Financial services firms across the Asia Pacific are facing a critical inflection point in 2026, as regulators across the region accelerate efforts to address the growing risks posed by artificial intelligence, digital assets, and financial crime, according to Deloitte’s Asia Pacific Financial Regulatory Outlook 2026, published by the firm’s Asia Pacific Centre for Regulatory Strategy (ACRS).

Key takeaways

• Financial services firms in the Asia Pacific must move from reactive compliance to proactive regulatory leadership, especially as AI and digital assets reshape the industry faster than existing frameworks can keep up.
•  Regulatory fragmentation across the region is no longer sustainable, as financial risks in AI, digital assets, and financial crime are global by nature and demand cross-border coordination.
• Boards and senior executives that treat emerging threats like financial crime and AI governance as back-office issues rather than strategic priorities risk being caught ofguard in an increasingly complex regulatory environment.

The report, developed in collaboration with Deloitte counterparts across EMEA and the Americas, offers one of the most comprehensive analyses of the regional regulatory environment to date, and its findings carry urgent implications for board members and senior executives across the financial sector.

AI and Technology Top the Regulatory Agenda

Artificial intelligence has moved from emerging technology to core operational infrastructure across the region’s financial institutions, embedding itself in credit decisions, fraud detection, and customer onboarding systems. Regulators, however, are struggling to keep pace.

The Deloitte report identifies AI governance as one of the defining regulatory challenges of the year, warning that firms without robust explainability standards and model risk frameworks face growing exposure as oversight frameworks tighten across multiple markets.

Digital Assets Enter the Regulatory Mainstream

Once dismissed as speculative, digital assets have secured a permanent place in the regulatory conversation across the Asia Pacific.

The 2026 outlook dedicates a full chapter to the sector, reflecting the rapid maturation of licensing regimes, custody standards, and cross-border frameworks across the region. Firms that have yet to develop a clear regulatory strategy for digital assets are running out of time to do so.

Financial Crime Risks Grow Alongside Innovation

As financial institutions adopt new technologies and expand into digital markets, regulators are raising expectations around financial crime compliance.

The report warns that the surface area for illicit activity grows in parallel with innovation, placing renewed pressure on firms to treat anti-money laundering and financial security as frontline strategic priorities rather than back-office functions.

The Deloitte report concludes that the financial services industry across the Asia Pacific must adapt and innovate to meet the evolving needs of its stakeholders and contribute to the region’s long-term success.

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GameStop Corp. shares traded in a narrow range early Friday, maintaining levels around $24 as investors digested ongoing speculation about a major acquisition and awaited the retailer’s quarterly earnings report later this month. The meme-stock favorite has shown resilience in recent sessions despite broader market pressures from geopolitical tensions and rising energy costs.

GameStop (NYSE: GME) was changing hands at approximately $23.91 to $24.10 in pre-market and early U.S. trading, up modestly from Thursday’s close of $23.87. The stock opened around $23.80 to $23.95 in the prior session, with intraday action ranging from a low of $23.77 to a high of $24.23. Volume stood at roughly 1.2 million to 3.5 million shares in recent days, below the elevated levels seen during past meme-driven surges but consistent with current retail interest.

The company’s market capitalization hovered near $10.7 billion to $10.8 billion, with about 448 million shares outstanding. Year-to-date performance remains mixed, with GME up slightly over the past 12 months but well below its 52-week high of $35.81 reached in May 2025. The 52-week low sits at $19.93, underscoring the stock’s volatility tied to both fundamentals and social-media sentiment.

Recent momentum stems largely from CEO Ryan Cohen’s aggressive push to reposition GameStop beyond traditional video game retail. Cohen, who also serves as chairman, has made multiple insider purchases this year, including a notable 500,000-share buy in January at around $21.12, boosting his stake to approximately 9.2%. Those moves coincided with reports of GameStop exploring “very big” acquisitions of publicly traded companies, with speculation centering on potential targets like eBay to transform the retailer into a broader consumer conglomerate.

