Asia

Economic growth across Asia is likely to slow even if oil prices stabilise in the coming months, as the impact of war in the Middle East ripples through industries from manufacturing to tourism, according to the Asian Development Bank. The US and Israeli war on Iran is projected to halt developing Asia’s economic upswing, with the region’s gross domestic product expansion seen moderating to 5.1 per cent this year from 5.4 per cent in 2025, the ADB said in its outlook report on...

US President Donald Trump’s public rebuke of South Korea for refusing to send warships to the Strait of Hormuz is an uncomfortable moment for a 70-year alliance, piling fresh pressure on a Seoul government already uneasy about Washington’s appetite for confrontation in the Middle East. But analysts believe the relationship can withstand the strain, pointing to deep institutional ties between the two militaries, broad elite and public support in both capitals, and the reluctance of other US...

Thai authorities have seized assets worth 8.3 billion baht (US$260 million) belonging to people behind an alleged money-laundering network linked to transnational cyber scam operations in Cambodia. The latest seizure by the Anti-Money Laundering Office included cash, cars, bank deposits and other securities, bringing the total value of assets confiscated in the widening probe to more than 20 billion baht, officials said at a briefing in Bangkok on Thursday. The network of offenders included...

Japan is forging ahead with an investment plan that could see as much as 1 trillion yen (US$6.3 billion) pumped into its shipbuilding sector as it tries to wrest back greater control of a key strategic industry. However, analysts said money alone would not be enough to restore Japan’s former standing in a sector now dominated by China, with higher costs, labour shortages and years of lost capacity all standing in the way. The effort has taken on greater urgency as turmoil in the Middle East has...

The two-week ceasefire between the United States and Iran is a real diplomatic breakthrough. It has reopened the Strait of Hormuz, triggered a relief rally in global markets and eased the immediate fear of a spiralling energy shock. But its strategic significance lies less in the relief it has produced than in the uncertainty it leaves behind. The truce is time-limited, tied to negotiations and built around temporary safe passage rather than a settled regional order. The ceasefire terms and...

On April 7, less than two hours before US President Donald Trump’s declared deadline for Iran to reopen the Strait of Hormuz expired, a two-week ceasefire was announced after being floated by Pakistan’s Prime Minister Shehbaz Sharif. The deal followed Iran’s delivery of a 10-point proposal to the United States through Pakistani mediators on April 6. According to Iranian officials, Tehran’s acceptance came after a last-minute intervention by China. The breakthrough came seven days after China and...

A genocide complaint filed with Indonesian prosecutors against Myanmar’s newly elected President Min Aung Hlaing marks a further step by rights activists to hold the country’s military rulers accountable for their alleged international crimes, regardless of where they were committed. The complaint, lodged on Monday with Indonesia’s Attorney General’s Office (AGO), accuses the former military chief of genocide against the Rohingya, including mass rape, forced eviction, killings and arson attacks...

The US war on Iran has triggered the worst energy crisis in memory and punched a hole in Southeast Asia’s energy-importing economies. Still, a top former US diplomat insists America remains a dependable ally and will be central to the region’s trade and security for years to come. The Trump administration’s attack on Iran had inflicted pain on Southeast Asian allies dependent on Middle Eastern energy imports, said Ambassador Daniel Kritenbrink, a former assistant secretary of state for East...

The International Criminal Court (ICC) is expected to issue a written decision by April 28 on whether former Philippine president Rodrigo Duterte will stand trial on charges of crimes against humanity over his war on drugs. However, even if the judges decide to proceed with the trial, observers predict that the proceedings will progress at a “glacial pace”, potentially taking years to reach a ruling. Duterte, who governed the Philippines from 2016 to 2022, was surrendered to the ICC in March...

China’s exports of energy storage equipment are expected to keep rising as the US-Israeli war in Iran renews global calls for energy independence, industry insiders and analysts said. The total export value of Chinese inverters – key components in energy storage systems – jumped 57 per cent year on year to US$1.66 billion for the first two months of 2026, Chinese customs data showed. Inverters convert electricity generated from batteries and solar panels into usable power for homes, businesses...

