The Philippine peso slid further on Tuesday (June 24, 2024) against the US dollar as a confluence of international and local factors have pushed its value down.

Peso drops, 'caught in perfect storm' vs US dollar

For OFWs, peso's slide represents a ₱1,955 gain for every $1k remitted

Dubai's Azizi to build power project in Afghanistan

New subsidiary will develop power projects in emerging markets, with Asia in focus

Azizi has a project pipeline running into the billions of dirhams in Dubai. Now, it's getting into a new business line.

Brent oil slides 3.37% on Iran-Israel ceasefire hopes

Calm emerges in energy markets after US claims Iran–Israel ceasefire deal

Brent’s 3.37% slide on Tuesday (June 24, 2025) reflects swift market recalibration following the Iran-Israel ceasefire news.

Oil drops as Iran spares energy sites in missile strike

Crude prices fall sharply as fears of major supply disruption ease after Iran retaliation

While Brent is yet to hit triple digits this year, refined fuels such as gasoline and diesel have been trading above that level for months.

Filipino tycoon Razon leads push in new gas drilling

Department of Energy hopes high for energy security Malampaya Phase 4 kicks off

OIL AND GAS PLATFORM: The Malampaya gas project, which generates over 2 gigawatts for Luzon, a huge part of the Philippines’ power requirements, is partly controlled by Filipino business tycoon Enrique Razon Jr.

Oil rising after wild swings: Why it matters to UAE

Traders eye Strait of Hormuz and oil flow risks as Israel-Iran conflict keeps prices jumpy

Iran-Israel conflict: Oil up still after swing to 5-month high - why it matters to UAE

Strait of Hormuz closure threat raises global oil alarm

Oil surges, tankers reroute, nations brace for disruption as Iran weighs drastic response

A view of the Strait of Hormuz.

Strait of Hormuz: What is it and why is it important?

Disruption of oil flows through this narrow strait could hit global economy hard

This image provided by Nasa shows the Strait of Hormuz taken from the International Space Station in September 30, 2003.

US' Iran airstrikes leave oil market poised for surge

In a wild week, Brent futures have jumped 11% since Israel attacked its nemesis

Brent Futures Are on a Bumpy Run | The Iran-Israel conflict is bringing big swings to prices

Tech war: Huawei unveils 3,000km, 5-min charge battery

Huawei unveils game-changing range, lightning-fast charging, and a leap into the future

Huawei’s sleek Aito EV turns heads at the auto show, blending smart tech and luxury design in a bold statement about the future of electric mobility.

Power, water produced from solar tech developed in UAE

Dual-function system is part of a broader effort to tackle global energy and water crisis

Illustrative image. The hybrid design uses waste heat from solar cells to power a thermal desalination process, offering a sustainable alternative to conventional systems that typically rely on fossil fuels or separate energy sources.

Oil price near 5-month high amid Iran-Israel tensions

WTI crude climbed as much as 1.1% in Asia after jumping more than 4% on Tuesday

Shares slipped in Hong Kong but gained in Japan after the S&P 500 closed lower in New York.

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