Financial News

Iran and Filipinos

The US-Israeli war against Iran has a tremendous impact on Filipinos:

Vietnam aims to promote derivatives with new law

HANOI: The Industry and Trade Ministry is seeking public feedback on a proposed Law on Commodity Derivatives Trading to close regulatory gaps and establish a comprehensive legal framework for the country's fast-growing derivatives market. Read full story

Official opening of a 17-unit second-stage transitional home in Laval

LAVAL, QC, March 2, 2026 /CNW/ - The government of Quebec, the government of Canada, the City of Laval and Shield of Athena today officially opened "Shield of Athena Family Services: MH2 L'Odyssée," a 17-unit second-stage transitional home with community support for highly vulnerable women and their children in Laval. The total investment for this project is just over $6.9 million. The event was attended by Céline Haytayan, Parliamentary Assistant to the Quebec Minister of Economy, Innovation and Energy (Artificial Intelligence, the Quantum Sector, Science and Innovation) and Member of the National Assembly for Laval-des-Rapides, on behalf of Caroline Proulx, Quebec Minister Responsible for Housing and Minister Responsible for the Status of Women; Annie Koutrakis Parliamentary Secretary to the federal Minister of Jobs and Families and Member of Parliament for Vimy; Valérie Schmaltz, Member of the National Assembly for Vimont; Emmanuella Lambropoulos, Member of Parliament for Saint-Laurent; Sandra El-Helou, Associate Member of the Executive Committee, City Councillor for the district of Souvenir-Labelle and councillor in charge of housing and social housing for the City of Laval, on behalf of Stéphane Boyer, Mayor of Laval; and Chrysanthe Sclavounakis-Nakis, President of Shield of Athena.The Government of Quebec contributed over $1.9 million to the project through the Société d'habitation du Québec (SHQ), which is also securing Shield of Athena's mortgage loan. The Government of Canada contributed more than $995,000 to the project through the Canada-Quebec Rapid Housing Initiative Agreement. The City of Laval contributed more than $900,000.Shield of Athena is a non-profit, non-denominational community organization whose purpose is to provide professional support, prevention and intervention services that are culturally and linguistically tailored to the needs of women and their children from diverse ethno-cultural communities.Quotes:"By officially opening this shelter, we are providing women and their children with a safe living environment that will help them rebuild their future with dignity. Our government is proud to support concrete initiatives like the one led by Shield of Athena, which directly address the needs of the ...Full story available on Benzinga.com

PPA: Expect freight costs to escalate amid Middle East war

Importers should start pricing in what could be one of the steepest hikes in freight costs in recent history, as the Philippines absorbs the impact of disruptions in the Strait of Hormuz, where some of its energy inputs sail through.

Germany’s Monforts set to enhance Turkmen textile efficiency - Manager (Exclusive)

Germany’s Monforts is working to optimise existing textile production lines in Turkmenistan and support the country’s efforts to turn domestically grown cotton into higher value products.

Inflation alert as conflict threatens price surge

SINGAPORE: The Republic may face an inflationary bump with energy prices set to spike following US and Israeli air strikes on Iran on Feb 28, bringing oil and gas shipments from the Persian Gulf to a halt. Read full story

U.S. stocks slip and oil prices leap as war in the Middle East raises worries about high inflation

NEW YORK — Oil prices climbed, and stock markets slipped Monday as investors and households got the first chance to see what the war in the Middle East could mean for their finances.

Crypto stocks surge as Bitcoin rebounds from weekend selloff

World’s money launderers are shifting to crypto, report warns

New report sheds light on lax enforcement of money laundering powered by the tech.

Strategy acquires $204.1M in bitcoin as it tweaks preferred stock payouts

Swiss Franc Safe Haven: The Unshakeable Crown Shifts to CHF in Global Turmoil

BitcoinWorldSwiss Franc Safe Haven: The Unshakeable Crown Shifts to CHF in Global TurmoilIn the volatile landscape of global finance, a profound shift is reshaping the hierarchy of safety. According to a pivotal analysis from Commerzbank, the Swiss Franc (CHF) now firmly wears the safe haven crown, a title long contested by the US Dollar and gold. This transition, evident throughout 2024 and into 2025, reflects deep structural [...]This post Swiss Franc Safe Haven: The Unshakeable Crown Shifts to CHF in Global Turmoil first appeared on BitcoinWorld.

Amazon Faces Fresh Pressure as UAE Data Center Disruption Hits AWS

Market Analysis by covering: Amazon.com Inc. Read 's Market Analysis on Investing.com AU.