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Propelled by strategic R&D, China’s tech prowess is now the third highest, with key sectors such as batteries and biotech showing big gains over rivals
Court orders money-grabbing divorcee who took accumulated New Year gift money held in son’s bank account to pay back full amount
SEOUL, Feb. 26 (Yonhap) -- South Korea's central bank kept its benchmark interest rate steady Thursday, citing stronger-than-expected growth momentum, as it sought to safeguard financial stability amid a weak local currency and an unstable housing market.
SEOUL, Feb. 26 (Yonhap) -- Foreign Minister Cho Hyun has stressed South Korea's possible winning of Canada's major submarine procurement project will greatly contribute to Canada's economy during a meeting with his Canadian counterpart in Ottawa, Seoul's foreign ministry said Thursday.
Runaway gold: why even Wall Street can’t keep up with the metal’s record ascentSome Chinese funds halt subscriptions as uncertainty fuels volatility in the metals market, while Hong Kong’s first gold exchange-traded fund surges on its debut.
U.S. President Donald Trump will sign a directive in the coming days raising his global tariff to 15% "where appropriate” and is seeking "continuity” with nations that struck trade deals, U.S. Trade Representative Jamieson Greer said.
Aldi has announced its second wage increase for floor staff since the new year, as it vies to increase its market share in the UK.
This year’s budget and clear adoption of national goals show Hong Kong government playing a greater role in the economy
WASHINGTON (AP) — A “buoyant’’ U.S. economy is poised to see accelerated growth and lower unemployment this year. But big federal budget debts ”represent a growing stability risk,’' the International Monetary Fund said Wednesday.
Topic:Monetary Policy
The city’s improving economy and public finances have enabled a raft of tax allowances and concessions, but a volatile global environment means sustaining fiscal discipline remains critical
A 13-page report from FTI Consulting is providing some insight on how the U.S. government has rewritten the rules for critical minerals.
Heading into NVDA's earnings, we said that all else equal, the bare minimum for the stock - which has underperformed peers rather dramatically in recent months - to outperform, was to (solidly) beat expectations of another 2+2 quarter, i.e., beat the guide by $2BN and beat Street expectations for the April quarter g…
South Africa's debt burden is stabilising for the first time in nearly two decades, Finance Minister Enoch Godongwana announced Wednesday, as Africa's most developed economy shows cautious signs of recovery and pledges increased spending on security.
U.S. stocks rose and erased their losses for the week so far, as Nvidia and other technology companies led the way.
Jerusalem Border Police and IDF troops detained terrorists in the Aqabat Jaber refugee camp in the West Bank in a joint operation on Wednesday, an Israel Police spokesperson said in a statement.
Atlanta Falcons quarterback Kirk Cousins (18) walks off the field after an NFL football game against the New Orleans Saints, Sunday, Jan. 4, 2026, in Atlanta. (AP Photo/Danny Karnik, File)
On the day households found out their energy bills would fall in April, the Chancellor chose to go to the headquarters of the company that has quietly become the UK's biggest domestic energy supplier, Octopus.
Iran is loading almost three times the amount of oil it normally does onto tankers in the Persian Gulf in a sign it is anticipating a US attack that could prevent its oil from hitting the market.
Earlier this month, US President Donald Trump’s administration drew a flurry of condemnations for its decision to repeal the Environmental Protection Agency’s “endangerment finding”: a formal, evidence-based acknowledgement that greenhouse-gas emissions pose a threat to public health. Although the change may seem mi…
Wall Street is extending its tech-led rally ahead of Nvidia results that are due to be released after the US market closes.
