Middle East Updates

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

US, Iran trade fresh strikes

The United States struck southern Iran on Thursday, drawing retaliation from Tehran against a US…

Sweden halves price of public transit cards over energy crisis

Sweden will cut the price of monthly public transit passes in half to soften the…

Quad nations to work on stable energy, critical minerals

The foreign ministers of Japan, Australia, India, and the United States agreed on Tuesday to…

US strikes Iran anew as talks begin in Qatar

Washington—US forces attacked missile sites in southern Iran and boats trying to lay mines on…

Trump: No rush on Iran deal  

CAIRO—The United States is close to reaching a deal with Iran that would end the…

BIZ BUZZ: Cebu Pacific braces for tough Q3

Gokongwei-led Cebu Pacific is bracing itself for a tougher-than-usual third quarter this year on the…

Trump: Deal with Iran ‘largely negotiated’

WASHINGTON—US President Donald Trump said on Saturday a deal with Iran had been “largely negotiated,”…

PH GDP growth seen to further slow in Q2

The Philippine economy will likely perform worse in the second quarter, with growth possibly slowing…

Mixed oil price adjustments this week: Gas, diesel up; kerosene down

Oil firms are again raising the price of gasoline this week, this time by P1.21…

UAE nuclear plant hit by drone; US, Iran ready to resume war

DUBAI, UNITED ARAB EMIRATES—A drone strike sparked a fire on the edge of the United…