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Since the pandemic, private equity funds focused on Asia have struggled to raise money, as the industry sat on massive unsold assets and idle dry powder.
Iran has allowed Malaysian ships to pass through the Strait of Hormuz, Malaysia’s leader said, amid the global energy crunch driven by the United States and Israel’s war with Tehran.
Un aficionado de Irán sostiene una bufanda antes de un partido de cuartos de final de la Copa Asiática ante Japón en Al Rayán, Qatar, el 3 de febrero de 2024 (AP Foto/Hussein Sayed, archivo)
Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran.
The United Arab Emirates has told allies that it would join a multinational maritime task force aimed at reopening the Strait of Hormuz as it suffers from Iran's curb on the waterway, according to a report by the Financial Times.
Hong Kong authorities crack down on yet another local case of contraband fuel amid oil price surge caused by US-Israel war against Iran
From a fuel crisis gripping Southeast Asia to an elderly Chinese man’s undying love, here are highlights from SCMP’s recent reporting
Attendees cheer as White House Border Czar Tom Homan exits the stage during Conservative Political Action Committee at Gaylord Texan Resort and Conference Center, Thursday, March 26, 2026, in Grapevine, Texas. (Shafkat Anowar/The Dallas Morning News via AP)
U.S. Secretary of State Marco Rubio arrives at Paris-Le Bourget Airport, in Le Bourget, France, early Friday, March 27, 2026, to take part in the G7 foreign ministers’ meeting. (Brendan Smialowski/Pool Photo via AP)
Price gains accelerated in February, according to official government index, but interest-rate risk looms, analysts say
Talks between Washington and Tehran must involve nuclear concessions and a regional ceasefire, Middle East expert says
In September, Pakistan Prime Minister Shehbaz Sharif and army chief Asim Munir met with Donald Trump in the Oval Office. (Supplied: The White House/Daniel Torok)
MANILA, Philippines — Diesel and gasoline prices will increase again next week although at a slower pace as discussions between the US and Iran are ongoing to de-escalate the war in the Middle East, a local industry source said on Friday.
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A US-Israeli attack on a residential area in the Iranian city of Qom has killed at least six people, with the deputy governor indicating that the number of those wounded remains unknown.
US military stockpiles are under strain as a result of Iran war, Washington Post reports; Volodymyr Zelenskyy meets Saudi crown prince in Jeddah. What we know on day 1,493
This is AI generated summarization, which may have errors. For context, always refer to the full article.
Un costal de fertilizante listo para su uso en la parcela de Elizabeth Wangua, el miércoles 25 de marzo de 2026, en Limuru, Kenia. (AP Foto/Jackson Njehia)
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Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran.
US president says he is extending deadline for strait of Hormuz to reopen to 6 April; Houthis tell Lloyd’s List ‘no reason’ to prevent Saudi oil using Red Sea route
Many Iranian launchers are destroyed, but remaining missiles are hitting targets with more precision
A trickle of cargo ships and tankers – mostly Iranian, but some from Thailand and China – have made it through the strait since the war began
Farmers around the world are running short of fertilizer because of the war in Iran, which could make food more expensive later this year.
The Pentagon is reportedly considering a plan to send an additional 10,000 troops to the Middle East amid the war with Iran.
NEW YORK — Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran.
Oil prices fell on Friday after President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz this week as a "present" to the United States, signaling a tentative easing of tensions in the critical shipping chokepoint.
WASHINGTON, D.C. — US President Donald Trump on Thursday pushed back his deadline for strikes on Iran's energy assets to April 6, saying the move came following a request from Tehran and that talks on ending the war were "going very well."
The chairman of the Joint Chiefs of Staff has attended a multinational military meeting to discuss the safety of maritime navigation in the Strait of Hormuz, a JCS official said Friday, as Iran has effectively blocked the key oil trade route amid a prolonged Middle East conflict.
Mercedes driver Andrea Kimi Antonelli of Italy works with his team members in the garage in Suzuka, central Japan, Thursday, March 26, 2026, ahead of Sunday’s Japanese Formula One Grand Prix race. (AP Photo/Hiro Komae)
El presidente Donald Trump durante una reunión de gabinete en la Casa Blanca, el jueves 26 de marzo de 2026, en Washington. (AP Foto/Alex Brandon)
The Israeli army said it completed a large-scale wave of attacks in Iran, following reports of explosions sounding off in the central and eastern parts of Tehran.
Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Al-Saud chairs a consultative meeting of foreign ministers from a group of Arab and Islamic countries in the Saudi capital, Riyadh, Thursday, March 19, 2026. (AP Photo/Baraa Anwer)
Iranian Foreign Minister Abbas Araghchi during a call with UN chief Antonio Guterres said that the country's blocking of vessels in the Strait of Hormuz is Tehran's legal right.
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Washington: While Donald Trump continues to lash Australia for supposedly failing to assist the US with the war against Iran, Kurt Campbell believes Canberra has handled the matter pretty much perfectly.
Major media’s coverage of the Iran war is a disgrace, an endless wave of Trump-deranged journalistic malpractice emphasizing every difficulty in the US-Israeli effort, but it was still a shock to see The Economist opt for a cover headlined “Advantage Iran.”
US President Donald Trump said Thursday that he will extend his pause on US military strikes on Iran's energy infrastructure by 10 days to 8 p.m. on April 6 at the request of the Islamic Republic.
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Israeli opposition leader Yair Lapid said on Thursday that the Israeli government is fighting a multi-front war “without strategy” and with “far too few soldiers”.
President Donald Trump speaks during a Cabinet meeting at the White House, Thursday, March 26, 2026, in Washington. (AP Photo/Alex Brandon)
Spending on ‘hanami’ picnics drops as rising living costs, Iran war fears and weather woes threaten to dampen this year’s festivities
Iran's late Supreme Leader Ali Khamenei has been killed, but the regime is continuing to cause chaos in the Middle East as it retaliates against the US-Israeli-led attack one month ago. Source: SBS, Getty
Speaking alongside Energy Minister Chris Bowen (right) on Friday, Prime Minister Anthony Albanese said the country's fuel supply looked good for the short term, but the US-Israel war on Iran was affecting Australia. Source: AAP / Mick Tsikas
Asia-Pacific markets were set to open lower Friday following a volatile session on Wall Street overnight, as investors continued to parse the contradictory messaging on the Middle East from the U.S. and Iran.
Auto news: Will Australians spend over $100,000 on a Chinese car?
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Yemen’s Houthi rebels said Thursday that they are ready to stand with Iran against the US and Israel, threatening to open a new front along the Red Sea that serves as a key global trade route.