North Korea’s recent string of weapons tests, including cluster munitions, marks a renewed show of military strength ahead of next month’s US-China summit, even as Beijing may become a go-between to ease tensions on the Korean peninsula. Analysts say the summit could be an opportunity for China to arrange subsequent talks between North Korean leader Kim Jong-un and US President Donald Trump. On Thursday, Pyongyang said tests conducted over the previous two days involved a radar-evading missile...

The Philippine Coast Guard unveiled on Thursday its first dedicated command centre in the Spratly island chain, a flashpoint in the disputed South China Sea that has been the site of repeated confrontations with Chinese vessels. The headquarters of a newly established coastguard district, formerly overseen from neighbouring Palawan, will cover an area of about 68,000 sq km (26,000 sq miles). A journalist travelling to the new command centre on Thitu Island, known as Pagasa in the Philippines,...

Russia is seeking to leverage a global natural gas supply crunch to lure energy-starved South Asia into purchasing shipments from its US-sanctioned facilities, according to people familiar with the matter. The shipments were being offered at a 40 per cent discount to spot prices last week via little-known intermediary companies based in China and Russia, said the people, who asked not to be named as they were not authorised to speak to the media. The sellers said that they could provide...

Singapore’s pushback against negotiating with Iran over access to the Strait of Hormuz has triggered a backlash from Malaysian politicians, who saw its statements as “lecturing” them on how best to secure safe passage through the vital waterway. For the past month, Tehran had all but shut access to the strait – which handles about a fifth of global oil and gas shipments, bound mostly for Asia – in retaliation for deadly strikes by the US and Israel since they launched a war on Iran on February...

A wolf that escaped from a zoo in South Korea remained at large on Thursday, authorities said, prompting a local school to close over safety concerns as the search continued. The male wolf – born in 2024 and weighing about 30kg (66lbs) – escaped from O-World, a zoo at a theme park in Daejeon, about 150km (90 miles) south of Seoul, on Wednesday, triggering a wide search in surrounding areas. It remained at large on Thursday, authorities said, with a nearby school closing for safety. “Daejeon...

Across much of the world, young people are turning away from military service. In Thailand, they are queuing up. Voluntary enlistment in the Southeast Asian nation has climbed steadily over the past five years – so much so that in some districts, annual conscription quotas, which happen in April, are being filled from ranks of willing men alone. It is somewhat paradoxical, considering the recent, lethal border clashes with Cambodia have made clear that military service is no longer a distant...

Japan’s famed cherry blossom season has become the latest battleground in a broader debate over overtourism, etiquette and how foreign visitors are portrayed when trouble flares. That debate sharpened this week after the conservative Sankei newspaper ran a report accusing “unruly crowds” of foreigners of misbehaving during hanami – or cherry blossom viewing parties – across Japan, prompting renewed calls for visitors to show greater respect for local customs. In an echo of wider demands to rein...

Hong Kong’s identity as a world-leading international hub has never been static. It has been built over time through openness, adaptability and, crucially, diversity. Recent discussions about the city’s talent strategy, including concerns that the overwhelming majority of applicants under key admission schemes come from mainland China, raise a deeper structural question: can Hong Kong remain truly global if its talent pipeline becomes increasingly concentrated? This is not about downplaying the...

Government facilities in Singapore will take steps to reduce electricity consumption to boost the nation’s energy resilience as the conflict in the Middle East tightens global energy supplies. Immediate measures include setting the air-conditioner at 25 degrees Celsius (77 degrees Fahrenheit) or higher, managing operating times for air-conditioning, lighting and lifts and unplugging or turning off non-essential equipment when not in use, the Ministry of Sustainability and Environment (MSE) and...

Frustration and desperation are growing in Japan amid a search for an 11-year-old boy who disappeared more than two weeks ago in a rural part of Kyoto prefecture, with 700 police officers scouring abandoned properties in the mountains surrounding the town of Nantan. The lack of sightings and clues has triggered speculation – a good deal of it sensationalist – on the boy’s fate and focused renewed attention on the number of children who go missing every year in Japan. The father of Yuki Adachi...

