ISLAMABAD -- Pakistan is emerging as a leading mediator between the U.S. and Iran by leveraging its good relations with both countries.

MANILA -- Philippine President Ferdinand Marcos Jr. declared a state of national energy emergency on Tuesday evening, saying that economic risks over the Middle East conflict posed an "imminent danger" to the country's fuel and power supply.

HONG KONG -- Xiaomi recorded a surprise 24% drop in net profit for the fourth quarter of 2025, as the smartphone vendor-turned-electric vehicle maker hit roadblocks amid sluggish sales and intense competition.

TOKYO -- Japanese investors have been watching for Berkshire Hathaway's next move after its holdings in five trading houses hit its self-imposed 10% limit last year.

HONG KONG -- Chinese electric vehicle maker Nio plans to double its overseas presence this year, betting on its premium Firefly hatchback as it tries to crack a lucrative market long dominated by BMW's Mini.

SINGAPORE/TOKYO/HANOI -- Asian airlines are rushing to fill gaps left by Middle Eastern carriers disrupted by the Iran war as the conflict persists and reverberates through fuel costs, ticket prices and seat availability.

HONG KONG/TAIPEI -- Alibaba Group on Tuesday unveiled its latest central processing unit for artificial intelligence applications as demand for AI agents, fueled by the popularity of OpenClaw, continues to surge in China.

PHNOM PENH -- Liquified petroleum gas (LPG) sellers in Cambodia are reporting rising prices and shortages following an announcement by a local supplier that it was ceasing sales, starting April 1, exacerbating panic over fuel availability in a country that is fully reliant on imports.

TOKYO -- Japan's main labor unions expect their workers to receive an average pay hike of more than 5% in the coming financial year, but that may not be enough to pull real wages out of a five-year slump and could drag on Prime Minister Sanae Takaichi's drive to reinvigorate one of the world's largest economies.