Analysts and market watchers have interpreted Cohen’s strategy as an attempt to leverage the company’s substantial cash position—bolstered by prior equity raises—to pivot away from declining physical sales amid the shift to digital gaming. GameStop ended recent periods with billions in cash reserves, providing firepower for deals that could reshape its growth narrative. However, skeptics point to execution risks, noting the retailer’s ongoing challenges in adapting to industry changes.

Options activity has remained moderately bullish in recent sessions, with call volume occasionally elevated as traders position for potential catalysts. Some commentary highlights similarities between Cohen’s approach and value-oriented investors, though the stock’s meme heritage continues to attract speculative flows.

GameStop faces a key milestone with its fiscal fourth-quarter earnings expected around March 24 or 25, 2026, including a conference call the following day. Expectations center on revenue trends, store optimization efforts—including recent closures—and progress on digital and collectibles initiatives. Analysts project modest improvements in margins but remain cautious on top-line growth given competitive pressures from online platforms and streaming services.

The broader video game industry outlook provides some tailwinds, with projections for U.S. spending to rise about 3% to $62.8 billion in 2026, according to Circana estimates. Yet GameStop’s brick-and-mortar focus leaves it vulnerable to sector shifts, prompting ongoing store rationalization.

Social-media sentiment, once dominated by “Roaring Kitty” (Keith Gill) posts that sparked massive rallies in 2021 and 2024, has quieted in early 2026. No major recent activity from influential figures has emerged, though retail forums continue to monitor Cohen’s moves closely. Past episodes demonstrated how quickly sentiment can shift, driving short squeezes and dramatic price swings.

Wall Street coverage remains limited and bearish on fundamentals, with consensus price targets well below current levels—around $13.50 in some snapshots—reflecting doubts about sustainable profitability. The stock trades at elevated multiples relative to earnings, with attention focused on balance-sheet strength rather than traditional retail metrics.

Broader market dynamics also weigh on GME. With equity indices sensitive to oil price surges and Middle East developments, growth-oriented and speculative names like GameStop can face headwinds from risk-off moves. Energy stocks have outperformed amid geopolitical premiums, while consumer discretionary names grapple with affordability concerns.

GameStop’s history as a meme stock continues to define its trading profile. The 2021 squeeze, fueled by retail coordination against short sellers, propelled shares from single digits to triple-digit peaks before sharp corrections. Subsequent episodes in 2024, tied to Gill’s re-emergence and position disclosures, delivered brief surges but faded without lasting fundamental change.

Investors now eye whether Cohen’s acquisition ambitions can deliver a lasting re-rating or if volatility persists amid uncertain retail prospects. The upcoming earnings will offer clues on cash deployment, cost controls and any deal progress.

For now, GME holds firm in the low-to-mid $20s, supported by insider confidence and cash reserves but capped by skepticism over long-term viability. Traders brace for potential headline-driven moves, particularly around earnings or acquisition announcements.

As markets open fully in the U.S. session, GameStop shares show modest early gains, reflecting cautious optimism amid a landscape dominated by macro and sector-specific challenges.

If you blast a video without headphones on a United flight, you could lose your seat.

United Airlines confirmed to FOX Business that it updated its Contract of Carriage to add headphone language under Rule 21, or the airline’s “Refusal of Transport” section, giving the carrier authority to deny boarding or remove passengers who fail to use headphones while listening to audio or video content.

The new language places the headphone requirement alongside other behaviors that can result in removal, including refusal to follow crew instructions and disruptive conduct.

“The Contract of Carriage was updated Feb. 27 to add the headphone language,” a United spokesperson told FOX Business. “We’ve always encouraged customers to use headphones when listening to audio content – and our Wi-Fi rules already remind customers to use headphones. With the expansion of Starlink, it seemed like a good time to make that even clearer by adding it to the contract of carriage.”

