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US-Israel war on Iran

US-Israel war on Iran
Latest news and updates on the US and Israel's strikes on Iran, in which Supreme leader Ayatollah Ali Khamenei was killed, and Iran's responses.
Photo: AFP
Yuan

China’s US Treasuries slump may not be what it seems

A reduction in China’s direct holdings of US government debt may be partly offset by the nation holding Treasuries via third parties.

Aviation

Spirit collapsed under high fuel costs. Some Asian airlines could be next

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Yuan

China joins global sell-off of US Treasuries in March as Iran war prompts panic

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Hong Kong property

Hong Kong property upswing poised to hold despite interest rates risk: Moody’s

Lower mortgage rates, surging rents and demand from talent inflows and buyers from mainland China to sustain recovery, agency says.

Home prices are expected to increase in 2026, according to Moody’s. Photo: Sam Tsang
Donald Trump

Trump calls off new Iran attack at request of Gulf states

US president signals possible Iran breakthrough as ‘serious negotiations’ continue to end conflict.

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United States

US extends Russian oil waiver by 30 days as Hormuz closure chokes supply

US Treasury secretary says reprieve will allow energy-vulnerable nations to access Russian seaborne oil.

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Kenya

Kenya protesters block roads in nationwide public transport strike over fuel

In Nairobi, demonstrators burn tyres on key roads, with both the Iran war and corruption cited for rising petrol and diesel costs.

A protester in Nairobi reacts next to a burning barricade on a road blocked with stones to prevent traffic from passing during a nationwide transport strike over rising fuel prices on Monday. Photo: AFP
China-Middle East relations

Why Iran’s choice of Beijing envoy signals an ‘unprecedented’ commitment

Prominent hardliner Mohammad Bagher Ghalibaf, speaker of Iran’s parliament, is a veteran of peace talks with the US.

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2026 Xi-Trump summit

Xi-Trump summit outcomes

US President Donald Trump touted his ‘successful’ meeting with Chinese counterpart Xi Jinping last week. While the leaders projected optimism, differences in their summaries of what was agreed hinted at tensions over the Iran war, trade and Taiwan.

Iran

How does the Strait of Hormuz stand-off look in the wake of Trump-Xi summit?

The US and Iran are both considering their next moves as the deadlock over the key shipping route continues.

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Iran is looking to tighten its control over the key shipping route. Photo: Getty Images
Middle East

Israel strikes kill at least 7 in Lebanon as Hezbollah denounces US-brokered talks

Despite a ceasefire, Israel continues to strike widely in southern Lebanon as it targets Hezbollah.

An Israeli strike in Zebdin, Lebanon on Sunday. Photo: Reuters
War and conflict

Drone strike sparks fire on edge of UAE nuclear power plant complex

UAE investigates the source of drone attack, as Trump warns the ‘clock is ticking’ for Iran.

India-Pakistan tensions

Why India, Pakistan cannot afford another war right now

Hardline Indian political figures appear to be signalling a thaw in New Delhi-Islamabad ties is imminent, analysts say.

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Hong Kong economy

How can Hong Kong seize opportunities as US-China relations stabilise?

InvestHK chief says city must adapt to changing international order while chamber boss suggests firms build cross-regional strategies.

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Victoria Harbour in Hong Kong. InvestHK is tasked with attracting enterprises to set up or expand their operations in the city. Photo: Jelly Tse
China’s private sector

‘Explosive’: why China’s gold recycling industry is growing at record speed

More than half of the country’s gold recycling firms are less than three years old.

A woman shows a gold bar before selling in a smart gold store machine placed in a shopping mall in Shanghai on January 29. Photo: AFP
Diplomacy

Opinion | How China is making the most of the US’ faltering global leadership

As the US’ latest foreign adventures weaken American legitimacy, the world needs a political force that can act as a neutral arbitrator.

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Singapore

Is China’s new mediation body gaining steam as Western brokers’ influence wanes?

Summit encourages countries to join Beijing-led initiative as stalled US-Iran peace talks reveal limits of traditional solution mechanisms.

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India

Iran war fallout triggers massive biofuel shift across Asia

Asia was first and hardest hit by fossil fuel disruptions caused by the Iran war’s closure of the Strait of Hormuz.

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A technician works on the top deck of a distillery at Bajaj Hindustan Sugar factory that produces ethanol in August 2023. Photo: AP
2026 Xi-Trump summit

Trump leaves China after much pomp and pageantry, but little to show for it

US president’s much-anticipated summit with Xi Jinping in Beijing resulted in more fanfare than concrete policy change, analysts say.

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Middle East

Lebanon and Israel extend ceasefire despite new strikes

The US State Department will soon hold further negotiations aimed at reaching a permanent political agreement between the two countries.

Hong Kong economy

IMF lauds resilient Hong Kong economy, but warns of risks linked to Mideast war

International body also urges city to pursue medium-term financial reforms, such as introducing goods and services tax, to boost revenue.

A concluding statement by an IMF mission that visited Hong Kong forecast that the city’s GDP growth would slow to 2.4 per cent this year. Photo: Jelly Tse
US-China relations

As I see it | Beijing had already won before the Trump-Xi summit even started

There’s a lesson for the US president in Napoleon’s invasion of Russia in the early 19th century.

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US President Donald Trump (bottom right) shakes hands with Chinese President Xi Jinping upon arriving at the Great Hall of the People in Beijing on May 14. Photo: Reuters
Diplomacy

Outside In | Xi-Trump summit aside, 2 meetings in Asia matter for global trade

As Trump travelled to Beijing for the kind of bilateral dealmaking he prefers, two groups have continued their multilateral efforts.

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China exports

Australian trade minister to visit China to secure fuel during Iran war crunch

Beijing tightened jet fuel exports after the war broke out, forcing Canberra to seek alternative suppliers.

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2026 Xi-Trump summit

After Xi-Trump, China tech stocks retreat as market weighs ‘fantastic’ deals

Mainland benchmarks slip as investors lock in profits following Beijing summit, while analysts say the lack of specific deal terms suggests a deterioration ‘freeze’.

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US President Donald Trump shakes hands with his Chinese counterpart Xi Jinping during his state visit to Beijing on May 14, 2026. Photo: Pool via Reuters
US-China relations

Editorial | Xi-Trump summit in Beijing heralds start of constructive, stable relations

Through the meticulously planned welcome ceremony and Xi Jinping’s remarks, Beijing has emphasised the importance of stable bilateral ties to the world.

Children greet Chinese President Xi Jinping and Donald Trump at the welcome ceremony for the US president outside the Great Hall of the People prior to their talks in Beijing, China, on May 14. Photo: Xinhua
Middle East

US casts first day of Israel-Lebanon talks as ‘positive’

Fighting between Israel and Hezbollah continues in Lebanon as officials hold high-stakes talks ahead of Sunday deadline.

Brics

Opinion | Brics is less a structure than a sentiment

Despite lacking geopolitical alignment, Brics captures a prevailing mood among emerging economies that won’t fade away any time soon.

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