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Global economy

Asia to suffer most from Iran war energy crisis, warns analytics firm

The Philippine government is closely monitoring food prices as it goes into a national energy emergency.
The Philippine government is closely monitoring food prices as it goes into a national energy emergency.

Asia barters for scarce energy as Iran crisis throttles supplies

People queue to buy petrol at a petrol station after Vietnam's trade ministry called on local businesses to encourage their employees to work from home to save fuel, in Hanoi, Vietnam
People queue to buy petrol at a petrol station after Vietnam's trade ministry called on local businesses to encourage their employees to work from home to save fuel, in Hanoi, Vietnam

Iran war ‘shock’ is dimming outlook for many economies, IMF says

People inspect damage to a residential building after it was hit by a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 30, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
People inspect damage to a residential building after it was hit by a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 30, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Future heat danger differs starkly between rich and poor countries

The research is designed to help cities and communities understand and respond to the dangers they face from rising temperatures.
The research is designed to help cities and communities understand and respond to the dangers they face from rising temperatures.

Prepare for overseas expansion during these volatile times, DPM Gan tells Singapore companies

Singapore companies should start thinking about their overseas expansions now so that they do not lose the opportunities once the global situation has recovered, said DPM Gan Kim Yong.
Singapore companies should start thinking about their overseas expansions now so that they do not lose the opportunities once the global situation has recovered, said DPM Gan Kim Yong.

China positions itself as a stable economic force amid global uncertainty at Beijing forum

Chinese Premier Li Qiang on a big screen live broadcasting his speech at the opening of the China Development Forum 2026 held at the Diaoyutai State Guesthouse in Beijing, China, March 22, 2026.Ng Han Guan/Pool via REUTERS    Ng Han Guan/Pool via REUTERS
Chinese Premier Li Qiang on a big screen live broadcasting his speech at the opening of the China Development Forum 2026 held at the Diaoyutai State Guesthouse in Beijing, China, March 22, 2026.Ng Han Guan/Pool via REUTERS    Ng Han Guan/Pool via REUTERS

Trump says US considering ‘winding down’ Iran war; Natanz nuclear facility attacked

Palestinian officials inspecting the remains of a ballistic missile that landed in Anza village, near the West Bank city of Jenin, on March 20.
Palestinian officials inspecting the remains of a ballistic missile that landed in Anza village, near the West Bank city of Jenin, on March 20.

US lends oil companies 45.2m barrels from reserve, first batch of Iran war

The Trump administration is seeking to ease a spike in oil prices by releasing 172 million barrels from the US’ emergency reserves.
The Trump administration is seeking to ease a spike in oil prices by releasing 172 million barrels from the US’ emergency reserves.

News analysis

Win or lose big? Hong Kong’s hub status a double-edged sword amid Middle East war

The Iran war leaves Hong Kong heavily exposed to risks on several fronts.
The Iran war leaves Hong Kong heavily exposed to risks on several fronts.

Trump’s ‘shock and war’ makes this economic crisis different.

A world of more expensive and uncertain energy arising from the Iran war will make it harder for the tech sector to ride to the rescue as it did in 2025, says the writer.
A world of more expensive and uncertain energy arising from the Iran war will make it harder for the tech sector to ride to the rescue as it did in 2025, says the writer.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.