LAS VEGAS HOTEL-CASINO THAT CLOSED DURING COVID AND NEVER REOPENED IS DEMOLISHED

United Airlines is now enforcing what was once considered etiquette onboard its flights, using headphones while listening to audio or visual content. (iStock / iStock)

While most airlines encourage headphone use as a courtesy, United’s decision to embed the requirement within its formal refusal policy elevates what was once considered etiquette into enforceable contract language.

The timing coincides with the airline’s rollout of Starlink satellite internet service, which is expected to increase device use during flights.

Delta Air Lines tells passengers on its website, “For the comfort of everyone around you, please use earbuds or headphones with any personal electronic device during your flight.”

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United Airlines Boeing 737 MAX 8 aircraft spotted departing from LaGuardia Airport in New York City on Nov. 8, 2024.  (Nicolas Economou/NurPhoto / Getty Images)

Southwest Airlines states that “Headphones are required whenever a passenger is listening to any audio,” though neither carrier publicly frames the rule within refusal-of-transport language.

United did not indicate how frequently the provision has been enforced, but its placement under its “Refusal of Transport” makes clear that passengers who refuse to comply could face denial of boarding at the gate or removal from the aircraft.

The update follows years of mounting frustration over in-flight speakerphone and video use, a tension captured in a viral 2023 clip taken on an American Airlines flight.

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An interior view of a B737 MAX airplane seen at Dallas-Forth Worth International Airport in Dallas, Texas. (COOPER NEILL/AFP via Getty Images / Getty Images)

In the video, an American Airlines pilot delivered a blunt pre-flight message to passengers.

“The social experiment on listening to videos on speaker mode and talking on a cellphone on speaker mode, that is over — over and done in this country,” the pilot said. “Nobody wants to hear your video. … Use your AirPods, use your headphones, whatever it is. That’s your business.”

The speech drew applause from passengers and reignited debate over basic travel courtesy in confined spaces.

Etiquette expert and author of “Was it Something I Said?” Alison Cheperdak told FOX Business the policy reflects broader calls for civility.

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“While in a perfect world people would know not to use speaker phone or listen to content without headphones in confined public spaces, this is a move in the right direction,” Cheperdak said. “The policy encourages kindness and consideration.”

United Airlines is now the first carrier to make clear that cabin courtesy is no longer just being polite, but a condition of carriage.

Major U.S. stock indexes retreated Thursday as renewed escalation in the U.S.-Israel conflict with Iran drove oil prices higher, stoking fresh investor concerns over energy costs, inflation risks, and global growth headwinds.

The Dow Jones Industrial Average declined about 350 points, or 0.75%, to trade around 47,450 during midday action, after touching lows near 47,300 earlier. The S&P 500 slipped roughly 0.6% to hover near 6,420, while the Nasdaq Composite eased 0.4% into the low 22,000s, paring some initial drops but holding negative amid broad risk aversion.

Prior Session Rebound

This pullback largely offset Wednesday’s recovery, when the Dow added around 220 points, or 0.47%, closing near 47,800 to end a short two-day skid. The S&P 500 climbed 0.7% to about 6,460, and the Nasdaq rose 1.1% toward 22,200, supported by a brief oil pullback and economic prints that bolstered hopes for Federal Reserve rate-cut flexibility.

Oil and Geopolitical Driver

Thursday’s downturn linked straight to Middle East flare-ups, with the conflict hitting day six amid Iranian warnings on Strait of Hormuz shipping. No full tanker halts materialized, but reports of delayed transits and spiking insurance rates propelled crude futures up 3-4%, pressuring industrials and consumer stocks while lifting energy shares modestly.

Volatility Gauge

Traders adjusted after midweek bets on U.S. naval protection or quiet diplomacy lost steam against blockade rhetoric. The CBOE Volatility Index (VIX) stayed above 18, down from prior spikes near 22, reflecting ongoing caution short of outright fear.

