Hong Kong inflation risks grow as war in Middle East escalates, experts warn
Residents may face higher energy and dining costs as analysts stress the city cannot remain immune to surging oil prices
· Kevin Li
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Newest first · UTC+11:00Could this be the 'ultimate constraint' for Trump amid war with Iran?
When under pressure on inflation, tariffs, immigration and even the Jeffrey Epstein case, the Trump administration has pointed to the success of the financial markets.But Donald Trump's biggest move of his presidency, the war with Iran, has seen a sharp drop in shares globally.And there's no end in sight for the mar…
· Nick Pearson
Mamdani wants to give you ‘free’ 2-K in the worst way
City Hall says Gov. Kathy Hochul is sending Mayor Zohran Mamdani “$73 million to fund the first set of free 2-K seats,” 2,000 spots in four neighborhoods — or $36,500 per “free” seat, which is half again the $24,000 market rate for day care (which is all 2-K even pretends to be) for such tots.
· Post Editorial Board
NFL QB market offers Jets plenty of uninspiring options — and how Frank Reich could factor in
This is the first in a two-part series examining the Jets’ options at quarterback. The first part is a look at the veterans expected to be available via trade or in free agency. The second part will be a look at the NFL draft.
· Brian Costello
China’s Two Sessions: what are the meetings and why do they matter?
Annual political gathering kicks off this week in Beijing with the economy, technology and the military high on the agenda
· Amy Hawkins
Ex-Long Island PTA veep accused of stealing over $10K from association’s bank account to fund lifestyle: DA
A former Long Island PTA bigwig allegedly stole more than $10,000 in funds from the association’s coffers to finance her own personal shopping sprees, authorities said.
· Zoe Hussain
China should up education spending to help population adapt to AI era: economist
Prominent Chinese economist says it is imperative to ensure the next generation can withstand the changes being driven by AI
· Luna Sun
US investors drive record outlay in Taiwan’s equities market on the back of AI boom
US investors currently hold about 23 per cent of the Taiwan Stock Exchange’s total market capitalisation
· Peggy Ye
How major US stock indexes fared Tuesday, 3/3/2026
A sell-off for stocks wrapped around the world and hit Wall Street, while oil prices climbed even higher on worries about the widening war with Iran.
· The Associated Press
Ex-Goldman CEO Lloyd Blankfein sounds alarm on private credit — warning it ‘smells’ like 2008
Former Goldman Sachs CEO Lloyd Blankfein has warned that the growing private credit market could lead to a financial crisis similar to the one in 2008, potentially affecting retail investors and the broader economy.
· James Franey
Australian share market is likely to tumble as Middle East war intensifies
Topic:Financial Markets
· David Chau
Bengals make franchise tag decision on Trey Hendrickson
A top pass rusher is hitting the open market.
· Justin Tasch
Time to think for contingency plan, strategic investments - DailyNews
Sri Lanka, as a country on the path to economic recovery, is facing various headwinds that apply brakes on its growth trajectory. Things are well beyond her control, whatever anyone might say. Cyclone Ditwah, which made landfall on November 27 last year, caused extensive damage to lives and property. The infrastruct…
· Gayan Abeykoon
Joint action plan to manage crisis - President - DailyNews
Central Bank to present report on economy SLBFE, Foreign Ministry to address issues Rs.30 Bn on developing energy infrastructure Full State machinery to manage situation
· Gayan Abeykoon
Swedish culinary icons partner to produce spices for Swedish market - DailyNews
Renowned Swedish Master Chef and celebrated television personality Per Morberg, together with famous Swedish Master Baker Martin, visited Sri Lanka on a special culinary and trade mission aimed at strengthening ties between Sri Lanka and the Nordic region.
· Gayan Abeykoon
Rufus Wainwright will relist his wonderfully colorful Los Angeles home for $2.3M
Montreal-born singer Rufus Wainwright is putting his colorful storybook home in LA’s Laurel Canyon back on the market, Gimme Shelter has learned.
· Jennifer Gould
Why thoughtful education reform is vital for Sri Lanka’s future - DailyNews
Education lies at the heart of national development. It fuels economic growth, strengthens social unity, and supports good governance by developing a skilled and informed population. A strong education system boosts productivity, reduces poverty, improves health, fosters innovation, and empowers citizens overall. Ab…
· Gayan Abeykoon
‘Atlas SipSavi Naththal Poronduwa’ concludes with positive public articipation - DailyNews
Atlas, Sri Lanka’s No. 1 learning brand, concluded Atlas ‘SipSavi Naththal Poronduwa’, a national initiative that saw strong public participation in supporting children at risk of dropping out of school due to financial hardship.
