Private-sector economists are divided over the trajectory of Philippine inflation in July, though they broadly agree that lingering climate risks, geopolitical tensions, and a weaker peso will compel the central bank to keep interest rates elevated. Forecasts for July headline consumer prices span...
CAIRO (AP) — Jordan’s air defenses shot down five missiles launched from Iran Thursday morning, the country 's state-run Petra news agency said, hours after the U.S. military announced it had completed “a heavy wave of strikes against Iran” in response to an earlier Iranian missile...
BAGHDAD (AP) — The U.S. military said early Thursday it had completed “a heavy wave of strikes against Iran” conducted in response to an earlier Iranian missile attack on a U.S. base in Jordan. The latest barrage came after the U.S. partnered with Saudi Arabia to strike Iran-backed militias...
WASHINGTON (AP) — The Pentagon said a new, separate category was created in its official casualty system to account for those killed and wounded in the renewed U.S.-Iran fighting because "Operation Epic Fury," the military 's name for combat operations against Tehran, has ended. The Defense...
JERUSALEM (AP) — Bahrain activated its sirens early Friday, warning residents to shelter from detected fire hours after the U.S. military said it had wrapped up its 13th night of strikes against Iran. The Gulf states have come under frequent fire over the past week as the U.S. and Iran exchange...
DUBAI, United Arab Emirates (AP) — Iran attacked a tanker in the Strait of Hormuz early Tuesday, forcing its crew to abandon the ship even as the United States conducted yet-another round of airstrikes targeting the Islamic Republic over control of the key waterway. The 10 consecutive nights of...
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...
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...