Sector Rotations

Defensive positioning dominated. Cyclicals like industrials and materials weighed on the Dow, as firms sensitive to fuel costs faced headwinds. Tech megacaps provided some ballast but couldn’t stem overall declines. The Russell 2000 fell 0.9%, prolonging its choppy run.

Inflation Policy Risks

Beyond stocks, oil’s advance—with WTI approaching $76 and Brent in the low $80s from recent sessions—revived inflation worries, potentially crimping the Fed’s easing cycle. Policymakers have highlighted energy as a key monitor, with sustained crude jumps risking a shift from rate cuts if price pressures build.

Earnings and Corporate Snapshot

Mixed corporate signals emerged as earnings tapered off. Energy outfits gained on higher realizations, while defense names saw mild bids from tensions. Consumer discretionary trailed amid pump-price strains, and clean energy stayed tentative despite niche spotlight.

Economic Calendar Ahead

Focus sharpened on Friday’s data, led by nonfarm payrolls to test labor strength. Jobless claims, Challenger cuts, and trade prices could also sway views, with forecasts for 160,000-180,000 jobs and steady 4.1% unemployment.

Weekly Volatility Context

The week’s swings spotlight headline sensitivity. The Dow dropped roughly 600 points across three prior sessions before Wednesday’s lift, mirroring rapid responses to Iran news. History shows events like the 2022 Ukraine crisis often yield short dips followed by rebounds without major disruptions.

Hormuz Stakes

This round stands apart due to the Strait’s role in 20% of world oil. Banks like Goldman Sachs lifted short-term WTI outlooks to the high $70s on risk overlays, without extreme calls. Extended strains could pinch profits, spending, and the S&P 500’s 8-10% year-to-date rise.

Bond and Haven Moves

Yields edged up, with the 10-year Treasury near 4.05% versus recent sub-4% dips, as inflation tempered cut bets. Gold held above $2,700 an ounce for safety, while bitcoin eased under $95,000 with risk peers.

Volume and Flows

Energy rose 1.5-2%, financials mixed, utilities cushioned losses. Volumes swelled 15-20% over norms, heavy in futures and hedges.

Retail Tie-In

GameStop traded flat near $24, propped by cash and buyout talk per separate reports, as retail broadly eyed cost squeezes.

Technical Outlook

Volatility persists ahead. De-escalation hints might spark snaps higher; Hormuz flares could extend weakness. S&P support eyes 6,350-6,400, resistance 6,500 in its oil-shadowed monthly band.

Year-to-Date Backdrop

From early-2026 S&P lows near 6,000, indexes built on AI momentum and cuts but now grapple war overlays. National gas averages near $3.15 per AAA erode purchasing power.

Sector Winner-Loser Balance

Producers thrive, but airlines, logistics, and makers suffer. Refiners gain on spreads; chemicals cite costs. Europe’s Stoxx 600 (-0.8%) and Japan’s Nikkei (-1.2%) synced lower.

Trading Close Notes

Afternoon action steadied sans breakout, volumes hinting defense. Payrolls and diplomacy loom for Friday.

Historical Precedent

This dip aligns with shock absorption patterns, banking U.S. production buffers. Oil momentum and Hormuz watch keep nerves taut.

President Trump’s team signals energy security focus, possibly tapping reserves, layering policy angles. Fuel impacts heighten voter awareness.

Amazon is continuing its workforce reductions, cutting at least 100 white-collar jobs in its robotics unit this week, according to a new report.

The affected division designs robots and other automation systems used primarily in Amazon warehouses, two people familiar with the matter told Reuters.

“We regularly review our organizations to make sure teams are best set up to innovate and deliver for our customers,” Amazon said in a statement without specifying the number of jobs cut.

DESPITE POSTING RECORD REVENUE YEAR ACROSS ALL DIVISIONS

The move adds to a series of large-scale layoffs announced over the past year. (Jason Redmond/AFP via Getty Images)

The move adds to a series of large-scale layoffs announced over the past year. In January, the company cut around 16,000 jobs and signaled at the time that additional reductions could follow. 

