TOKYO -- Global oil demand is now forecast to fall this year, led by "deep cuts" in the Asia Pacific region, the International Energy Agency said, as disruption in the Strait of Hormuz continues to upend the global oil market.
Ukraine's drone tech can help bolster Japan's national security
James D.J. Brown is a professor of Political Science at Temple University, Japan Campus.
Pakistani jets deployed to Saudi Arabia highlight its Iran war dilemma
ISLAMABAD -- Even as the global spotlight focuses on Pakistan's efforts to mediate an end to the war between the U.S. and Iran, Islamabad last weekend quietly deployed fighter jets and troops to Saudi Arabia as a part of a defense agreement it recently signed with Riyadh, highlighting Pakistan's dilemma as it seeks to achieve its geopolitical ambitions in the volatile region.
China and Vietnam's communist chiefs meet: 5 things to know
HO CHI MINH CITY -- Vietnam's communist party boss To Lam is in China, his debut on the world stage since taking on the role of president last week -- which gives him the rare status of being president of the country as well as leader of the Communist Party of Vietnam.
US-sanctioned Chinese tanker transits Strait of Hormuz hours after blockade
TOKYO -- A U.S.-sanctioned vessel with a Chinese owner passed through the Strait of Hormuz on Tuesday, becoming one of the first to transit the waterway since the start of an American naval blockade against Iran.
Qantas flags fuel cost impact as oil crisis forces cuts to flights
CANBERRA/SEOUL -- Major airlines in Asia have announced cuts to capacity to deal with soaring jet fuel costs, as the war in Iran stifles supplies of Middle Eastern oil.
Asian stocks recoup losses from impacts of Iran war
TOKYO -- Major stock markets across Asia rose on Tuesday, with benchmarks in Singapore, Taiwan at one point recovering their losses since the U.S.-Israel war with Iran began on Feb. 28. Equities in Japan and South Korea were also up, with the benchmarks in both countries closing in on record highs reached before the conflict.
Indian auto, textile production hit as gas crunch drives workers home
BENGALURU -- Production is slowing across India's textile and auto manufacturing heartlands as the rising cost of cooking gas during the Iran war prompts an exodus of migrant workers who no longer find it economically viable to remain at their jobs.
Sri Lanka's economic turnaround braces for testing times amid Iran conflict
COLOMBO -- On the eve of Sri Lanka celebrating its traditional new year this week, the country's left-leaning government rolled out a relief package to ensure poorer households in the island nation have a few crumbs of joy.
Taiwan chip industry looks to avoid energy and helium shortages
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Welcome to the Tech Latest podcast. Every Tuesday, our tech experts Katey Creel and Shotaro Tani deliver the hottest trends and news from the sector.
In this episode, Shotaro speaks with Taipei tech correspondent Annie Cheng Ting-Fang about the Taiwan Semiconductor Industry Association calling on the government to stockpile strategic raw materials and voicing support for the reopening of nuclear power plants amid concerns that conflict in the Middle East could disrupt critical supply chains and energy