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Newest first · UTC+11:00Inside India newsletter: How the war in the Middle East is set to determine India's trade route to Europe
This report is from this week's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here.
· Priyanka Salve
Cuban youth seek help as cheap, synthetic drugs flood streets
Cuba is grappling with a fast-growing wave of synthetic drug use that is hitting young people hard. (AP Video by Ariel Fernández and Milexsy Durán)
· Andrea Rodr Guez
Epstein's longtime accountant testifies on his wealth and business ties
WASHINGTON (AP) — House lawmakers were digging into Jeffrey Epstein's sprawling financial portfolio on Wednesday as a committee deposed his former accountant and tried to understand his connections to some of the world's wealthiest men.
· Yonhap
Epstein's longtime accountant testifies on his wealth and business ties
WASHINGTON, D.C. — House lawmakers were digging into Jeffrey Epstein's sprawling financial portfolio on Wednesday as a committee deposed his former accountant and tried to understand his connections to some of the world's wealthiest men.
· Associated Press
Brent crude oil tops $100 a barrel as Iran attacks shipping
BANGKOK (AP) — The price of a barrel of Brent crude oil, the international standard, topped $100 a barrel early Thursday, just days after it spiked near $120 in the latest jolts to financial markets and the global economy as a whole.
· Elaine Kurtenbach
BlackRock CEO Larry Fink says Iran war will not derail economy despite surging gas prices
BlackRock Chairman and CEO Larry Fink insisted the United States’ war with Iran will not have lasting economic consequences, even as oil prices continue to surge nationwide.
· Fox News
China’s five-year jet goals target C919 output, a new engine and reduced reliance
Amid geopolitical risks and supply-chain disruptions, Beijing is looking to shore up self-sufficiency in aircraft components, and an analyst says it has its work cut out
· Frank Chen
Iran threatens prolonged war as Trump says it is near defeat
TEHRAN, Iran — Iran warned it could wage a prolonged war with the United States and Israel that would "destroy" the world economy, even as US President Donald Trump said late Wednesday the Islamic republic was facing imminent defeat.
· Agence France-Presse
Cebuana Lhuillier earns top Gold and Silver wins at the Asia-Pacific Stevie Awards
CEBUANA Lhuillier earned multiple Gold and Silver honors at the 13th annual Asia-Pacific Stevie Awards, highlighting the company’s purpose-led innovations in financial inclusion, literacy and consumer engagement under the leadership of President and CEO Jean Henri Lhuillier.
· The Manila Times
Deeper oil crisis could add full percentage point to inflation, Treasury warns
Topic:Federal Government
· Tom Crowley
How does China plan to dominate the global humanoid robot market? | South China Morning Post
Beijing is investing heavily in research and development for humanoid robots, with the vision of having them take over human tasks at work and at home.
‘Cyber confession room’ where China youth share struggles like financial problems gains traction
Young people shun sharing feelings, fears with family or friends, turn to virtual spaces, which experts warn could erode real human contact
· Zoey Zhang
Iran threatens prolonged war as Trump says it is near defeat
TEHRAN, Iran — Iran warned it could wage a prolonged war with the United States and Israel that would "destroy" the world economy, even as US President Donald Trump said late Wednesday the Islamic republic was facing imminent defeat.
· Agence France-Presse
Trump says war with Iran will end 'soon' as 'practically nothing left to target': Axios
US President Donald Trump said Wednesday that the war with Iran will end "soon" as there is "practically nothing left to target," according to a news report, as concerns continue over the impact of the conflict on oil prices and the global economy.
· Yonhap
Raising MPF contribution levels a tricky but necessary step for Hong Kong
Increasing the amount workers and employers contribute is likely warranted, but there is room for dialogue on how large the increase should be
· SCMP Editorial
How China turbocharged its industrial policy – and remade the global economy
China’s tighter embrace of industrial policy in recent years has transformed its economy – and other countries are following suit
· Sylvia Ma
Ecuador prepares for attack on ‘criminal economy’ with Trump backing
The government of Ecuador has announced that, starting this weekend, it is prepared to launch a sweeping military offensive against criminal networks in the country, with the support of the United States.
