Hengyi 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 …
Iran
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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 …
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Politics
Modi cuts motorcade size to save fuel amid Iran war energy crisis
by Sui Yuitoby Sui YuitoModi Cuts Motorcade to Save Fuel Amid Energy Price Surge Indian PM Modi trims his motorcade to conserve fuel after urging citizens to adopt austerity measures as energy prices spike …
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Politics
Hegseth Defends Pentagon Stockpiles as Iran War Costs Rise to $29 Billion
by Sui Yuitoby Sui YuitoPentagon Chief Defends Munitions as Iran War Cost Rises to $29 Billion Hegseth told Congress the U.S. has munitions for the Iran war as lawmakers pressed on rising costs, $29B …
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Politics
Iran sends reply to US proposal via Pakistan, signals focus on ceasefire
by Sui Yuitoby Sui YuitoIran Sends Response to U.S. Proposal via Pakistan in Talks to End Fighting Iran sends response to U.S. proposal via Pakistan, state media reports; talks to focus on regional cessation …
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Business
Japanese manufacturers secure record credit lines as Iran war disrupts supply chains
by Sato Asahiby Sato AsahiIran war drives Japanese companies to secure record credit lines amid bankruptcy fears Japanese firms are taking emergency credit lines at an unprecedented rate as the Iran war pushes up …