Economy

Markets

Persian Gulf War Risk Insurance Costs Surge 500% as Coverage Zones Expand

War risk insurance costs in the Persian Gulf have surged 500% as London’s marine insurance market expands high-risk zones due to escalating Middle East tensions.

WH News Mar 3, 2026

Corporate

Cuba’s President Calls for Economic Overhaul Amid Strained US Relations

Cuba's president calls for economic transformation amid the impact of US sanctions, which have left the country in crisis.

WH News Mar 3, 2026

Markets

Silver Surges as Traders Weigh Opportunity vs. Risk Amid Volatility

Silver's recent volatility raises questions about whether it's a breakout or a trap for traders.

WH News Mar 3, 2026

Corporate

26% of Chinese Listed Firms Expected to Report Net Losses in 2025

A record 26% of Chinese listed firms expected to report net losses in 2025 due to a prolonged real estate downturn.

WH News Mar 3, 2026

Corporate

Aspen’s Dwayne Romero Enters Race for Colorado’s 3rd Congressional District

Aspen's Dwayne Romero enters race for Colorado's 3rd Congressional District, challenging incumbent Rep. Jeff Hurd.

WH News Mar 3, 2026

Africa

Nigeria’s North Central Crisis: Blame and Conflict Fuel Ongoing Violence

Violence in Nigeria's North Central region continues as blame-shifting and unresolved grievances deepen communal tensions.

WH News Mar 3, 2026

Leaders

Kogi Kidnap Victim Gives Birth to Twins at IDP Camp After Rescue

A rescued kidnap victim in Kogi State has given birth to twin girls at an IDP camp, marking a new chapter in her recovery.

WH News Mar 3, 2026

Corporate

Iran Conflict Drives Bond Market Turmoil as Inflation Fears Resurface

Global bond markets are under pressure as renewed tensions in Iran stoke fears of rising inflation.

WH News Mar 3, 2026

Markets

European Equities Fall as Persian Gulf Tensions Drive Global Market Turmoil

European stock markets plunged as tensions in the Persian Gulf escalated, triggering fears of a global energy crisis and economic uncertainty.

WH News Mar 3, 2026

AI

ABoICT 2026 Lecture to Highlight AI, IoT’s Role in Business Efficiency

The 2026 ABoICT Lecture will focus on AI and IoT's impact on business efficiency and digital transformation.

WH News Mar 3, 2026

Crypto

Hong Kong, Shanghai Launch Blockchain Initiative to Transform Trade Finance

Hong Kong and Shanghai are launching a blockchain initiative to transform trade finance, aiming to reduce costs and improve efficiency.

WH News Mar 3, 2026

Economy

Strait of Hormuz Tensions Push Oil Prices Up, Dow Futures Slide Amid Geopolitical Risks

Oil prices climb as Strait of Hormuz tensions rise, pushing Dow futures lower amid fears of supply disruption and inflationary pressures.

WH News Mar 3, 2026

Energy & Commodities

Aquino Cites Train Law Threshold as Oil Prices Near $80 Per Barrel

Senator Bam Aquino has reminded the government that the Train Law automatically suspends excise taxes on oil when global prices hit $80 per barrel, as prices approach that threshold.

WH News Mar 3, 2026

Corporate

Oman’s Royal Decree Expands Powers of Economic Zones Authority

Oman's Royal Decree expands OPAZ's powers to enhance economic governance and attract investments.

WH News Mar 3, 2026

Corporate

EU Battery Industry Sees Narrowing Cost Gap with China, Study Shows

European battery makers could close their cost gap with China by 2030 through policy-driven scaling, despite current production costs being significantly higher.

WH News Mar 3, 2026