond yields start signaling a problem, the whole market listens.
Israeli forces have killed a Palestinian couple and two of their children as they drove in the occupied West Bank, according to the Palestinian health authorities, with the Israeli military saying the incident is under review.
The country’s 900 billionaires have far too much influence over our government and economy. Here’s how we can reduce the power of the ultra-rich
The Bank of Korea said a supplementary budget being discussed to cushion the economic fallout from the war in the Middle East is unlikely to significantly fan inflation, even as oil-driven cost pressures build.
Discussions expected to focus on trade, investment and rare earths ahead of US President Donald Trump’s visit to China later this month
Using old engines to provide energy for data centres runs counter to climate commitments, but the proven technology is easier to scale than green energy
RAMALLAH, West Bank (AP) — Israeli soldiers fired on a car carrying a family in the northern West Bank, killing four people including two children, the Palestinian Authority’s Health Ministry said.
Former World Bank principal planner Alain Bertaud warns that Melbourne’s green wedges and tight planning controls have turned it into a “starfish” city with growth radiating outwards.
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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…
Christopher Hui pledges to keep markets operating smoothly amid energy price shocks caused by US-Israel war against Iran
Samsung Electronics said Sunday it has retained its position as the world’s top soundbar brand for the 12th consecutive year.
Residents and visitors are spoiled for choice in the last two weeks of Hong Kong arts month, with ComplexCon and HKwalls among the city’s offerings
MANILA, Philippines — Ride-hailing and motorcycle taxi platforms Grab Philippines and Move It announced the rollout of a financial support package for their driver-partners as soaring fuel prices threaten the livelihood of transport workers who depend on the platforms for daily income.