Coin Press - Economy

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Featured

Lights out in Laos as electricity exports surge

Isolated, under-developed Laos brands itself the "Battery of Southeast Asia", powering its neighbours with dozens of hydroelectric plants, but frequent power outages leave its own people in the dark.

Venezuelans outside Caracas say capital not sharing blackout burden

Josner Herrera is sick and tired of dealing with daily power cuts, especially when her part of western Venezuela produces a fair bit of electricity.

Last news

Shein flattens on Hong Kong debut facing global headwinds

Fast-fashion retailer Shein made a tepid Hong Kong debut on Tuesday, having raised US$1.7 billion in a high-profile initial public offering.

Eurozone inflation hits three-year high at 3.3% in August

Eurozone inflation jumped to 3.3 percent in August, the highest level in three years, as the war in the Middle East kept pushing up energy costs, official data showed Tuesday.

Oil extends gains, stocks mostly down as Trump issues fresh Iran warning

Oil prices jumped more than one percent Tuesday amid fears of a fresh bout of military exchanges between the United States and Iran following a flare-up at the weekend and Donald Trump's warning that he will hit the country "hard".

ThinkMarkets Expands Weekend Trading Offering, Launches Weekend League Competition

ThinkMarkets, a global multi-asset CFD broker, today confirmed the launch of Weekend League, a client trading competition built around its weekend trading offering, with further expansion of that offering in development.

PineX Capital Launches MetaTrader 5 as Prop Firm Expands Trading Platform Offering

The growing prop firm has added MetaTrader 5 to its platform offering, giving its international trader community more choice in how they trade.

Tibet activists accuse China of downplaying floods

Exiled Tibetans and advocacy groups have accused China of heavily underreporting the death toll from devastating flooding in border regions with Nepal, claims Beijing rejected as "malicious smearing and sensationalism".

Women survivors face sanitation woes in Nepal relief camp

Scores of women queued at a school sheltering Nepal flood victims, jostling to receive personal-care supplies, as concerns over sanitation and menstrual hygiene mount days after the catastrophic disaster.

Iran president offers US olive branch before Putin meeting

Iran's President Masoud Pezeshkian on Tuesday vowed to match any US move to return to a June deal aimed at ending their war, as he prepares to meet Russian counterpart Vladimir Putin at a regional summit.

China-Nepal flood toll tops 1,000 as tunnel rescue offers last hope

The death toll from devastating Himalayan glacial floods crossed the grim 1,000 mark on Tuesday, as Chinese and Nepali teams searched for survivors including dozens feared trapped in hydropower tunnels.

Japan to relax overtime regulation under workaholic PM

Japan will ease overtime regulation starting Tuesday in a move meant to help spur economic growth but criticised as a relapse into the country's ingrained workaholic culture.

Fast-fashion giant Shein plunges 10% on Hong Kong debut

Fast-fashion retailer Shein fell 10 percent on its long-awaited Hong Kong trading debut Tuesday, having raised US$1.7 billion in a high-profile initial public offering.

Oil extends gains, stocks drop as Trump issues fresh Iran warning

Oil prices extended gains Tuesday amid fears of a fresh bout of military exchanges between the United States and Iran following a flare-up at the weekend and Donald Trump's warning that he will hit the country "hard".

TRON Founder Justin Sun Shares Outlook on Bitcoin, Stablecoins and Global Finance at Bitcoin Asia 2026

Geneva, Switzerland, August 31st, 2026, NewsDirect

US draws European pushback with Russia G20 finance invite

Russia's attendance at the opening of US-hosted G20 finance meetings sparked European pushback on Monday, adding a surprise element to talks already clouded by the Iran war and President Donald Trump's trade policies.

Oil prices surge on renewed fighting in US-Iran war

Oil prices jumped more than two percent on Monday, with the Brent international benchmark rising above $90 a barrel after a fresh flare-up in the US-Iran war.

Apple CEO Tim Cook gives nod to founder Steve Jobs in final memo

Apple's chief executive Tim Cook bid farewell to the tech giant on Monday, paying tribute to founder Steve Jobs and praising staff as "extraordinary," as he passed the baton to incoming CEO John Ternus.

US vows to keep economic pressure on Iran as G20 finance talks begin

US Treasury Secretary Scott Bessent vowed Monday to persist with economic pressure on Iran, saying a turning point could be near as G20 finance leaders opened talks clouded by war and trade tensions.

