India's monsoon off to unusually weak start as El Niño takes hold, threatening crops and industrial activity with lackluster rainfall expected to persist

Citi drops call for two interest-rate hikes by India's central bank through March, citing an interim US-Iran peace deal that reduces oil-driven inflation risk

Economists at Citi dropped their call for two interest-rate hikes by India's central bank through March next year, saying an interim US-Iran peace deal has reduced the risk of higher oil prices fueling inflation.

78 killed, 30 missing after 7.8-magnitude quake hits southern Philippines; NDRRMC says 1.5 million affected, 74,700 houses damaged

At least 78 people were killed and 30 remain missing after a 7.8-magnitude earthquake struck off Sarangani province in the southern Philippines on June 8, according to the NDRRMC. The council reported over 1.5 million people affected, nearly 22,000 in evacuation centers, and infrastructure losses of 1.29 billion pesos.

Philippine Senate impeachment court opens pre-trial conference for VP Sara Duterte. Formal hearings set for July; conviction needs 2/3 Senate vote.

The Philippine Senate impeachment court began the pre-trial conference for the case of Vice President Sara Duterte on Thursday, the initial procedural stage before formal hearings begin in July.

Thailand revives $30B coast-to-coast trade corridor to rival the Strait of Malacca as a major shipping route

Thailand revives a $30 billion coast-to-coast corridor project aimed at rivaling the Strait of Malacca as a major trade route.