The Latest Breaking News from Asia

The Guardian view on India’s Iran shock: Asia’s neoliberal era starts to fracture

Editorial: Narendra Modi’s austerity appeals reveal how war, energy insecurity and dollar pressures expose the fragility of globalisation

The Guardian - UK · May 18

The Iran War Has Cost Global Companies At Least $25 Billion, Report Shows

Reuters reported Monday that at least 279 publicly listed companies in the United States, Europe, and Asia have cited the war as a reason for defensive financial moves.

International Business Times · May 18

Giant Dinosaur Skeleton Found In Thailand, The Nagatitan, May Be The Largest Dinosaur Of The Region

A local man in Thailand found strange looking rocks. He called a team to study them, and as it turns out, they were dinosaur bones. After years of research, this discovery was announced the largest ever sauropod in Southeast Asia. The full story is in the article.

Bored Panda · May 18

Iran war saddles global companies with $25 billion bill and counting

Global companies face significant financial strain due to the U.S.-Israeli war with Iran. Businesses are grappling with escalating oil prices and disrupted supply chains. This conflict has already cost businesses billions, with more impacts expected. Airlines and automakers are among those warning of profit reductions. The situation is affecting industries…

The Economic Times · May 18

Rupee hits record low of 96.18 vs USD as rising yields add to oil shock

The Indian rupee hit a new all-time low against the dollar on Monday, plummeting to 96.18. Soaring global bond yields, fueled by elevated energy prices from the Iran war, have weakened investor confidence. This marks the rupee's fifth consecutive session of record lows, making it Asia's worst-performing currency this year.

The Economic Times · May 18

Global Market Today: Asian shares slip, oil prices pile pressure on bonds

Asian markets declined Monday. Drone attacks in the Gulf boosted oil prices and bond yields. Investors anticipate Nvidia's earnings report this week, which could impact the AI boom. G7 finance ministers are meeting to discuss the Strait of Hormuz and raw material supplies. High energy costs are driving inflation concerns…

The Economic Times · May 18

North America, NE Asia, Latin America account for over 35 pc of India's exports in FY26

India's exports reached USD 441.78 billion in 2025-26. North America, North-East Asia, and Latin America together accounted for over 35 percent. Exports grew significantly in Asia, Africa, and Latin America. North-East Asia saw a surge of 21.6 percent. Indian exporters penetrated 1,821 new principal commodity products. Advanced engineering and industrial…

The Economic Times · May 17

‘It’s no longer exceptional’: Karachi struggles under brutal new reality of extreme heat

Experts say the unseasonably hot weather across south Asia shows the impact of the climate crisis

The Guardian - UK · May 17

Europe lacks everything needed to make its stock market a winner

European stocks have lost their momentum as investors shift focus from cheaper regional equities to the AI boom and seek refuge from a global energy shock. Europe's economic vulnerability to inflation and supply chain disruptions, coupled with a lack of AI-centric companies, has led to a significant underperformance compared to…

The Economic Times · May 16

Vishay Intertechnology Q1 Earnings Call Highlights

Vishay Intertechnology (NYSE:VSH) reported first-quarter 2026 revenue above its guidance range and said broad-based demand improvements, stronger bookings and capacity investments under its Vishay 3.0 strategy are positioning the company for faster growth as markets recover. President and Chief Exe

MarketBeat · May 15