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Middle East war: global economic fallout
AFP, Published on 07/04/2026
» PARIS — Here are the latest economic events in the Middle East war:
US fund Pershing Square launches takeover bid for Universal Music
AFP, Published on 07/04/2026
» PARIS — American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the music giant was undervalued by stock markets.
The first pan-Asian prize for comics is launched
Guru, Nianne-Lynn Hendricks, Published on 07/04/2026
» The Monsoon Awards has launched as the first pan-Asian prize dedicated to comics, with its inaugural ceremony set for the 2026 Bangkok Comic Arts Festival, which will be held at BACC from Oct 14-26.
Asian airlines trim schedules and carry extra fuel as supplies tighten
Reuters, Published on 07/04/2026
» HONG KONG/SINGAPORE - Airlines across Asia are cutting flights, carrying extra fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel supply in some countries, adding to pressure on an industry already hit by a sharp jump in fuel costs.
Construction, property shift tactics
Business, Kanana Katharangsiporn, Published on 07/04/2026
» The construction and property sectors are being forced to adjust strategies and build greater resilience to cope with volatile energy prices, as the Middle East conflict drives up both energy and construction material costs, according to Siam Commercial Bank Economic Intelligence Center (EIC).
Iran's water weapon against Gulf
Oped, Michael Christopher Low, Published on 07/04/2026
» The oil-rich monarchies of the Persian Gulf are often described as petrostates. But the US-Israeli war with Iran has highlighted that they are also saltwater kingdoms, societies whose survival depends on desalination, or converting seawater into potable water at industrial scale.
Hopes for early end to war lift sentiment
Business, Maybank Securities Thailand, Published on 07/04/2026
» The war in Iran continues with ongoing attacks by both sides, while Iran's closure of the Strait of Hormuz weighs on investor sentiment.
Gold ticks higher as dollar eases; Iran deal hopes temper oil, inflation concerns
Reuters, Published on 06/04/2026
» Gold prices ticked up in thin European trading as the dollar eased and as markets assessed the impact on oil prices and inflation expectations of a ceasefire proposal in the U.S.-Israel war with Iran.
Iran, US receive plan to end hostilities, immediate ceasefire, source says
Reuters, Published on 06/04/2026
» Iran and the United States have received a plan to end hostilities that could come into effect on Monday and reopen the Strait of Hormuz, a source aware of the proposals said on Monday.