Topic:Government and Politics
The units of the “CAL Three Year Closed End Fund” were officially listed on the Colombo Stock Exchange (CSE) recently. Accordingly, a total of 841,263,375 units of the ‘CAL Three Year Closed End Fund’ were listed by Capital Alliance Investments Ltd (CALI), a member of the Capital Alliance Ltd Group (CAL Group). The …
National Development Bank PLC (NDB) announced its results for the financial year ended December 31, 2025 to the Colombo Stock Exchange recently. Full year results tabled by the Bank showcase a strong growth across all business lines with Net Banking Revenue increasing by a 45.2% on a comparable basis. Like most othe…
Growth and stability are synonymous with each other. Stable and consistent macroeconomic policies empower clearer decision making, investments and growth. Thereby enhancing the overall welfare of the society. This happens because stability provides reliability in decision making to economic agents (government, banks…
The logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange, April 23, 2018. (AP Photo/Richard Drew, File)
Days after the firm announced that they were scrapping DEI requirements for new board members, and six years after the death of George Floyd that ushered in institutionalized virtue-signaling, the bank's head of DEI is leaving.
Bridgette Buckley says she was lucky to secure an apartment with a friend in Brisbane's hot rental market. (ABC News: Nickoles Coleman)
Sri Lanka’s most Trusted and Innovative media services provider
The Government plans to introduce digital systems for agriculture, health, transport, education, and child protection, Digital Economy Deputy Minister Eranga Weeraratne said.
Opposition Leader Sajith Premadasa has demanded a Parliamentary Select Committee (PSC) led by the Opposition to carry out an independent, impartial investigation into the coal procurement process. He said that the recent imports are of inferior quality and have caused massive financial losses to the State.
Smithfield Foods’ century-old pork processing facility in Sioux Falls, S.D. in June 2022. (Bart Pfankuch/South Dakota News Watch via AP)
Young Australians like Patricia Nicula are facing an entry-level housing market that has steadily increased in price since the COVID-19 pandemic. Source: SBS, Supplied
It's not just Trump who is stacking his central bank with uberdoves.
President Donald Trump delivers the State of the Union address to a joint session of Congress in the House chamber at the U.S. Capitol in Washington, Tuesday, Feb. 24, 2026. (Kenny Holston/The New York Times via AP, Pool)
Hamas and the Palestinian Authority (PA) have condemned an announcement by the United States that it will offer consular services at a settlement in the Israeli-occupied West Bank.
Nvidia is helping to lead a split US stock market higher on Wednesday, ahead of the chip company’s highly anticipated profit report coming after trading ends for the day.
NEW YORK — Nvidia is helping to lead the US stock market higher on Wednesday, ahead of the chip company's highly anticipated profit report coming after trading ends for the day.
Commuters drive past Saint Sarkis church and a mural of the late Iranian revolutionary founder Ayatollah Khomeini in downtown Tehran, Iran, Wednesday, Feb. 25, 2026. (AP Photo/Vahid Salemi)
A drastic proposal to merge inner-city municipalities into a single mega-council has been floated as a “last resort” option as mayors entertain redrawing boundaries to cope with crushing financial pressures.
Israel welcomes move described by Palestinian Authority as undermining possibility of an independent state
Paul Chan has proposed transferring HK$150 billion from the Exchange Fund in the coming two years
State prosecutors on Wednesday filed an indictment at Jerusalem District Court against Israel Harpaz, 19, of Ma’alot-Tarshiha, accusing him of taking part in an organized, racially motivated riot that included assaults, arson, and widespread property damage in the Palestinian village of Jaba, allegedly carried out i…
STATE-OWNED Land Bank of the Philippines (LandBank) and the Development Bank of the Philippines (DBP) are preparing to return to the capital markets later this year to support lending programs and projects, top officials said.
THE Bangko Sentral ng Pilipinas (BSP) wants banks and other financial institutions to conduct annual cybersecurity assessments to improve the financial system’s defenses against digital threats.
THE Securities and Exchange Commission (SEC) on Feb. 24 issued two notices that would encourage more companies to list on the Philippine stock market, as well as develop the country’s Islamic capital market.
QUEZON City 1st District Rep. Juan Carlos Atayde urged his fellow lawmakers to approve his bill that would institutionalize film and television tourism as a national economic strategy.
ILOILO CITY — The Philippine government will advocate for a stronger Digital Economy Framework Agreement among member-states of the Association of Southeast Asian Nations (Asean) as it advances the bloc’s economic agenda under its current chairmanship.
Oil prices are sliding this morning following as an over-supplied market (API reported a huge 11.4mm barrel build last week) beats the geopolitical risk premia (with the US poised to attack Iran).