· Al Jazeera Staff
Target cuts prices on 3,000 items ‘across apparel, essentials and home,’ as inflation remains above Fed target
As the U.S. enters its fifth year of inflation running above the Federal Reserve’s 2% target, major retailers are responding to softer demand and increased competitive pressure.
· Fox Business
How major US stock indexes fared Wednesday 3/11/2026
Most U.S. stocks fell, but the market remained calm, even as the price of oil got back to rising.
· The Associated Press
Sri Lanka completes National Risk Assessment on money laundering and terrorist financing - DailyNews
Sri Lanka has completed its third National Risk Assessment (NRA) for 2024/25 on money laundering, terrorist financing and proliferation financing, providing a comprehensive evaluation of the country’s exposure to financial crimes and emerging threats.
· Gayan Abeykoon
Why building a competitive Sri Lanka starts with investing in human capital - DailyNews
According to the World Bank, an estimated 1.2 billion young people in emerging markets will reach working age over the next 10-15 years. However, the same emerging economies, including ours, are projected to only generate 400 million jobs. Creating a vacuum in the labour force for 800 million people worldwide. Whils…
· Gayan Abeykoon
Government to replace Information and Communication Technology Agency with ‘GovTech’ Institution - DailyNews
The government has decided to establish a ‘GovTech’ institution to replace the Information and Communication Technology Agency (ICTA) operating under the Ministry of Digital Economy to provide a more efficient digital technology service.
· Gayan Abeykoon
SriLankan Airlines enhances Australia connectivity with 14 weekly flights - DailyNews
SriLankan Airlines is set to increase its weekly service between Colombo and Melbourne to ten flights, effective from August 2, with the addition of three more scheduled flights in response to growing demand and evolving market dynamics.
· Gayan Abeykoon
Model once bullied for her looks is now laughing all the way to the bank because of them: ‘I didn’t feel beautiful’
She’s laughing all the way to the bank.
· Fabiana Buontempo
Ditwah damage delays Court proceedings in Central Province - DailyNews
It has been four months since Cyclone Ditwah struck Sri Lanka. The World Bank estimated the direct damage at around USD 4.1 billion. The Central Province was among the worst affected regions, with damage in the Kandy District alone estimated at USD 689 million, mainly due to flooding and, to a lesser extent, landsli…
· Gayan Abeykoon
People’s Bank conducts literacy programme for entrepreneurs - DailyNews
People’s Bank recently organised a special programme for entrepreneurs in the Mirigama Divisional Secretariat area under its Entrepreneurial Villages initiative, aimed at enhancing financial literacy and strengthening business sustainability among Micro, Small and Medium Enterprises (MSMEs).
· Gayan Abeykoon
Shares - Colombo Stock Exchange ( Market Statistics on 11.03.2026 ) - DailyNews
Sri Lanka’s most Trusted and Innovative media services provider
· Gayan Abeykoon
Fuel fund to minimize adverse effect on local consumers - DailyNews
Prof. Priyanga Dunusinghe of the Department of Economics at the University of Colombo said that it is time to resort to methods such as establishing a fuel fund with the aim of minimising the adverse effects on local consumers and producers due to the sharp increase and decrease in fuel prices in the world market.
· Gayan Abeykoon
Golden Dome project puts additional burden on US - DailyNews
The Pentagon’s push to militarise outer space through the ambitious Golden Dome missile-defence project is already creating financial shockwaves across the United States and its North Atlantic Treaty Organisation (NATO) allies. Announced for completion by 2028, the programme carries an initial price tag of $175 bill…
· Gayan Abeykoon
Iran warns of long war that would 'destroy' world economy
Iran warned Wednesday it was ready for a long war of attrition that would "destroy" the world economy, after firing on two commercial ships and threatening vessels transiting through the Strait of Hormuz.
· Agence France-Presse
McDonald’s will soon offer value meals for $3 or less: What you can get for a deal
McDonald’s is planning to offer cheap menu items going for $3 or less in a bid to win back low-income customers feeling the sting of inflation, sources told The Post.
· Lisa Fickenscher
Epstein accountant tells House committee pedophile had five paying clients for financial services: Comer
One of the co-executors of Jeffrey Epstein’s estate testified before a congressional panel on Wednesday that the deceased sex criminal had at least five wealthy clients that paid him for various financial services.
