Coin Press - Economy

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Featured

US Fed expected to hold rates steady as Iran war roils outlook

US Federal Reserve policymakers are expected to leave interest rates unchanged at their meeting next week, as the US-Israel war on Iran sends shock waves through markets and recent economic data has begun to show weakness.

It's 'Sinners' v 'One Battle' as Oscars day arrives

After months of expensive campaigns, the Oscars finally arrive Sunday, with all eyes on the race between "One Battle After Another" and "Sinners" for best picture, Hollywood's most coveted prize.

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Hungary to expel seven Ukrainians as Zelensky, Orban quarrel over Russian oil

Hungary will expel seven detained Ukrainians, the government said Friday, as Hungarian Prime Minister Viktor Orban and Ukrainian President Volodymyr Zelensky traded threats in a row over stalled Russian oil supplies.

Stocks fluctuate, oil climbs as Mideast crisis rages

Global stock markets fluctuated and oil prices jumped Friday at the end of a volatile week's trading unleashed by the Middle East conflict.

China says 'clearly aware' of economic risks, vows to boost spending

China's leaders are "clearly aware" of challenges facing growth, the head of the country's top economic planning body said on Friday, vowing to boost sluggish domestic consumption.

Most Asian equities drop as Mideast crisis rages, though oil dips

Asian markets mostly down Friday as the war in the Middle East showed no sign of ending, though there was some reprieve from the surge in oil prices after the United States looked to ease supply concerns.

Equities mixed as Mideast crisis rages, though oil dips

Asian markets were mixed Friday as the war in the Middle East showed no sign of ending, though there was some reprieve from the surge in oil prices after the United States looked to ease supply concerns.

Australia forces porn sites to block under-18s from Monday

Australia's online regulator warned porn websites they must block under-18s from Monday under sweeping new restrictions to protect children.

Equities mostly drop as Mideast crisis rages, though oil dips

Most stocks in Asia fell Friday as the war in the Middle East showed no sign of ending, though there was some reprieve from the surge in oil prices after the United States looked to ease supply concerns.

Brazil's Petrobras sees profit soar on record output

Petrobras, Brazil's majority state-owned oil company, said Thursday that its profits nearly tripled last year thanks to record oil and gas output.

US, Venezuela restore ties as Washington pushes for minerals access

Venezuela and the United States are restoring diplomatic ties, the two countries announced Thursday, in a new sign of thawing relations after Washington ousted former president Nicolas Maduro.

Middle East war enters seventh day as Israel strikes Beirut

The raging Iran war, which has spread across the Middle East and beyond, entered its seventh day Friday after Israeli forces announced a "next phase" in the conflict and bombed Beirut's southern suburbs.

US says Venezuela to protect mining firms as diplomatic ties restored

Venezuela has promised safe conditions for foreign mining companies keen to invest in the country, a US official said Thursday, as Washington announced it will restore diplomatic ties with Caracas.

European, US stocks back in sell-off mode as oil prices surge

Oil prices pushed higher while US and European stocks dropped on Thursday as investors tracked developments on the sixth day of the Middle East war.

Oil prices rise, stocks slide as Middle East war stirs supply concerns

Oil prices pushed higher while stocks dropped on Thursday as investors tracked developments on the sixth day of the Middle East war.

Paramount's Ellison vows CNN editorial independence

Paramount Skydance chief David Ellison sought Thursday to calm fears over the future of CNN, pledging to protect the news network's editorial independence as his company closes in on a landmark takeover of Warner Bros. Discovery.

Oil prices rise, stocks drop as Middle East war stirs supply concerns

Oil prices pushed higher while stocks dropped on Thursday as investors tracked developments on the sixth day of the Middle East war.

Israel tells Beirut suburb to evacuate as Mideast war spirals

Israel issued an unprecedented evacuation warning on Thursday for the entirety of Beirut's southern suburbs, a stronghold of Hezbollah, sending residents in the district of hundreds of thousands of people fleeing in a panic.

Union loses fight against Tesla at German factory

Germany's largest union Thursday accused Tesla of intimidating staff at the US carmaker's factory outside Berlin after it lost a vote to gain control of a body representing workers' interests.

Stocks, oil climb as Middle East war stirs volatility

Global stock markets rose and oil prices crept up further on Thursday as the Middle East war entered its sixth day, with energy supplies constrained and investors assessing levels of volatility.

The silent struggle of an anti-war woman in Russia

When Vladimir Putin launched Russia's large-scale offensive against Ukraine on February 24, 2022, Varvara felt "despair and anger" -- and joined an anti-war protest in central Moscow.

China sets lowest growth target in decades as consumption lags

China set its annual growth target at 4.5-5 percent on Thursday, its lowest figure in decades but at the centre of plans to tackle sluggish consumption and a flagging property market.

Seoul leads rebound across Asian stocks, oil extends gains

Asian equities jumped Thursday after a three-day rout sparked by the Middle East war, but concerns about an extended conflict helped oil extend gains, while analysts warned of more volatility ahead.

China prioritises energy and diplomacy over Iran support

China has expressed its anger over Israeli-US strikes on Iran but, despite hits to its oil imports, will not risk its interests by confronting Washington and helping its long-standing partner, analysts say.

Israel, Iran launch fresh attacks as war spreads

Israel pounded Lebanon early Thursday and said it intercepted missiles from Iran as a widening war launched by the United States and Israel also brought fresh turmoil to Iraq.

Brazil ratifies EU-Mercosur trade deal

Brazil's Senate on Wednesday ratified a deal between the Mercosur bloc and the European Union that creates one of the world's largest free trade areas.

US, European stocks rise as oil prices steady; Asian indexes tumble

US and European stock markets advanced Wednesday as oil prices steadied, after Asian bourses suffered deep losses amid inflation worries sparked by the US-Iran war.

US Fed warns 'economic uncertainty' weighing on consumers

The US Federal Reserve warned Wednesday that increased economic uncertainty was impacting consumer sentiment, as President Donald Trump's administration presses on with an aggressive tariffs agenda despite recent setbacks.

Florida family sues Google after AI chatbot allegedly coached suicide

The family of a Florida man who took his own life filed suit against Google on Wednesday, alleging the company's Gemini AI chatbot spent weeks manufacturing an elaborate delusional fantasy before aiding him in his suicide.

Bayer gets preliminary approval for weedkiller class settlement

German agrichemical giant Bayer said Wednesday that a US judge had granted preliminary approval for a multi-billion-dollar class settlement proposed by its subsidiary Monsanto over claims the Roundup weedkiller causes blood cancer.

Russia to free two Hungarian-Ukrainian POWs, Putin says

Russia will free two Ukrainian-Hungarian nationals captured while fighting for Ukraine, President Vladimir Putin said Wednesday, after Hungarian Prime Minister Viktor Orban appealed for their release in a phone call.

Adidas shares slump on outlook, Mideast war casts shadow

Adidas's shares slumped Wednesday after its 2026 outlook disappointed investors, while the German sportswear giant said any potential impact on its business from the Middle East war was still unclear.

Ivory Coast cuts cocoa producer price by nearly 60 percent: govt

Ivory Coast, the world's leading cocoa producer, on Wednesday cut the price paid to its growers by nearly 60 percent, the government said, to try to address a sales slump affecting the sector.

Stocks firm, oil steadies after sell-off on Middle East turmoil

US and European stock markets firmed and energy prices steadied Wednesday after President Donald Trump sought to ease oil supply concerns triggered by the conflict between the United States and Iran.

Coin Press - Economy (English)