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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...
From logistics parks to offices: How is Middle East conflict hitting Asia's property market
The Middle East conflict is impacting Asia Pacific's commercial real estate through rising energy costs and inflation. This is affecting logistics, retail, and office sectors, while investment markets face growing uncertainty due to potential interest rate shifts. Broader macroeconomic channels are expected to shape the region's property outlook.
Japan's Nikkei hits record high as Asia markets rise amid Middle East concerns
Asia-Pacific markets opened higher Wednesday, with Japan's Nikkei 225 hitting a record high, as investors appeared to look past uncertainty over U.S.-Iran negotiations aimed at ending the Middle East conflict. Tensions have escalated between Washington and Tehran, with Secretary of State Marco Rubio saying on Tuesday that Iran has mined "large segments" of the Strait of Hormuz. "They're firing on commercial ships and they've mined large segments of Hormuz — international waters," Rubio told...
Middle East: Shaky Israel-Hezbollah ceasefire tested
Middle East: Shaky Israel-Hezbollah ceasefire tested Published June 6, 2026last updated June 7, 2026What you need to know - Israeli army says it intercepted projectiles fired from within Lebanon despite ceasefire - US says it destroyed two Iran drones targeting Hormuz shipping Read below for a roundup of news related to the Iran war and the wider Middle East on Saturday, June 6, and Sunday, June 7, 2026. Tired of missing our real-time updates?
Middle East: Israel strikes Beirut in first since ceasefire
Middle East: Israel strikes Beirut in first since ceasefire Published June 6, 2026last updated June 7, 2026What you need to know - Israeli army says it intercepted projectiles fired from within Lebanon despite ceasefire - US says it destroyed two Iran drones targeting Hormuz shipping - One killed, several injured in shooting attack in Israel Read below for a roundup of news related to the Iran war and the wider Middle East on Saturday, June 6, and Sunday, June 7, 2026. Tired of missing our...
Asia stocks skittish as Middle East anxiety offsets AI optimism
Asia stocks skittish as Middle East anxiety offsets AI optimism SINGAPORE: Asian stocks made a cautious start to trading on Tuesday (Jun 2) as uncertainty over whether the ceasefire in the Middle East conflict capped the lift to sentiment from renewed optimism around AI. MSCI's broadest index of Asia-Pacific shares outside Japan fluctuated between gains and losses as trading commenced, last 0.5 per cent lower, led by a 2 per cent decline for Korean shares after an initially higher open. S&P...
Asian stocks slide, oil gains as Middle East tensions escalate
Asian stocks slide, oil gains as Middle East tensions escalate The United States launched strikes against Iran after President Donald Trump said Tehran had shot down a US Apache helicopter in the Strait of Hormuz, leaving investors on edge. SINGAPORE: Asian stocks fell on Wednesday (Jun 10) while oil prices surged as escalating tensions in the Middle East unsettled markets, dimming hopes for an end to the months-long war that has pushed commodities higher and stoked inflation worries. The...
World Cup 2026: What time can fans in Europe, Middle East and Africa watch?
World Cup 2026: What time can fans in Europe, Middle East and Africa watch? Are you a football fan in Europe, Africa or the Middle East? Scroll down to find out World Cup timings in your region.
Keeping India's growth story intact: 5 lessons from Middle East conflict that should not be ignored
Led by a growing domestic demand and a favourable demographic dividend, the Indian economy and its growth story have been called fundamentally strong by economists. But short-term global economic shocks, like the ongoing Middle East conflict, have the potential to temporarily slow the growth story - a fact that cannot be ignored if India hopes to be among the top three world economies in the coming years. In its latest Economy Watch report, EY has pointed out the need for India to ‘recast...