China has completed one of Southeast Asia’s largest solar power projects in Laos, at a time when regional economies are stepping up efforts to reduce reliance on fossil fuels amid global energy disruptions in the Persian Gulf. The initial phase of the 1 gigawatt (GW) solar project was officially connected to the grid on Tuesday, becoming the country’s first large-scale mountainous photovoltaic installation. Located in northern Laos, the installation is expected to generate about 1.65 billion...

North Korea conducted a slew of new weapons tests, the state-run Korean Central News Agency said, including one involving an electromagnetic weapon system and a carbon fibre bomb. The tests, which were conducted over three days from Monday to Wednesday, were overseen by General Kim Jong-sik, the KCNA report said. The weapons tests come at a time of heightened geopolitical uncertainty. Pyongyang has moved closer to Moscow in recent years, supporting Russia’s war against Ukraine, and is now...

As Asia grappled with the impact of the Iran war, a major pharmaceutical milestone quietly made the headlines. On March 20, the patent for semaglutide, the active ingredient in Novo Nordisk’s Ozempic and Wegovy drugs, expired in several countries, crucially India and China – two countries renowned for their production of generic drugs, which are drugs with the same active ingredient as the branded original but typically sold at much lower prices. Ozempic, first approved in 2017 by the US Food...

The US and Japan have an ambition to transform the Philippines into a critical minerals powerhouse and cut their reliance on China as part of a broader economic partnership, but analysts warn that a lack of commitment by Manila to introduce comprehensive reforms and tackle corruption could hamper the goal. A report by the US-based think tank Centre for a New American Security (CNAS) said cooperation between the three countries was central to leveraging the Philippines’ vast potential as a source...

The first tankers that turned away from the Strait of Hormuz did not just redraw shipping maps. They redrew grocery lists, too. After Iran’s partial closure of the strait disrupted a chokepoint that carries roughly 20 per cent of the world’s oil, traders priced in something they know too well: war is not only about missiles; it’s about the bill that lands on kitchen tables months later. Brent crude climbing back above US$100 a barrel, and touching roughly US$120 on the worst days, is already...

Thailand’s foreign minister confirmed on Wednesday the deaths of three Thai crew members of a cargo ship struck by Iran while transiting the Strait of Hormuz a month ago. US-Israeli strikes on Iran in late February prompted Tehran to respond by effectively closing the strait, a crucial artery for global oil supplies, and launching attacks on vessels. The Thai-flagged Mayuree Naree was struck on March 11 while travelling through the Gulf waterway, after departing a port in the United Arab...

As Nasa’s Artemis II crew loops around the moon, the mission involving four astronauts from the US and Canada is set to reignite India’s ambition to grow its space sector and launch future lunar missions. The Orion spacecraft used in the Artemis II mission reached a maximum distance of 406,780km (252,760 miles) from Earth, surpassing the record set by Apollo 13 in 1970. The close approach to the moon was the climax of the mission launched on April 1, with the astronauts scheduled to return to...

Myanmar’s weak economy is being brutally exposed to the fuel crisis, with farmers unable to fill up tractors to work their fields and a fertiliser shortage caused by the throttling of the Strait of Hormuz threatening food security just as the planting season begins. Battered by civil war and runaway inflation, and with a quarter of its population already lacking sufficient food, Myanmar is poorly positioned to absorb the oil shock and its cascading effects on an economy that is among the most...

The head of a body representing global airlines said on Wednesday that even if Iran reopened the Strait of Hormuz, it would take months for jet fuel supply to recover given disruptions to Middle East refining capacity. Oil fell below US$100 per barrel after US President Donald Trump said he had agreed to a two-week ceasefire with Iran ‌that was subject to the immediate and safe reopening of the Strait of Hormuz, which normally carries about a fifth of the world’s oil trade. Iranian Foreign...

Philippine lawmakers have voiced hope that joint oil and gas exploration deals with China could proceed amid the global energy crunch, despite a former Supreme Court justice warning that accepting Beijing’s terms would be tantamount to “suicide” for Manila. Senate President Vicente Sotto III earlier this week backed President Ferdinand Marcos Jnr’s intention to resume talks with China on such ventures, given the impact of the Middle East conflict. In 2023, Marcos Jnr and Chinese President Xi...