The report comes as governments across Asia are grappling with an...
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Allianz leads race for HSBC Life Singapore
HSBC had shortlistedAllianz, Sumitomo Life Insurance Co. and...
Emirates adds War Cover amid gulf rebound
The product includes medical coverage for conflict-related...
Iran warns of “decisive” response over deployment of French, British warships in Strait of Hormuz
This latest communication comes amid reports that Tehran has formulated a "14-point plan" intended to counter the US-supported "nine-point peace plan".The Iranian proposal reportedly outlines a three-stage roadmap, which includes a 30-day phase designed to transition...
Spanish health authorities move to evacuate passengers from infected ship
All passengers on the luxury cruise ship MV Hondius are considered high-risk contacts as a precautionary measure, Europe's public health agency said late on Saturday as part of its rapid scientific advice, adding that the risk to the general population remains low....
Toyota Motor Corporation flags $4.3 bn war hit on supply shocks
Toyota Motor Corporation reported a nearly 50% drop in quarterly earnings and expects full-year profit to fall about 20% as war-driven costs and supply disruptions bite.Hybrid sales are set to exceed 5 million units for the first time, reflecting strong demand for...
Asia heatwaves compound economic strain amid oil shock
“Food inflation in Asia is set to rise in 2026,” said Adam Ahmad Samdin at Oxford Economics. “The combination of geopolitical risks, fertiliser market disruptions, and climate uncertainty suggests that overall food inflation risks are likely to remain elevated over...
Hantavirus Cruise outbreak poses low pandemic risk
Tedros Adhanom Ghebreyesus,Director-General,WHO The outbreak has triggered an international response and grabbed global headlines in an echo of the last pandemic, when cruise ships became symbols of how swiftly a pathogen could move through a confined space. Still,...
Sabotage,Cyber threats rattle Europe’s power grid
Under the EU’s new defense spending ambitions, about €250 billion is intended for areas like cybersecurity and critical infrastructure, according to lobby group Eurelectric. It wants some of that pot allocated to energy safety and protection. The helicopter flying...
Hormuz Strait shuts after US-Iran clashes
President Donald Trump again threatened more intense strikes if Iran refuses his terms. Tehran responded, saying on X that the continued hostile action against Iran “highlights the confusion and inability of the ruling authorities in the United States to properly...
Global InsurTech funding reaches in $1.63 billion in Q1:Gallagher Re
AI-focused companies dominated the quarter, accounting for 95.2% of total funding — a record share. These firms raised USD 1.55 billion across 68 deals, with all of the ten largest funding rounds going to AI-led businesses. Global InsurTech funding remained resilient...
Iran accuses US of violating ceasefire with new attacks
The U.S. targeted "an Iranian oil tanker traveling from Iran's coastal waters near Jask toward the Strait of Hormuz, as well as another vessel entering the Strait of Hormuz near the Emirati port of Fujairah," a spokesperson for Iran's Khatam al-Anbiya Central...
Countries scramble to track virus-affected cruise passengers
In total, five people are confirmed to have contracted the virus, with another three suspected cases, the World Health Organization said. Hantavirus is usually spread by rodents but can in rare cases be transmitted person-to-person. AMSTERDAM/GENEVA:Countries...