Project Freedom Backfires, Iran Strikes the UAE, ADB Cuts Asia Growth Forecast

Headline news for May 5, 2026: Project Freedom triggers a sharp escalation as the U.S. sinks six Iranian boats and Iran fires missiles at a UAE port with the ceasefire hanging by a thread. In Singapore, Parliament opens today with a landmark motion on AI and job disruption as labour chief Ng Chee Meng calls for a guarantee of no jobless growth. 

Synopsis: A round up of global headlines to start your day by The Business Times. 

Written by: Claressa Monteiro (claremb@sph.com.sg) 

Produced and edited by: Claressa Monteiro or Howie Lim

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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