· Josh Christenson
Ultra-luxe country club scandal erupts amid wealthy couple’s toxic divorce
The glitz and glamour of a once-prestigious California country club has been overshadowed by a bitter divorce that has left the property in legal and financial limbo.
· Zain Khan
IEA to release one-third of total oil reserve stock to combat energy crisis
The International Energy Agency (IEA) said on Wednesday that its member countries agreed to unlock 400 million barrels of oil from their reserves, as the US-Israeli war on Iran cut off supplies from the Gulf.
· Middleeasteye
Why Middle East crisis matters to PH economy — and how insurance can cushion the blow
WHEN people hear “Middle East crisis,” they think geopolitics. Insurers think in transmission lines: oil, shipping, credit and household cash flow. For an oil-importing, trade-dependent Philippines, a distant conflict can raise costs at home within days.
· Michael F. Rellosa
‘I took two bites and had to spit it out’: candy makers are phasing out real cocoa in chocolate
Due to the volatile cocoa market, companies like Hershey are using replacement ingredients such as sugar, oil, milk and nuts
· Aimee Levitt
As Iran war hits trade hubs, China’s logistics firms rush for alternatives
Disrupted Middle East transit routes squeeze sector, pushing freight costs higher and pressuring supply chains
· Mia Nurmamat
Taiwan’s Mayday invites fans angered by axed Hong Kong show to free rehearsal
Concert scheduled for March 24 was cancelled and another show added on March 29, prompting wave of complaints
· Danny Mok
Oracle stock spikes 12% as strong Q3 earnings answer Wall Street AI buildout concerns
Oracle shares rose 12% Wednesday after the company posted robust third-quarter earnings and assured analysts that the company does not plan to raise any additional debt in 2026 beyond what was already announced.
· Lola Murti
Inflation held steady in February — though Iran war could reheat prices
Inflation held steady in February ahead of the war in Iran, though economists are concerned that energy shocks from the conflict could ripple across the economy – complicating the Fed’s path to interest rate cuts.
· Taylor Herzlich
US energy chief’s deleted Hormuz X post called market manipulation
Keep independent journalism alive
· Jake Johnson
Consumer prices rose 2.4% annually in February, as expected
Prices consumers pay for a broad range of goods and services rose in line with expectations for February, offering a final look at inflation pressures before an oil shock tied to the Iran war rattled the outlook.
· Jeff Cox
Iran’s data centre attacks in the Gulf are strikes on confidence
AI data centres, financial hubs and tourism are not peripheral to the Gulf’s growth; they are central to both opportunity and vulnerability
· Islam Alhalawany
Nebius stock pops 14% on Nvidia $2 billion investment announcement
Shares of Nebius Group popped 14% on Wednesday after Nvidia announced it would invest $2 billion in the artificial intelligence cloud company.
· Ashley Capoot
Turkish arms subsidiary rebrands after sales to Israel sparks Iran war backlash
When the Turkish arms company Repkon announced that it was entering the US market in late 2024, the move was hailed by both the Turkish government and the defence industry.
· Middleeasteye
Iran says will hit economic targets in the region
Iran's military on Wednesday vowed to strike US and Israeli banks and economic centres in the region, after overnight attacks hit a bank in Tehran.
· Middleeasteye
Demand for AI talent in China outpaces job postings in other ‘new-economy’ sectors
AI-related positions accounted for more than a quarter of new-economy job listings in the first two months of the year, report says
· He Huifeng
Iran declares US-Israeli economic, banking interests in region are targets
Iran’s Islamic Revolutionary Guard Corps (IRGC) has threatened to attack “economic centres and banks” related to United States and Israeli entities in the region after what it called an attack on an Iranian bank, with the war in its 12th day.
· Al Jazeera Staff
Russia Backs Disinfo Campaign to Aid Orbán’s Re-Election Bid – FT
The Kremlin has approved a plan to support Hungarian Prime Minister Viktor Orbán’s ruling Fidesz party through a covert social media campaign ahead of Hungary’s elections next month, the Financial Times reported Wednesday, citing people familiar with the matter.
· The Moscow Times