· Gayan Abeykoon
DFCC Bank receives YouTube Silver Play Button Award - DailyNews
DFCC Bank continues to advance its digital leadership journey with the steady growth of its official presence on YouTube, reflecting a deepening of customer engagement and an expansion of financial education outreach across Sri Lanka.
· Gayan Abeykoon
HNB unveils refurbished Club HNB to enhance private banking proposition - DailyNews
HNB PLC has announced the reopening of its refurbished Club HNB Centre on February 20, further strengthening its highest-tier Private Banking proposition. The reopening marks a significant enhancement to the Bank’s exclusive service environment designed for its most valued clientele.
· Gayan Abeykoon
Seylan Bank achieves milestone under ‘Atha Hitha’ loan programme - DailyNews
Seylan Bank PLC has achieved a significant milestone under the Seylan ‘Atha Hitha’ loan programme, a government-funded initiative introduced to re-energise Sri Lanka’s micro, small and medium-scale enterprise (MSME) sector in line with the national economic recovery strategy.
· Gayan Abeykoon
Shares - Colombo Stock Exchange ( Market Statistics on 03.03.2026 ) - DailyNews
Sri Lanka’s most Trusted and Innovative media services provider
· Gayan Abeykoon
CBSL releases key findings of Systemic Risk Survey for H1 2026 - DailyNews
The Central Bank of Sri Lanka (CBSL) has released the key findings of its latest Systemic Risk Survey (SRS) for the first half of 2026, providing insights into market participants’ perceptions of risks and confidence in the country’s financial system.
· Gayan Abeykoon
'War of choice': Even if he wins against Iran, will Donald Trump lose?
Numerous US polls in the past few months point to voters seeking Donald Trump to focus on issues like the economy and the cost of living. Credit: Leon Wang/AAP
· Sbsaustralia
Woman slapped with $6000 fine for hosting 'tiny' swap meet
Auto news: Public electric car charging cables cut and stolen at shopping centre
· Maddison Leach
ASX set to fall sharply as global markets tumble; Oil prices surge
A selloff for stocks is slamming into Wall Street after wrapping around the world, as oil prices leap even higher with worries that the widening war with Iran may do more sustained damage to the economy than feared.
· Stan Choe
Energy prices soar as stock and bond markets consider long Middle East war
The US stock market plunged, bonds sold off, and energy prices continued to soar on Tuesday, in a sign that markets are increasingly alarmed by the escalating war on Iran after an earlier muted reaction.
· Middleeasteye
War on Iran could push PH inflation to near 4%
AN escalation of the conflict in the Middle East could push Philippine inflation toward 4 percent in the coming months, an analyst said.
· Niña Myka Pauline Arceo, Giselle P. Jordan, Ed Paolo Salting
A double-digit dash or dare?
KOTA KINABALU — Let’s talk briefly about our emerging neighbor: Vietnam. Few countries in contemporary Southeast Asia embody developmental ambition as vividly as Vietnam. Following its 14th Party Congress, the country has set itself an extraordinarily ambitious target: sustaining annual economic growth of more than …
· Ei Sun Oh
Can AI do 40% of your job? Block’s Jack Dorsey thinks so
Jack Dorsey to cut 4,000 workers at Block amid AI advances – but specters such as weak crypto market haunt company
· Blake Montgomery
As an AI-Native Phone Pioneer, nubia Reshapes the Paradigm of Human-Device Interaction at MWC Barcelona 2026
BARCELONA, Spain, March 3, 2026 /PRNewswire/ -- ZTE Corporation, a global leading provider of integrated information and communication technology solutions, showcased its expanded portfolio of AI devices designed for a new era of interaction at MWC Barcelona 2026. Taking center stage were two groundbreaking innovati…
· PRNEWSWIRE
Here’s why Gen Z and Millennials disappeared from the housing market in 2025
The US housing supply gap widened to 4.03 million units as new construction faltered last year, fueling a vicious cycle of displacement that has essentially erased an entire generation from the market.
