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...
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...
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...
DUBAI, United Arab Emirates (AP) — Iran 's paramilitary Revolutionary Guard launched drone and missile attacks Sunday targeting Bahrain and Kuwait in response to U.S. airstrikes that hit the Islamic Republic, and threatened a "complete halt" could come to negotiations to end the war if...
EVIAN-LES-BAINS, France (AP) — Leaders at the Group of Seven summit on Wednesday threw their support behind U.S. President Donald Trump 's tentative agreement with Iran to open the Strait of Hormuz and further extend a shaky ceasefire — even though he 's offered scant specificity...
DUBAI, United Arab Emirates (AP) — Iran 's top diplomat said Tuesday that the tentative deal to end the war with the United States would require Israel to withdraw from Lebanon — a condition Israel has already rejected and that could sink the agreement, leading to the resumption of all-out...
DUBAI, United Arab Emirates (AP) — An initial agreement between the United States and Iran to extend their shaky ceasefire inched toward a formal signing despite questions Monday over the fate of Tehran 's nuclear program and an offensive by Israel in Lebanon that could prolong the fighting...
JERUSALEM (AP) — The Israeli military said it launched strikes on Beirut on Sunday targeting Hezbollah infrastructure, despite ongoing efforts to negotiate an end to the U.S.-Iran war. Smoke could be seen rising over the Lebanese capital. The office of Israeli Prime Minister Benjamin Netanyahu...
ISLAMABAD (AP) — The United States and Iran once again appear close to a deal to end the war and open the Strait of Hormuz. Pakistani Prime Minister Shehbaz Sharif said Saturday that a deal aimed at ending the war in the Middle East is closer than ever before and expected to be finalized within...
ISLAMABAD (AP) — Key mediator Pakistan on Saturday said a deal to end the Iran war was closer than ever and U.S. President Donald Trump asserted it would be "signed tomorrow," while Iran made some of its most optimistic statements yet but indicated a bit more time was needed. Trump said the...
WASHINGTON (AP) — President Donald Trump has long been looking for this weekend to be a big one for his presidency. The World Cup returns to the U.S. on Friday for the first time in 32 years after Trump threw himself into winning the bid to co-host the soccer tourney during his first term. He...