The Iran war’s most precious commodity isn’t oil
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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…
US claims temporary waiver won’t provide ‘significant financial benefit’ to Moscow; IDF strikes Lebanon after mass evacuation; Trump wants say in choosing Iran’s next leader. What we know on day seven
A currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, 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, Friday, March 6, 2026. (AP Photo/Ahn You…
Hyundai Capital said Thursday it has issued South Korea’s first publicly offered offshore yuan-denominated kimchi bond by a financial institution.
Iran’s semi-official Fars News Agency has reported that overnight attacks on Bahrain’s capital, Manama, targeted the Financial Harbour Towers commercial complex, the location of the Israeli embassy in the city.
Hiring sign is displayed in front of a restaurant in Chicago, Thursday, Feb. 5, 2026. (AP Photo/Nam Y. Huh)
Premier Li Qiang announces changes in spending priorities, aiming to boost consumption and livelihoods, but questions remain as to whether resources will match ambitions
A man aged 33 was indicted in detention for forging bank checks worth up to 5.9 billion won ($4.05 million) to flaunt his wealth and lure women, authorities said Friday.
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…
This is AI generated summarization, which may have errors. For context, always refer to the full article.
Auto news: These are Australia's safest roads.
Oil is the lifeblood of the global economy. (Reuters)
China has set its lowest growth target in decades, acknowledging domestic challenges and pointing to global uncertainty, while keeping some stimulus measures in place to counter a possible ramp up in external shocks.
Tax revenue is way below peer countries – and Beijing is pushing for change
The war in the Middle East has roiled oil and gas markets. Under a severe scenario, with more strikes on energy infrastructure, Bloomberg Economics estimates that crude could reach $108 a barrel, adding a significant boost to inflation and even pushing some European economies to the brink of recession.
Brandon Reynolds says stock is stuck in Melbourne. (Supplied: The Yoghurt Shop)
South Korea's stock market has swung wildly in recent days, underscoring how the world's best-performing equities market last year is turning into its most volatile one.
‘Stopgap measure’ designed to keep oil flowing into global market as Middle East crisis disrupts crude shipments
Running away from one life to start another is an old and universal act of desperation. And yet in Japan, what is called “jōhatsu” or “evaporating” became a trending topic as the booming bubble economy of the late 1980s gave way to the crash of the early ’90s.
The billionaire Lowy family has taken a significant stake in the funds management business Magellan, days after the financial group announced it was merging with its part-owned investment bank, Barrenjoey.
Beijing’s new five-year plan calls for digital economy to account for bigger share of GDP, backed by 28 major projects, 5G upgrades and data-focused industrial policy
Topic:Mining and Metals Industry
WHAT if the next financial crisis in your organization does not begin with fraud, but with poorly governed systems and unchecked automation?
South Korea recorded its fifth-largest monthly current account surplus in January, driven by a semiconductor upcycle and strong exports, central bank data showed Friday.
Auto news: These are Australia's safest roads.
South Korea's consumer prices rose 2 percent from a year earlier in February, unchanged from the previous month and precisely meeting the inflation target, government data showed Friday.
This is AI generated summarization, which may have errors. For context, always refer to the full article.
LOS ANGELES — How far is Mathieu Darche willing to go as a buyer in a trade market that, as of Thursday evening, appeared to be very much favoring sellers?
American betting sites Kalshi and Polymarket are surging in popularity by offering odds on just about every possible outcome in entertainment, sport and politics. At the time of writing, it’s possible to trade on whether the US government will soon announce that aliens do exist and who will be cast in the next Miami…
Higher integration would raise resilience of the mainland financial system while supporting yuan internationalisation, CPPCC members say
Lung cancer remains the leading cause of cancer deaths in the Philippines, claiming more than 20,000 lives each year. Yet there is still no dedicated benefit package that guarantees comprehensive financial protection from diagnosis to treatment.
Renewed fighting in the Middle East bodes ill for the global economy, but it is not yet enough to counterbalance other short-term factors
The Dow Jones Industrial Average briefly dropped more than 1,000 points after the price of oil spiked to its highest level since the summer of 2024.
The Miami real estate market can’t stop making headlines.
The Australian share market fell sharply with more than $100 billion wiped off the boards this week.
The Ceylon National Chamber of Industries (CNCI) is calling for a shift towards a resilience-based economic model to ensure sustainable 4-5% GDP growth in 2026, transitioning from crisis management to long-term structural strengthening, CNCI Chairman Pradeep Kahawalage in an exclusive interview told Daily News Busin…
The Securities and Exchange Commission of Sri Lanka (SEC) published a children’s storybook titled “Madura’s Bamboo Flute Dream” in all three languages, aimed at promoting financial literacy among secondary school students. This initiative forms part of the SEC’s ongoing efforts to enhance financial literacy and enco…
People inside Iran, most of whom cannot be identified, told the ABC they were hoping to see the regime fall. (Adobe Stock)
To capitalize on Sri Lanka’s rapid digital transformation, HP Inc. is strategically prioritizing AI integration and SME support as its primary catalysts for future market growth.
The year 2026 stands as a pivotal crossroads for the Sri Lankan economy. With the Central Bank maintaining an accommodative monetary policy while eyeing a 5% inflation target, the industrial sector faces a complex balancing act of expansion and fiscal discipline. The Ceylon National Chamber of Industries (CNCI) has …
Enhancing energy efficiency is an essential factor in strengthening the country’s economy and that it is not merely about limiting consumption but about making a distinctive contribution to the national development process.
Kashifi Sports Club cricket team, Nintavur beat Arabian Sports Club cricket team, Addalaichenai in the final to emerge champions and bagged the ‘Arabian Champion Trophy-2026’ in the nine-a-side limited overs cricket tournament conducted by Arabian Sports Club, Addalaichenai and sponsored by Dheen Hyper Market Pvt Lt…
Seylan Bank PLC has introduced an Online Interest and Part Payment Facility for Seylan Gold Loans and Pawning, allowing customers to conveniently settle interest expenses and make part expenditures digitally, anytime and anywhere.
Sri Lanka’s most Trusted and Innovative media services provider
David has been an ABC reporter since 2011, working across radio, television and online. During his time at the ABC he has filed for a wide variety of programmes including The Business, 7pm, AM, The World Today, PM, and RN Breakfast. You can hear David on afternoon Drive programmes, or see him explaining business and…
Lawmakers cite ‘consistent pattern’ in which Americans are being killed ‘without justice or accountability’
Topic:Financial Markets
Electronic signage is seen at Morgan Stanley headquarters on March 4, 2021, in New York. (AP Photo/Mark Lennihan, File)
Prediction market Kalshi has drawn outrage for refusing to pay out winnings on a $54 million trade related to the death of Iranian Supreme Leader Ayatollah Ali Khamenei.