Chinese modular building exports have surged, with overseas orders rising sharply. Trucks loaded with modular housing units at Shenzhen Liantang port are clearing rapidly for shipment to Southeast Asia and other overseas markets. Company executives report a marked increase in export orders. China Customs data show prefabricated building exports rose from $1.472bn in 2015 to $4.339bn in 2025 — roughly triple — and growth reached 45% in Q1 2026.

Capital Economics senior Asia economist Gareth Leather says El Nifio-driven upside food-price risk makes Asian central banks unlikely to rush to reverse recent rate hikes. While many central banks had already responded aggressively to earlier energy-driven inflation and have hiked at least once, falling energy prices eased some urgency to tighten; El Nifio could keep them cautious given food’s heavier weight in Asian CPI versus energy. Capital Economics still expects India, Pakistan and South Korea to tighten policy further in the coming months.

Secretary of Iran's Supreme National Security Council, responding to Trump, said that as president of a nation with only 250 years of history he uses such rhetoric while claiming to destroy Iran, which has a civilization spanning thousands of years.