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12 May 2026 - Daily Update - B2B Asia News

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12 May 2026 - Daily Update - B2B Asia News
B2B Asia News Daily Update – 12 May 2026

This is a B2B Asia News Daily Update for 12 May 2026, reviewing regional and global markets, and covering the daily business news you shouldn’t miss. 

Watch the video in English above.

  • We start with a quick look at regional markets. Asia-Pacific markets traded mixed Tuesday as investors shrugged off fresh doubts over the fragile U.S.-Iran ceasefire after President Donald Trump warned the truce was on “massive life support.” 
  • Japan’s Nikkei 225 added 0.52%, while the Topix rose 0.83%. 
  • South Korea’s Kospi pared early losses and fell 2.29% after notching a fresh record high on Monday. 
  • Hong Kong Hang Seng index was in choppy trade and fell 0.16% in the last hour of afternoon trade, while the CSI 300 declined 0.08%.
     
  • Zooming in on Cambodia’s market—the Cambodia Securities Exchange Index was up 0.12 points or 0.03% to 423.6. 
  • Total trade volume was up with 239,033 shares changing hands at a total value of 1.26 billion riel or nearly $315,000 US dollars.
  • On the main board, three stocks were up, led by Grand Twins International, while five stocks were down, with Phnom Penh Autonomous Port as the biggest loser of the day. 
  • Over on the growth board, all three stocks were down.
     
  • Shifting to the exchange rate, the Khmer riel to USD remained stable at 4,012 riel per US Dollar, while the US Dollar index hovered around 98.24.
     
  • Turning to global commodities, Oil prices rose 2% on Tuesday ‌as hopes for a deal to end the U.S.-Israeli war on Iran faded, with stark differences between Tehran and Washington on a peace proposal bringing supply concerns again to the fore. 
  • Brent crude futures were up 1.9% at $106.21 US dollars per barrel, while U.S. West Texas Intermediate ​gained 2.4% to $100.38 US dollars. Both benchmarks climbed nearly 2.8% on Monday. (0726 GMT)
     
  • Gold prices dropped from a three-week high on Tuesday, as ‌hopes for a peace deal between the United States and Iran dimmed, lifting the dollar and heightening concerns around inflation ahead of key U.S. inflation data. 
  • Spot gold fell 0.8% at $4,697.97 US dollars per ounce, after climbing to its highest since April 21 in early Asia ​trade. 
  • U.S. gold futures for June delivery lost 0.5% to $4,704.70 US dollars. (0750 ​GMT)
     
  • Looking at the crypto market, Bitcoin held above $81,000 dollars after touching $82,026 US dollars overnight, while solana led the major altcoins on the week as investor Michael Burry, made famous in The Big Short for calling the 2008 housing collapse, warned the Nasdaq 100 had reached dot-com bubble territory.
     
  • Moving on now to other business-related news:
    • Cambodia welcomed a total of 5.57 million international tourists in 2025, generating approximately $3.8 billion US dollars in tourism receipts, according to official tourism indicators and statistics released by the Ministry of Tourism on May 8. The figures show a 16.9 per cent decrease in the number of foreign visitors compared to the previous year, while tourism receipts increased by 6.6 per cent. Meanwhile, the Kingdom recorded 25.16 million domestic tourists, representing a year-on-year increase of 11.7 per cent, while outbound Cambodian tourists declined by 26.4 per cent to 1.36 million. 
    • Cambodia exported 469,909 tonnes of milled rice in the first four months of 2026, earning $266.38 million US dollars in revenue, according to a report released on May 11 by the Cambodia Rice Federation (CRF). The rice commodity was exported by 61 companies to 60 countries and regions. Cambodia exported 126,108 tonnes of milled rice worth $85.44 million US dollars to European countries, 129,332 tonnes valued at $75.88 million US dollars to China and its autonomous regions, and 177,761 tonnes worth $72.145 million US dollars to five ASEAN member states.
    • Azerbaijan has expressed interest in expanding cooperation with Cambodia in key sectors including agriculture, tourism, and trade, as part of efforts to further strengthen bilateral economic ties. According to the Spokesperson of the Senate, the remarks were made by the Representative of the President of Azerbaijan on Special Assignments, during a courtesy call and working discussion with Acting Head of State, Hun Sen, on May 12. The Acting Head of State noted that Azerbaijan, as a country rich in energy resources, and Cambodia, with strong agricultural potential and food security capacity, can complement each other effectively. He emphasised the potential for a mutually beneficial partnership, whereby Cambodia could contribute to food supply needs while Azerbaijan could support energy security for Cambodia....

Watch the 12 May 2026 Daily Update in Khmer below: