Southeast Asia manufacturers reel as Iran war-driven cost shocks force closures and job losses Southeast Asia manufacturers face rising closures and layoffs as Iran war-driven cost shocks push up input …
Iran
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India Faces 400,000 bpd LPG Supply Gap After Iran War Disruptions India faces a 400,000 barrels-per-day LPG supply gap after Iran war import cuts, straining cooking gas availability and forcing …
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Business
Marcos orders 10 percent spending cuts as Iran war deepens stagflation risk
by Sato Asahiby Sato AsahiMarcos Orders 10% Budget Cuts as Iran War Deepens Stagflation Fears Philippine President Ferdinand Marcos Jr. on May 18, 2026 ordered at least a 10% cut in government spending, saying …
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Politics
Japan’s listed companies report AI-driven profit surge but warn of Iran turmoil
by Sui Yuitoby Sui YuitoAI boom drives strong corporate earnings as Iran turmoil clouds outlook Japanese firms report robust profits on AI boom, but geopolitical risk from Iran and supply-chain strains leave many firms …
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Business
Hengyi Petrochemical builds largest coal-to-chemicals plant as Iran oil tensions rise
by Sato Asahiby Sato AsahiHengyi Petrochemical to build “world’s largest” coal-to-chemicals plant as oil supply worries grow Hengyi Petrochemical says it will build the world’s largest coal-to-chemicals plant to secure supply, citing national security …
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Business
Thailand economy accelerates in Q1 2026 as exports and investment offset Iran war
by Sato Asahiby Sato AsahiThailand GDP growth accelerates in Q1 2026 as exports and investment counter early Iran conflict impact Thailand GDP growth quickened in Q1 2026 as strong exports and rising investment offset …
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Trump Signals Renewed Iran Attack, Says “Time Is Running Out” Trump warned on May 17 that ‘time is running out’ for Iran, threatening renewed attacks as talks stall and the …
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Business
Japanese automakers forecast net profits to halve as Iran war drives costs
by Sato Asahiby Sato AsahiJapanese automakers’ profits set to fall to about half as Iran war pushes up costs Japan’s largest automakers face profits near half peak this fiscal year as the Iran war …
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Business
Trump-Xi summit fails to resolve trade or Iran, drags US stocks
by Sato Asahiby Sato AsahiTrump-Xi Summit Stalemate Sends US Stocks Lower as Inflation, Oil and Yields Weigh US stocks fell after the Trump-Xi Summit ended without breakthroughs; stickier inflation, higher oil and rising Treasury …
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Politics
Trump in Beijing Insists U.S.-China Relations Improving Despite Taiwan and Iran Tensions
by Sui Yuitoby Sui YuitoTrump Visit to China Concludes in Beijing After High-Stakes Talks with Xi Trump’s visit to China in Beijing ends as leaders address Taiwan tensions, the Strait of Hormuz, trade pledges …