The Manila-based lender downgrades growth projection for Asia and Pacific, including South Asia

The US blockade of Iranian ports remained, however

The company has emerged as a key player -- alongside domestic rival SK hynix -- in the supply of high-performing chips

Brent crude futures retreated on ​Tuesday but held near $114 a barrel following fresh hostilities in the Middle East, while investors ‌monitored developments in the US-Israeli conflict with Iran.

US President Donald Trump’s military forays in Venezuela and Iran have weakened Opec more than anyone thought possible just months ago. The White House may view this as a major win, but it may ultimately leave both the US and energy markets worse off.

The UAE-based company also wants to operate Chittagong Container Terminal

Overall oil imports to Asia, which takes 85 percent of Gulf crude shipments, plunged 30 percent in April on the year

Brent oil futures for July fell 51 cents, or 0.5 percent, to $113.93 per barrel

Indian traders have begun exporting wheat for the first time ‌in four years, as ample stocks, higher global prices and firmer freight rates have opened a window for them to make small shipments to buyers in Asia and the Middle East, trade sources said.

Several US restaurant chains including Wingstop and Domino’s reported weaker-than-expected sales growth in the latest quarter, saying that soaring gasoline prices caused by the US-Israeli war on Iran have ​forced their customers to cut back on other spending.

Finance minister made the call at a session of the 59th annual meeting of ADB

A delegation of the Pakistani trade body is now visiting Bangladesh

Assistant US Trade Representative for South and Central Asia Brendan Lynch will lead the delegation

Brent crude futures were up 67 cents, or 0.6 percent, to $108.84 a barrel

The seven major producers will add 188,000 barrels per day to their total production quota for June

Bangladesh has opportunities to bridge South and Southeast Asia

The island has also rationed fuel following supply disruptions

Convenient, full of flavour and popular among locals and tourists alike, Bangkok's street food is one of the city's signatures

The UAE, one of the world's top producers, announced April 28 it was withdrawing from the Organization of the Petroleum Exporting Countries (OPEC) and the expanded OPEC+ group, after chafing at their production quotas. The withdrawal took effect on Friday.

India raised on Friday the prices of commercial liquified petroleum gas and jet fuel for international airlines, according to a state-run energy firm, as supply pressures from the Iran war mount.