A liquidator is investigating whether a failed international student agency improperly transferred funds out of Australia in the weeks before its collapse, ABC.net reported. GrowPro Experience, a Spain-based company which helps arrange global study for international students, was put into administration earlier this year. Its collapse has left hundreds of students at risk of losing years of savings and the opportunity to study in overseas destinations, including Australia. Liquidation firm Taylor Insolvency has been appointed to wind up the Australian arm of the business.

A unit of Ola Electric Mobility Ltd. is facing insolvency petitions from two of its key vehicle registration service providers in India over unpaid dues, adding to the EV maker’s mounting troubles, Bloomberg News reported. Rosmerta Digital Services Pvt. and Rosmerta Safety Systems — suppliers of vehicle registration services and high-security registration plates respectively — have separately filed insolvency pleas against closely held Ola Electric Technologies Pvt., citing unpaid invoices.

China's property slump persisted in February, with official figures on Monday showing declines in prices, investment and sales, as government measures and promises of more stimulus did little to boost demand in the crisis-stricken sector, Reuters reported. New home prices dipped 0.1% versus a month earlier after two months of relatively steady prices, showed Reuters calculations based on National Bureau of Statistics data. On a year-on-year basis, new home prices fell 4.8% versus a 5.0% drop the previous month.

The protectionist policies of U.S. President Donald Trump are likely to deteriorate the soundness of the financial industry and expand market volatility, ChosunBiz.com reported. According to a report from the Korea Financial Research Institute on the 16th, titled "Implications of Strengthened Protectionism for the Domestic Banking Industry," a slowdown in exports due to global protectionism could lead to deteriorating performances of corporations and industries, causing the insolvency of vulnerable corporations and undermining the soundness of the financial industry.

Pakistan raised a tax on petroleum as the government takes steps to meet International Monetary Fund expectations before the financial agency releases the next tranche of a loan package, Bloomberg News reported. The petroleum development levy was increased by 10 rupees to 70 rupees a liter, according to a notification the Oil and Gas Regularity Authority posted on its website. The IMF said on Saturday that Pakistan is making progress toward receiving the second $1 billion installment of the $7 billion loan agreement it secured last year.

South Korean supermarket chain Homeplus has pledged to fully repay its vendors, prioritizing small businesses, while apologizing for heightened concerns over its financial stability following a court's approval of its entry into a corporate rehabilitation program earlier this month, the Korea Herald reported.

Country Garden Services, the property services arm of China's Country Garden, on Friday forecast a higher full-year profit on the back of lower impairment charges, Reuters reported. The property services arm expects a net profit attributable between 1.60 billion yuan ($221.03 million) and 2 billion yuan for fiscal 2024 ended December, compared with 292.3 million yuan a year earlier. Country Garden Services said it benefited from optimising some businesses it had acquired previously that led to lower impairment charges for the year ended 2024.

The Chinese government has strongly criticized a planned deal by a Hong Kong conglomerate to sell ports in Panama and elsewhere to an investment group led by an American asset manager, warning that the deal would deprive China of needed influence over key shipping routes, the New York Times reported. The criticism marks an abrupt shift in Chinese policy toward Panama and the control of seaports around the world. When President Donald Trump raised concerns soon after taking office that China had too much power in the Panama Canal, his comments were initially ridiculed by Beijing.

Japan’s largest labor union group said its workers secured the highest pay deal in more than three decades, supporting the case for further gradual interest rate hikes from the Bank of Japan, Bloomberg News reported. Some 760 affiliated unions under the trade union federation Rengo have so far secured an average pay gain of 5.46% in ongoing annual wage negotiations, according to its initial tally released on Friday. That’s the highest level since 1991 when compared with past final tally figures, and exceeded last year’s initial reading of 5.28%.