Middle East Updates

Developments in the Mideast war and its impact on Asia-Pacific

Baguio under calamity state due to fuel crisis

BAGUIO CITY—Residents dealing with long lines at jeepney terminals here on their way home at…

US-Iran ceasefire showing early cracks 

Lebanon declared a national day of mourning on Thursday after Israeli strikes pummeled the country,…

Tehran announces alternative Hormuz routes

Iran announced alternative routes on Thursday for ships traveling through the Strait of Hormuz, citing…

Baguio’s Holy Week arrivals drop by half as fuel prices rise

BAGUIO CITY—The continuous increase in the prices of fuel following the conflict in the Middle…

Iran war fallout: PH foreign reserves fall to 7-month low

The Philippines’ foreign reserves fell to a seven-month low in March, as market turbulence linked…

PSEi rallies back to 6,000 mark on US-Iran ceasefire

Local shares rallied on Wednesday, with the main index reclaiming the 6,000 level, as investors…

Middle East shockwaves hitting property industry–Leechiu

The interest rate-sensitive real estate industry is facing renewed pressure as the Iran oil shock…

Peso firms up to 59:$1 as markets cheer temporary Mideast truce

The Philippine peso strengthened to the 59-per-dollar level on Wednesday, posting its largest gain in…

Solar push helps Pakistan temper energy shock

Pakistan’s solar power push has cushioned the full impact of the war in the Middle…

US, Iran agree to 2-week ceasefire

The United States and Iran agreed to a two-week ceasefire, though with some conditions, on…