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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.
A woman walks past anti-US graffiti painted on the wall of Tehran University in Iran, on April 25. The war has pushed up inflation and added to the financial burden of already highly indebted countries. Photo: AP
Banking & finance

Macroscope | Why bond yields are going up everywhere

Unlike stock markets, bond markets are signalling a more cognisant and mature appreciation of the state of government finances.

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Kyrgyzstan

Why the Shanghai Cooperation Organisation isn’t Nato for Iran

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China-EU relations

Brussels agrees on tougher China trade policy, as Beijing vows retaliation

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US-China relations

Hegseth at Asia defence gathering, China-EU tensions, Computex

This week: US allies wait to hear from Defence Secretary Pete Hegseth in Singapore, EU works on China trade measures and Huawei announces chip advance. Next week: Computex is held in Taiwan, China reveals PMI, UK foreign minister visits Beijing, and more.

US Secretary of Defence Pete Hegseth. Photo: AFP
Middle East

Outside In | How Trump’s war on Iran is jeopardising Asia’s remittance lifeline

In Gulf economies, lost migrant jobs and remittances risk plunging millions across Asia into crisis.

Central Asia

China’s expanding footprint in Central Asia

From addressing critical water security fears to driving a regional green tech revolution, Beijing is cementing its role as an indispensable partner to Central Asia. This three-part series investigates China’s expanding influence in the region amid global geopolitical uncertainty, exploring how new investments and diplomatic ties are reshaping the Central Asian landscape.

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US-China relations

China, US at ‘historical crossroads’, Beijing’s envoy tells New York gala event

Nixon, Bush and Rockefeller families are among evening’s honorees, along with former Hong Kong leader Tung Chee-hwa.

Ambassador Xie Feng addresses the attendees at the China Institute of America centennial gala in New York on Thursday. Photo: Lucy Quaggin
Middle East

Israel launches deadly strike near Beirut as it widens offensive in Lebanon

Escalating hostilities in Lebanon strain a fragile ceasefire ahead of crucial negotiations in Washington.

Donald Trump

US boasts viable Iran deal: no nuclear weapons, Hormuz open. Will Trump agree?

US president said to be weighing proposed deal as fragile ceasefire holds after renewed strikes and Iranian retaliation.

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United States

US key inflation gauge worsens, eroding Americans’ income, spending power

Inflation of 3.8 per cent in April was the highest since May 2023 amid high petrol prices and food costs.

Supermarket shoppers in Chicago, the US earlier this month. Photo: Getty Images via AFP
China energy security

Stockpiles, distribution hubs: inside China’s drive to Hormuz-proof its economy

Beijing is bolstering strategic reserves and accelerating the buildout of distribution hubs, as China rushes to adapt to the Middle East crisis.

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Chinese Premier Li Qiang (second left) quizzes officials about an oil reserve facility during his trip to China’s eastern Zhejiang province earlier this week. Photo: Xinhua
Commodities

Gold continues decline as inflation fears outweigh hope of end to Iran war

The metal is down nearly 20 per cent from its all-time high in January as investors focus on the Federal Reserve’s plans to combat inflation.

Middle East

Israel declares new swathe of Lebanon ‘a combat zone’, imperilling ceasefire

Israel extends combat zone north in the first such sweeping warning since the April 16 ceasefire.

Israel

Israel’s Lebanon strikes challenge Trump’s Iran talks amid Hezbollah’s defiance

Israel’s offensive aimed at weakening the group complicates US-Iran peace efforts, analysts say.

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Smoke rises from the site of an Israeli strike near the southern Lebanese city of Tyre on Wednesday. Photo: AFP
Middle East

Iran, US reach outline ceasefire deal after latest air strikes: report

US military downs five drones and hits a ground station, triggering Iranian retaliation.

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An anti-US billboard in Tehran depicting US President Donald Trump and the Strait of Hormuz. Photo: AFP
Transport and logistics

Polar shipping era: China, South Korea bypass old trade lines amid Hormuz crisis

Passage through the waters could reduce transit times to Europe, offering an alternative to traditional routes amid rising geopolitical risks.

Central Asia

As Iran war stokes water security fears, Central Asia could turn to China

Nations facing chronic water shortages might look to Chinese investment to upgrade their creaking Soviet-era infrastructure, observers say.

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Donald Trump

Trump appears to threaten to ‘blow up’ Oman, after question on Iran and Hormuz

Asked if he would accept a deal to allow Iran and US ally Oman to control the strait, Trump said the Gulf state must ‘behave’.

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US President Donald Trump points his finger during a cabinet meeting at the White House on Wednesday. Photo: Reuters
Middle East

Israel pounds Lebanon with heaviest bombing in weeks, expands ground operations

Strikes kill and wound dozens as Israeli forces push beyond the ‘Yellow Line’ in southern Lebanon.

China-Latin America relations

Panama encourages dialogue at UN as canal tensions with China simmer

Panama’s foreign minister uses UN speech to help defuse tension after deterioration in Panama-China relations due to canal dispute.

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US-China relations

China’s Wang Yi tells UN multilateralism must be protected in swipe at US

Beijing’s top diplomat says ‘world peace and security are in great jeopardy’ and that UN Charter should be safeguarded at all costs.

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Chinese Foreign Minister Wang Yi speaks to reporters at the United Nations headquarters in New York on Tuesday. Photo: AP
Iran

Iran restores partial internet access after record months-long blackout

The shutdown was imposed after US and Israeli air strikes on Iranian leaders and infrastructure began in February.

A woman wears a mask featuring a Wi-Fi symbol to protest against internet censorship in Iran during a demonstration in Frankfurt on May 16. Photo: dpa
Iran

Tanker hit by explosion near Hormuz hours after US strikes on Iran

The incident, in the Gulf of Oman about 60 nautical miles east of Muscat, was an ‘external explosion’, UKMTO said.

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Iran

US hits Iran with fresh strikes amid negotiations to end war

Marco Rubio insists a deal with Iran remains within reach after the US military claimed its attacks were in ‘self-defence’.

Middle East

Israel steps up Lebanon strikes to ‘crush’ Hezbollah

Netanyahu pledges to intensify Israeli firepower, citing drone threats since April 17 ceasefire.

A drone with fiber-optic cable attached flies over the border from Lebanon to Israel. Photo: Reuters
Fifa World Cup 2026

Mexico’s president sees ‘no issue’ with her country hosting Iran World Cup team

Claudia Sheinbaum said she was told by Fifa the US was reluctant to have the Iranian team spend time outside the matches on US territory.

Mexico’s President Claudia Sheinbaum at the National Palace in Mexico City on Monday. Photo: Luis Barron / eyepix via ZUMA Press Wire / dpa
Iran

Iran signals moves to reconnect to global internet after wartime blackout

Presidential decree aims to restore connectivity to its pre-war state after almost 90 days of digital isolation.

Middle East

Trump now ties Iran deal to major expansion of Abraham Accords

US president suggests Saudi Arabia, Pakistan and other regional powers normalise ties with Israel to secure peace.

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