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Shangri-La conference: Asia-Pacific on path to rearmament
Shangri-La conference: Asia-Pacific on path to rearmament May 31, 2026Defense ministers, military officials and security experts from around the world gathered at the Shangri-La Dialogue (SLD) in Singapore this week to discuss the security situation in the Asia-Pacific. The conference has been hosted annually since 2002 by the London-based International Institute for Strategic Studies (IISS). What are the key takeaways from this year's conference?
Asia-Pacific to lead global retail sales, weather Middle East conflict
Asia-Pacific is expected to drive global retail sales over the next five years, even as the Middle East conflict is hurting consumer confidence, according to business analysts. The war could continue to weigh on consumer and business sentiment for now due to higher energy prices and supply chain disruption, Anand Ramanathan, Deloitte Asia-Pacific’s retail and consumer products sector leader, said in an interview. “As borrowing costs rise and financial conditions tighten, consumers and...
Asia-Pacific markets set to open lower on renewed Middle East tensions
Asia-Pacific markets were set to open lower Thursday, tracking Wall Street losses, as tensions between Iran and the U.S. keep oil prices elevated, stoking energy and inflation worries. The Kuwait International Airport was struck by Iran early Wednesday, just a day after the U.S. Central Command said it had defeated multiple Iranian ballistic missiles and drones, as well as launched "self-defense strikes" on Qeshm Island in the Persian Gulf. This was in response to "attempted attacks" by...
Asia-Pacific markets trade mixed as Trump signals no rush on Iran agreement
Asia-Pacific markets traded mixed on Monday as investors monitored lingering uncertainty around U.S.-Iran negotiations after President Donald Trump said he was in "no hurry" to strike a deal to end the conflict, now in its fourth month. The U.S. and Iran have still not finalized an agreement to end the conflict, Trump said in an interview with his daughter-in-law, Lara Trump, on Fox News Saturday. He added that he is pressing for a deal that would ensure Iran never acquires a nuclear weapon.
Asia-Pacific stocks set to open subdued amid uncertainty over U.S.-Iran peace talks
Asia-Pacific markets were set to open mixed Tuesday, as investors weighed renewed uncertainty over U.S.-Iran peace negotiations, while Wall Street benchmark indexes climbed to fresh highs overnight on tech optimism. Japan's Nikkei 225 was poised to rise, with the Chicago futures contract at 67,140 and its Osaka counterpart last trading at 67,260 compared with the index's previous close of 66,934.33. In Australia, futures last traded at 8,710, compared with the S&P/ASX 200's last close of...
Most Asia-Pacific firms use AI for tasks without cutting jobs: survey
While a wave of job cuts across Asia’s finance and other industries due to wider use of artificial intelligence has spurred concerns, a new study shows that the technology’s net impact on employment is not as clear-cut. Recruiters and industry observers say many companies are adding AI-related roles without having to lay off workers. A study by professional services firm Aon released on Wednesday shows that 74 per cent of 504 companies surveyed across industries in the Asia-Pacific region...
Asia-Pacific markets set to open subdued after Wall Street's AI-linked stocks slide
Asia-Pacific markets were set to open mixed Friday after a rotation out of chip stocks on Wall Street lifted the Dow Jones Industrial Average to a record close overnight. The Chicago futures contract for Japan's Nikkei 225 was at 67,450 and its Osaka counterpart last traded at 67,610 compared with the index's previous close of 67,470.69. Hong Kong's Hang Seng index futures last traded at 25,158, lower than the index's Thursday close of 25,253.40.
Tech Selloff an Opportunity: BlackRock's APAC Head
Jun 10th, 2026 Tech Selloff an Opportunity: BlackRock's APAC Head BlackRock Head of Asia Pacific Susan Chan describes the selloff in tech stocks as an "opportunity", saying markets have proven to be resilient over time. Jun 10th, 2026 Tech Selloff an Opportunity: BlackRock's APAC Head BlackRock Head of Asia Pacific Susan Chan describes the selloff in tech stocks as an "opportunity", saying markets have proven to be resilient over time.
How does football influence who we are?
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