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Iran war's global energy crisis sharpens China’s advantage in clean tech

Iran war's global energy crisis sharpens China’s advantage in clean tech

The war in Iran is sharpening China’s advantage in promoting a renewable energy future, as oil disruptions expose the fragility of fossil fuel systems
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US, Australia, Philippines hold second joint drills in South China Sea this year

US, Australia, Philippines hold second joint drills in South China Sea this year

MANILA, April 13 (Reuters) - The U.S. and Australia joined the Philippines for their second joint maritime exercises in the South China Sea this year, amid tensions with China in the disputed waterway.
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IOI Corporation Launches Pre-Employment Orientation to Enhance Worker Rights

IOI Corporation Launches Pre-Employment Orientation to Enhance Worker Rights

IOI Corporation Launches Pre-Employment Orientation to Enhance Worker Rights
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President Trump's Trade Policies and China's Biotech Growth Challenge Europe's Pharma Industry

President Trump's Trade Policies and China's Biotech Growth Challenge Europe's Pharma Industry

President Trump's Trade Policies and China's Biotech Growth Challenge Europe's Pharma Industry
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U.S. Efforts to Restore Navigation in Strait of Hormuz Amid Rising Tensions

U.S. Efforts to Restore Navigation in Strait of Hormuz Amid Rising Tensions

The United States is actively working to restore freedom of navigation in the Strait of Hormuz, a critical international sea passage. This effort comes amid rising tensions with Iran, which has closed the strait, affecting global trade and economic stability. The U.S. Navy has begun operations to clear mines laid by Iran's Revolutionary Guards, with additional forces and underwater drones joining the effort. The situation is being closely watched by global powers, including China, as the U.S. seeks to maintain its naval reputation and influence in the region.
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Oil Tankers Navigate Strait of Hormuz Amid US-Iran Ceasefire, Easing Global Energy Tensions

Oil Tankers Navigate Strait of Hormuz Amid US-Iran Ceasefire, Easing Global Energy Tensions

Three supertankers carrying oil have successfully navigated the Strait of Hormuz amid a fragile ceasefire between the United States and Iran. This development comes after Iran's blockade of the strait, a critical chokepoint for global oil and liquefied natural gas shipments, which had significantly disrupted energy supplies and driven up oil prices. The tankers, including the Liberia-flagged VLCC Serifos and China-flagged VLCCs Cospearl Lake and He Rong Hai, bypassed Iran's Larak Island and are en route to destinations in Malaysia and China. The ceasefire has allowed hundreds of tankers, previously stuck in the Gulf, to begin exiting the area, although many remain waiting for clearance.
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J Express Reports 26.2% Increase in Parcel Volume, Driven by Southeast Asia Growth

J Express Reports 26.2% Increase in Parcel Volume, Driven by Southeast Asia Growth

J Express Reports 26.2% Increase in Parcel Volume, Driven by Southeast Asia Growth
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China's exports set to lose momentum as Iran war undercuts AI-driven boom: Reuters poll

China's exports set to lose momentum as Iran war undercuts AI-driven boom: Reuters poll

BEIJING, April 13 (Reuters) - China's export engine likely slowed in March as buyers chasing an AI-fuelled future confront the hard reality of war https://www.reuters.com/world/iran/ in the Middle East, which has sparked an energy shock and revived market anxiety of past Gulf conflicts.
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Philippines warns of 'sabotage' after cyanide seizure in disputed South China Sea atoll

Philippines warns of 'sabotage' after cyanide seizure in disputed South China Sea atoll

MANILA, April 13 (Reuters) - The Philippines discovered cyanide on Chinese boats operating around a disputed atoll in the South China Sea, security officials from the country said on Monday.
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TSMC Reports 45% Year-on-Year Revenue Increase, Expands U.S. Operations

TSMC Reports 45% Year-on-Year Revenue Increase, Expands U.S. Operations

TSMC Reports 45% Year-on-Year Revenue Increase, Expands U.S. Operations
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Stocks mostly rise and oil prices hold steady ahead of planned US-Iran talks

Stocks mostly rise and oil prices hold steady ahead of planned US-Iran talks

Stocks are opening mostly higher on Wall Street and oil prices are holding steady amid a shaky ceasefire agreement between the U.S. and Iran
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Indonesia's Regulatory Changes Prompt Billionaire to Sell Stakes in Companies

Indonesia's Regulatory Changes Prompt Billionaire to Sell Stakes in Companies

Indonesia's richest man, Prajogo Pangestu, has begun selling small stakes in his listed companies in response to new regulatory requirements aimed at increasing ownership transparency. The Indonesia Stock Exchange has mandated that listed companies must increase their shares available for public trading, known as 'free float', to 15 percent. This move is part of a broader effort to prevent a potential downgrade to frontier market status by MSCI, which could lead to foreign capital outflows. Pangestu sold a 0.56 percent stake in his coal and mining holding company, Petrindo Jaya Kreasi, and a fraction of his stake in Barito Renewables Energy. These actions are in line with the new regulations that require firms to adjust their ownership structures by May to avoid market repercussions.