· Realtor.com
Not just oil: Iran war disrupts China’s imports of key industrial material
The closure of the Strait of Hormuz is choking off China’s imports of methanol – a vital input for the country’s industrial sector
· Kandy Wong
Will There Be an ‘Industry’ Season 5?
With this weekend’s Season 4 finale of HBO’s hit financial drama series Industry, fans may be pining for more and wondering whether the cliffhanger conclusion wherein one of the main characters turns into Ghislaine Maxwell (figuratively, not literally) marks the end of the show’s run. So…
· Isabella Albaig
Israel hacked Tehran cameras before Khamenei assassination – FT
Israeli intelligence hacked nearly all of Tehran’s traffic cameras to prepare the assassination of Iranian Supreme Leader Ayatollah Ali Khamenei, the Financial Times has reported, citing sources.
· RT
‘A viable alternative’: UN rapporteur outlines plan for redistributive global economy
Olivier De Schutter says ‘frivolous and destructive demands’ of ultra-rich restrict fight against inequality
· Matthewtaylor
As US-Iran war threatens global energy markets, will China speed up its green transition?
Beijing is still dependent on fossil fuels but Washington’s recent interventions may prompt officials to fast-track shift, analysts say
· Xinyi Wu
Hong Kong convention centre to host more medical, tech, finance, education events
Events linked to these four sectors will account for 43 per cent of activities held this year, venue’s managing director says
· Wynna Wong
Inflation to hit eurozone as war in the Middle East disrupts energy flows
In the Middle East energy exports to Europe have been disrupted by the conflict between the US, Israel and Iran that has spilled into surrounding regions. Economic experts are predicting a spike in inflation.
· AFP
Russian Central Bank Challenges EU’s Indefinite Asset Freeze in European Court
Russia’s Central Bank said Tuesday that it filed a lawsuit in one of the European Union’s two main courts to challenge the bloc’s decision to freeze Russian state assets indefinitely.
· The Moscow Times
Will Apple’s budget-priced iPhone 17e make a splash in China’s tough smartphone market?
Presales for the new entry-level iPhone start on Wednesday, with a wide release set for March 11
· Coco Feng
Investor Relations | South China Morning Post
Hong Kong stocks rise to wrap up best lunar-year performance in eight yearsAs market closes for Lunar New Year, benchmark hits 32 per cent gain since the Year of the Snake began in January 2025.
How US-Israeli strikes on Iran are sending shock waves through global energy markets | South China Morning Post
As the Strait of Hormuz faces a de facto closure, Asia braces for inflation and a mounting energy supply crunch.
HSBC chairman floats ‘IPO connect’ for Hong Kong, Shenzhen ahead of China’s ‘two sessions’
Modelled on Stock Connect, the proposal would give investors in the Greater Bay Area cross-border access to new share listings
· Julie Zhang
Iran war threatens UK economic forecasts, warns British Treasury chief
Britain’s Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street for the House of Commons in London, Wednesday, Feb. 4, 2026. (AP Photo/Alastair Grant)
· Pan Pylas
Global stock markets slump amid Iran war as gas and oil prices rise
FTSE 100 on track for its worst day in 11 months, while Japan’s Nikkei and South Korea’s Kospi also fall
· Juliakollewe, Graemewearden
Global stock markets tumble as Middle East war ignites inflation fears
Germany's share market has dived 3 per cent. (Reuters: Daniel Munoz)
· David Taylor
uCloudlink Unlocks Multi-Billion Blue Ocean at MWC 2026: Mining New Revenue Frontiers through Global Connectivity, IoT, and Pet Tech
BARCELONA, Spain, March 3, 2026 /PRNewswire/ -- uCloudlink Group Inc. (NASDAQ: UCL), the world's leading mobile data traffic sharing marketplace, today unveiled its strategic roadmap at Mobile World Congress (MWC) 2026, focusing on unlocking significant market opportunities through its unique terminal-side advantage…
· PRNEWSWIRE
‘Change typhoon intensity and path’: China team mulls hitting cyclones with space beam
Scientist Duan Baoyan says the Zhuri project could also act as a ‘space-based power bank’ to charge satellites and other facilities
· Ling Xin
How the US ceded the robotics economy to China
Chinese gains in robotics show that nations wishing to compete must go beyond financial engineering to master their physical realities
· Jianlu Bi