Potential United States (US) tariff hikes on Philippine exports pose a fresh threat to the peso, which has remained among Asia’s weakest-performing currencies since geopolitical tensions flared up in the Middle East in late February. Trading this week showed the local currency on the verge of...
DUBAI, United Arab Emirates (AP) — The United States expanded its airstrike campaign against Iran early Friday by increasingly hitting bridges, part of President Donald Trump 's threats to start striking infrastructure to pressure Tehran to ease its chokehold on the Strait of Hormuz....
DUBAI, United Arab Emirates (AP) — The United States intensified its strikes targeting Iran early Thursday, hitting targets further north as American forces also fired into a ship it accused of trying to break its naval blockade on the Islamic Republic. Iran retaliated with missile and drone...
WASHINGTON (AP) — Senate Democrats blocked a $1 trillion annual defense bill Tuesday, refusing to advance the bipartisan package that would substantially increase Pentagon spending, including a pay raise for the troops, in protest of President Donald Trump 's war against Iran. Senate...
DUBAI, United Arab Emirates (AP) — The U.S. military early Wednesday reimposed a blockade on Iranian ports over Tehran’s attacks on ships trying to pass through the Strait of Hormuz, sparking new strikes on nations hosting American forces as an interim deal to end the war further unraveled....
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...
