Coin Press - Economy

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Featured

Amazon surges as US stocks shrug off bond yield worries

Wall Street stocks charged higher Friday behind strong earnings from Amazon that offset the drag from higher US Treasury yields.

Oil giants report blowout profits on war, warn high gas prices could persist

US petroleum giants ExxonMobil and Chevron released blowout profits Friday due to the Middle East war, as executives cautioned that elevated gasoline prices will probably continue to strain consumers.

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Asia to be hit hardest by Iran war energy crisis: Kpler to AFP

Asian nations are facing a major energy crisis as a result of the Iran war, with a sharp fall in crude shipments and few alternatives, global maritime analytics firm Kpler told AFP on Tuesday.

Huawei reports slowing revenue growth in 2025

Chinese tech giant Huawei's revenue growth slowed last year, its annual report showed Tuesday, as sales of the company's consumer devices plateaued against a backdrop of sluggish domestic consumption.

Italy fertility rate fell to new low of 1.14 in 2025

Italy's fertility rate fell to a new low of 1.14 children per woman in 2025 -- one of the lowest levels in the world, official data released on Tuesday showed.

Oil slips, stocks mixed after report says Trump willing to end war

Oil prices slipped Tuesday and stocks were mixed as investors weighed a report indicating Donald Trump was willing to end the Iran war even if the key Strait of Hormuz remained closed but also threatened to strike its energy infrastructure if it did not make a deal.

Russian tanker set to deliver oil to crisis-hit Cuba

A Russian oil tanker was set to deliver the first crude shipment to Cuba since January on Tuesday after Washington gave the crisis-hit island a reprieve from an effective fuel blockade.

Oil slips, stocks rise as report says Trump willing to end war

Oil prices sank and most stocks rose Tuesday, following a report that indicated Donald Trump was willing to end the Iran war even if the key Strait of Hormuz remained closed.

Indonesia trims meals programme: what next?

Indonesia will make cuts to its free school meals programme from Tuesday as it seeks to set aside billions of dollars to counteract budget pressures brought on by the Middle East war and soaring oil prices.

Oil rises on Trump's Iran threats, stocks mixed

Oil prices rose as the Middle East crisis escalated Monday with US President Donald Trump threatening to destroy Iran's main export terminal, and after the entry of Yemen's Houthi rebels into the war.

G7 ministers tackle economic fallout of Mideast war

G7 ministers and central bank officials gathered Monday to tackle the economic consequences of the war in the Middle East that has sent energy prices soaring and has triggered fears for the world economy.

Facts about Strait of Hormuz shipping blockade

Here are the latest key facts and figures about the blockage of the Strait of Hormuz, a crucial shipping route virtually paralysed by the Middle East war.

Oil prices rise, stocks diverge tracking Mideast war developments

Oil prices rose and stock markets diverged Monday as the Middle East crisis escalated with the entry of Houthi rebels into the Iran war and speculation that the United States could deploy troops on the ground.

Iran and Israel trade strikes as US mulls Gulf ground assaults

Israel and Iran exchanged more missile fire Monday as concerns that the United States might escalate the Middle East conflict by launching ground raids against the Islamic republic's Gulf islands sent oil prices soaring.

Japan's cherry blossom season dazzles locals and tourists

Japanese locals and tourists packed the country's most stunning cherry blossom spots on Monday to enjoy the dazzling flowers at full bloom.

EU ups mackerel quotas to match UK despite overfishing concerns

The EU upped the amount of mackerel that can be fished out of the North Atlantic Monday, sidestepping environmental concerns to match quotas set by Britain, Norway and other rival fishing nations.

G7 ministers set to tackle financial fallout of Mideast war

Ministers from the G7 will hold talks on Monday to unpack the economic consequences of the war in the Middle East, the French government said, as oil and gas prices continue to soar.

Premier League fans feel the pinch from ticket price hikes

The Premier League's global appeal is built on packed stadiums and electric atmospheres but as the arms race for talent intensifies, fans are feeling the pinch.

Philippines oil refinery secures 2.5 mn barrels of Russian crude

The Philippines' sole oil refinery has secured nearly 2.5 million barrels of Russian crude out of "extreme necessity", a stock exchange filing revealed Monday, as the country seeks to replenish fast-dwindling fuel reserves.

Life with AI causing human brain 'fry'

Heavy users of artificial intelligence report being overwhelmed by trying to keep up with and on top of the technology designed to make their lives easier.

Hungary's anxious rural voters will decide Orban's fate

In the village of Pusztavacs in central Hungary, election posters on electricity poles remind voters of a looming poll, where nationalist Prime Minister Viktor Orban's future is on the line.

'Project Hail Mary' tops N. America box office for second week

Space adventure flick "Project Hail Mary" topped the North American box office for a second straight week with $54.5 million in ticket sales, industry estimates showed Sunday.

Two more arrests over attempted attack on US bank HQ in Paris

Police have arrested two more people over an apparent bid to explode a homemade device outside the Paris branch of the Bank of America, the French domestic security service said on Sunday.

Five Apple anecdotes as iPhone maker marks 50 years

iPhone maker Apple celebrates its 50th anniversary on April 1 having marked pop culture and the tech industry like few other firms since its beginnings in 1976.

Helplines buzz with alerts from seafarers trapped in war

Seafarers' helplines say they are overwhelmed with messages from crews stuck in the Gulf by the Middle East war, desperately seeking repatriation, compensation and onboard supplies.

Let's get physical: Singapore's seniors turn to parkour

In a corner of suburban Singapore, Betty Boon vaults a guardrail, crawls underneath a slide, executes forward shoulder rolls and scales a steep slope, finishing the course to applause.

Indian tile makers feel heat of Mideast war energy crunch

Blazing-hot kilns in India's $6.5 billion ceramics manufacturing hub employing hundreds of thousands of people have gone cold, shut down in an energy crunch caused by the Middle East war.

At 50, Apple confronts its next big challenge: AI

Apple celebrates its 50th anniversary as artificial intelligence challenges the Silicon Valley legend to prove it can deliver yet another culture-changing innovation.

Sailboats carrying aid reach Cuba after going missing: AFP journalist

Two sailboats carrying humanitarian aid to crisis-hit Cuba reached Havana on Saturday after a long journey from Mexico during which they went missing and triggered a search-and-rescue mission.

Missing Cuba-bound aid boats located, crew reported safe

Two sailboats that disappeared while taking humanitarian aid from Mexico to Cuba have been located by the Mexican Navy and the crews are safe, organizers and Mexican authorities said Saturday.

22 migrants die off Greece after six days at sea: survivors

Twenty-two migrants hoping to reach Europe from North Africa have died off the coast of Greece after six days at sea in a rubber boat, survivors told the Greek coastguard Saturday.

Questions over Israel's interceptor stockpiles as Mideast war drags on

The ability of Israel's highly sophisticated air defences to keep intercepting Iranian attacks is coming under scrutiny as the Middle East war drags on into a second month.

Sweet heist? Nestle says 12 tonnes of KitKat stolen

A huge shipment of Nestle's crunchy KitKat chocolate bars was stolen in Europe, the brand said, warning that the heist risked causing shortages in stores right before Easter.

Yemen's Houthi enter war with missile targeting Israel

Yemen's Houthi rebels announced their entry into the Middle East war on Saturday by launching a ballistic missile towards Israel, as the world struggled to contain the economic damage of a conflict now entering its second month.

Coin Press - Economy (English)