Asia-Pacific’s (APAC) relative insulation from the Middle East conflict has singled out the Philippines and Indonesia as laggards as external headwinds are exacerbated by domestic turmoil, according to Allianz Research. Allianz Research said in its half-time outlook report published last week...
DUBAI, United Arab Emirates (AP) — The United States attacked Iran early Sunday morning over an Iranian strike on a vessel in the Strait of Hormuz that set the container ship ablaze and forced its crew to abandon it. Iran responded with attacks targeting several countries in the Gulf, including...
WASHINGTON (AP) — President Donald Trump is suggesting he has left standing orders for the U.S. military to destroy Iran " at levels they 've never seen before " if Tehran follows through on its long-standing threats to kill him. But the U.S. government has no way to create an automatic,...
DUBAI, United Arab Emirates (AP) — Iran said it considers the Strait of Hormuz closed once again after a vessel using an 'unauthorized route ' was struck by a warning shot in the critical waterway, further jeopardizing the already tenuous ceasefire agreement with the United States. ...
The Philippines, through the Department of Foreign Affairs (DFA), on Saturday, July 11, expressed deep concern over the recent developments between the United States and Iran, urging all parties to exercise restraint and return to diplomacy to prevent further escalation of tensions. In a statement,...
DUBAI, United Arab Emirates (AP) — The United States launched new airstrikes against Iran early Thursday, and Tehran responded by hitting Bahrain, Kuwait and Qatar in crossfire that again threatened an interim deal intended to help end the war in the Persian Gulf. The strikes came hours after...
NEW YORK (AP) — Oil prices are rising, and stock markets are falling worldwide Wednesday after President Donald Trump raised doubts about the temporary truce in the war with Iran. The S&P 500 fell 0.5% after Trump said the agreement to pause fighting was "over," though he added that he would...
The Washington-based International Monetary Fund (IMF) has further lowered its 2026 and 2027 economic growth forecasts for the Philippines on the assessment that the country sustained deeper wounds from the Middle East war. According to the July update of the IMF’s flagship World Economic Outlook...
ANKARA, Turkey (AP) — President Donald Trump said Wednesday that the U.S. will give a license to Ukraine to manufacture Patriot air defense systems to help counter Russian missile attacks, a huge coup for Ukraine which has badly needed the technology for the war now in its fifth year. "We...
DUBAI, United Arab Emirates (AP) — President Donald Trump warned Iran on Wednesday that the U.S. was preparing for another night of strikes, just hours after he said the ceasefire was over following Iranian attacks on American military sites in the Persian Gulf. Trump renewed his past threats to...
The road to a fourth straight FIBA World Cup appearance became significantly tougher for Gilas Pilipinas after going winless in the final two windows of the Asian Qualifiers ' first round. Although the Nationals still advanced to the second round, where they will face the top three teams from...
TEHRAN, Iran (AP) — A performer at the funeral for Iran 's late Supreme Leader Ayatollah Ali Khamenei called for the death of U.S. President Donald Trump before a crowd of hundreds of thousands of people Sunday in the capital, Tehran. The comment represents the first, direct call for Trump...