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That same month, Amazon halted development of a robotic arm known as Blue Jay that it demonstrated at an event in October. Blue Jay featured multiple robotic arms that could grab several items at once and was designed to help workers in smaller spaces.

Amazon Proteus robots demonstrate autonomous navigation using barcodes on the floor during the Delivering the Future event at the Amazon Robotics Innovation Hub in Westborough, Mass., Nov. 10, 2022.  (M Scott Brauer/Bloomberg via Getty Images / Getty Images)

Beginning with a round of about 14,000 white-collar layoffs in October, Amazon has eliminated roughly 30,000 corporate roles, citing efficiency gains from artificial intelligence and broader cultural changes. The cuts represented nearly 10% of its white-collar workforce, though the majority of Amazon’s approximately 1.5 million employees are hourly workers, particularly in warehouses known as fulfillment centers.

The affected division designs robots and other automation systems used primarily in Amazon warehouses. (M Scott Brauer/Bloomberg via Getty Images)

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In addition to the broader cuts in October and January, Amazon over the past year has pared a smaller number of jobs in its devices and services, books, podcasts and public relations units, among others.

Cracker Barrel reported a drop in quarterly revenue and profit as the company continues to recover from last summer’s rebranding controversy, though CEO Julie Masino says early signs of a turnaround are beginning to emerge.

Speaking during the Tennessee-based restaurant and retail chain’s fiscal second-quarter 2026 earnings call on Wednesday, Masino said that the company is focused on strengthening operations, refining its menu and marketing strategy to better connect with customers, and reducing costs to improve profitability.

“We’re gaining traction and are encouraged by some important guest metrics and green shoots around traffic, and we’re energized in terms of driving improved performance,” Masino said.

Cracker Barrel posted second-quarter revenue of $874.8 million, down 7.9% from a year earlier. 

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A Cracker Barrel sign hangs on the outside of a restaurant on Aug. 21, 2025, in Homestead, Florida. (Joe Raedle/Getty Images)

Comparable restaurant sales fell 7.1%, largely driven by a 10.1% drop in traffic, while comparable retail sales slid 9.2%, according to chief financial officer Craig Pommells.

Net income totaled $1.3 million, a sharp decrease from $22.2 million in the same quarter last year.

Despite the declines, results topped Wall Street expectations.

Masino highlighted improving employee turnover rates and a higher Google star rating as evidence that the company’s turnaround efforts are gaining traction.

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A general view of a Cracker Barrel Country Store in Fishkill, NY, on Monday, August 25, 2025. (Richard Beetham for Fox News Digital)

“We view all of these metrics as important leading indicators and are confident that these gains will translate into improved traffic over time,” she said.

As part of its strategy to win back customers, Cracker Barrel has also reintroduced popular limited-time offerings, including Country Fried Turkey, and added new menu items such as a breakfast burger and Garden and Farmhouse Scrambles.

The company’s loyalty program now has more than 11 million members and accounts for over 40% of tracked sales. Masino said loyalty member traffic has held up better than nonmembers since August.

“We’re committed to operating with excellence, and we’re implementing actions to improve profitability, all to strengthen the business and to return to positive momentum,” Masino said.

CRACKER BARREL CO-FOUNDER SAYS CEO ‘KNOWS VERY LITTLE’ ABOUT THE COMPANY FOLLOWING $700M REBRAND FAILURE

Cracker Barrel CEO Julie Felss Masino walks out of a Starbucks in Nashville, Tennessee, on Aug. 28, 2025. (Zak Bennett for Fox News Digital)

The revenue slump follows backlash last summer after Cracker Barrel announced changes to its logo and store interiors, including removing the “old timer” from its branding. 

The company reversed course less than a week later after complaints from customers.

Masino has previously cautioned that the company’s recovery will take time.

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Cracker Barrel did not immediately respond to FOX Business’ request for comment.

FOX Business’ Eric Revell contributed to this report.