Japanese 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 …
war
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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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Business
ICC Confirms Arrest Warrant for Senator Ronald Dela Rosa Over Drug War
by Sato Asahiby Sato AsahiICC Unseals Arrest Warrant for Ronald Dela Rosa After Months of Secrecy ICC confirms it unsealed a sealed arrest warrant for Senator Ronald Dela Rosa, accused as a co‑perpetrator in …
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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 …
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Business
Singapore banks raise allowances and scrutinize loan books amid Iran war
by Sato Asahiby Sato AsahiSingapore banks shore up buffers as OCBC raises allowances amid Middle East conflict Singapore banks boost provisions as OCBC raises allowances to shield against Middle East conflict fallout amid weakening …
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Business
ASEAN ministers pledge stronger energy and food security response to Iran war
by Sato Asahiby Sato AsahiASEAN Response to Iran War: Ministers Pledge Energy, Food and Humanitarian Measures in Cebu ASEAN foreign and economic ministers pledged a coordinated ASEAN response to Iran war at a meeting …
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Business
Axpo CEO warns nuclear revival faces cost, regulatory barriers despite Iran war
by Sato Asahiby Sato AsahiAxpo CEO Says Nuclear Renaissance Unlikely Amid Cost and Regulatory Hurdles Axpo CEO Christoph Brand warns a nuclear renaissance is unlikely as high costs, regulatory barriers and geopolitical shocks reshape …
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Business
ASEAN Summit in Philippines Seeks to Mitigate Iran War Economic Impact
by Sato Asahiby Sato AsahiASEAN Summit in Cebu to Focus on Iran War Fallout, Food Prices, Myanmar and South China Sea At the ASEAN Summit in Cebu, leaders will confront the economic fallout from …
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Business
Asian Local-Currency Debt Surges as Iran War and US Rates Boost Issuance
by Sato Asahiby Sato AsahiAsia local currency debt market posts record issuance as Hong Kong, Singapore and Australia see surge Asia local currency debt market posts record issuance as Iran war, rising U.S. rates …