Shein valued at $26.3 bn in Hong Kong market debut

Fast-fashion giant Shein raised $1.7 billion in its long-awaited Hong Kong initial public offering, valuing the online retailer at around $26.3 billion, the company said Monday.

Putin, Xi hold talks in Kyrgyzstan as regional summit begins

Russia's Vladimir Putin and China's Xi Jinping began talks Monday in Kyrgyzstan, where a dozen other heads of state also gathered for a two-day summit of the Shanghai Cooperation Organisation (SCO), which seeks to be a counterbalance to the West.

Fully Permitted Tanzanian Gold Project Clears Path to Construction as Financing, EPCM Fall in Place (LVGLF)

Disseminated on behalf of Lake Victoria Gold

RedHill Divests Talicia® to Apotex for $18 Million Cash Upfront Plus Milestones to Fuel Strategic Growth Opportunities

Executes a major step in RedHill’s strategic roadmap to fundamentally reposition the Company’s commercial business toward new and larger product opportunities, revenue growth and an accelerated path toward operational profitability

EdWealth Announces MoneyBench Benchmark Comparing AI Money Answers From Ed, ChatGPT and Gemini

EdWealth (edwealth.ai) today announced the publication of MoneyBench, a benchmark developed by the company to evaluate how AI systems answer personal finance questions. The benchmark compares Ed, EdWealth's AI personal finance coach, with ChatGPT and Gemini on usefulness and factual accuracy.

MEXC Data: BTC Breaks $80,000, Major-Asset Spot Trading Volume Surges 300%

MEXC, a pioneer in 0-fee digital asset trading, reports a sharp rise in Spot trading activity on the platform as BTC topped $80,000 and ETH and SOL reached near six-month highs. From August 20 to 22, the average daily Spot trading volume of BTC, ETH, SOL, and XRP increased by approximately 299% from the daily average recorded between August 1 and 17. Over the same period, the combined average daily trading volume of ETH, SOL, and XRP exceeded that of BTC. Compared with the BTC-dominated trading structure seen from August 1 to 17, activity on the platform spread noticeably across a broader range of major assets.

South Korea women's football body probes 'period' insult

South Korea's women's football federation announced an investigation Monday over allegations a female referee insulted former Chelsea midfielder Ji So-yun during a domestic game by saying she was menstruating.

China's Xi and Iran's Pezeshkian in Kyrgyzstan, Putin expected

China's Xi Jinping and Iranian President Massoud Pezeshkian were in Kyrgyzstan for a summit of the Shanghai Cooperation Organisation, with Russia's Vladimir Putin expected later on Monday for the two-day event that will involve over a dozen other leaders.

Nepal toll surges as rescuers struggle through 'unimaginable' disaster

Rescuers struggled Monday through mud and debris for a sixth day, as the number of missing people soared to nearly 5,000 since tsunami-like glacial floods roared down from the China-Nepal border, creating an "unimaginable" disaster.

Passengers stranded overnight by Kenya airport strike

Hundreds of passengers were stranded at Kenya's main international airport overnight as the latest strike by workers entered a second day on Monday.

US hosts G20 finance talks with growth, Iran pressure on agenda

Finance leaders from the Group of 20 major economies open talks Monday at a US-hosted gathering, as the Trump administration seeks consensus on lifting global growth while ramping up economic pressure on Iran.

Stocks drop as Warsh fans US rate hike bets, crude up on US-Iran strikes

Asian stocks fell Monday as hawkish comments from Federal Reserve boss Kevin Warsh saw investors ramp up bets on a US interest rate hike, while oil prices spiked after a fresh flare-up in the US-Iran war.

Nepal buries dead as rescuers seek thousands missing

Nepal was burying on Monday some of the hundreds of bodies retrieved after a deadly, tsunami-like flood crashed through the Himalayan region, sweeping away villages and leaving thousands still missing.

Injuries cloud tennis as US Open gets under way

After Carlos Alcaraz and Jannik Sinner split last year's Grand Slams, the two superstars were expected to continue their see-saw rivalry in 2026.

Walmart Agrees to $50 Million Settlement Over Opioid Prescription Allegations

Walmart has agreed to pay $50 million to settle federal allegations that its pharmacies knowingly filled thousands of illegal opioid prescriptions. The Department of Justice accused the retailer of prioritizing sales over compliance with controlled substance laws from 2013 onward, citing internal emails that deprioritized safety protocols.

Coin Press - Economy (English)