The closure of the Strait of Hormuz is identified as a major crisis for Asian economies, which are highly vulnerable due to their reliance on crude oil and liquefied natural gas (LNG) passing through the strategic waterway.
China is reportedly weathering the oil shock from the ongoing Iran war better than other Asian economies, despite the region's overall vulnerability to energy import disruptions. Investment banks are highlighting Asia's reliance on energy imports as a top concern.
As trade tensions and new US tariff investigations rattle global supply chains, Southeast Asian economies are looking to broaden their options, but analysts say the region’s deep links with the US and China mean any shift will be gradual rather than a clean break.
The disruption could actually work in Asean’s favour, accelerating supply-chain diversification and shifting more manufacturing to the region from markets such as Europe, India and the Middle East, they say.
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Analysts suggest that China's rapid adoption of AI and investment in robotics could help limit the economic fallout from its rapidly aging population and declining fertility rates, offering a less bleak outlook for Asian economies.
The International Monetary Fund (IMF) chief has called for deeper integration among Asian economies to help the region prepare for heightened global trade tensions and policy shocks.
Many Southeast Asian countries, including Singapore and Malaysia, reported real GDP growth rates exceeding 5% in the last quarter of the previous year, primarily fueled by robust global AI demand boosting semiconductor exports.
Donald Trump has reiterated his threats to 'obliterate' Iran's Kharg Island and energy facilities, warning of massive damage without a quick deal, while the Pentagon reportedly prepares for a possible ground invasion or mass bombardment of Iran.
Wars are rarely contained to their battlefields. The missiles fly in one place but the consequences land somewhere else entirely. More than two weeks have passed since the U.S.-Isr...
The ongoing war in Iran is severely impacting Asian economies, particularly Japan and South Korea, which are highly dependent on oil and gas imports from the Gulf. China, however, is better positioned due to its substantial reserves.
G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.
A broader or more drawn-out conflict would risk increasing the strain on emerging Asian economies that have, in past years, struggled with external debt repayment
Asian economies, including Japan, are carefully examining the content of a recent ruling and the Trump administration's response to it, as they weigh the potential impact of fresh tariff moves.
The United States' commercial partners in Asia began on Saturday to analyze the effects of new uncertainties in global trade, after President Donald Trump announced the imposition of a new tariff on
Brent crude oil prices are surging towards a four-year high amid the widening Middle East conflict and U.S. President Donald Trump's explicit statements about seizing Iran's oil, including Kharg Island's terminal. Iran's Speaker Ghalibaf has also commented on how to profit from Trump's actions, further escalating market risks and geopolitical tensions.
Asian economies are preparing for the potential impact of sweeping tariffs, which could significantly affect trade relations and economic stability across the continent.
The 2022 energy crisis, triggered by the war in Ukraine, significantly increased energy costs in Europe, weakening the competitiveness of its industry compared to the United States and Asian economies. This situation has led to discussions about whether Europe is finally beginning to protect its industry more actively.
Asian economies reliant on energy imports are bracing themselves not just for a spike in oil prices but for the possibility that the Iran war could trigger a prolonged period of energy market…
India possesses ample energy reserves to navigate current Middle East tensions, assured Petroleum Minister Hardeep Puri. He highlighted the nation's commitment to energy availability, affordability, and sustainability, addressing concerns over potential supply disruptions. This assurance comes as global oil routes face risks, impacting major Asian economies reliant on Middle Eastern crude.
The Astana Times provides news and information from Kazakhstan and around the world.
ASTANA — Foreign direct investment (FDI) stock from Asian countries into Central Asian economies grew 2.3 times between 2016 and the first half of 2025, rising from $29.9 billion to $68 billion, according to data from the Eurasian Development Bank. According to the bank’s Monitoring of Mutual Investments report released in January, the expansion reflects…
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