Indonesian President Prabowo Subianto (left) and Russian President Vladimir Putin have pledged deeper economic and energy cooperation.

Indonesia eyes Russian crude as Middle East tensions deepen import gap, subsidy strain

The move comes as countries scramble to secure energy supplies while the conflict drags on

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Middle East-linked energy supply shocks put Asean Power Grid back in focus

The fourth Amity Circle retreat was hosted by Temasek Foundation from Apr 8 to 10 in Hanoi.

Geopolitical tensions, subsea cable networks are reshaping region’s energy security, integration

Former US Treasury Secretary Yellen says Iran war to bring more inflationary pressure

Former US Treasury Secretary Janet Yellen said the Middle East conflict had intensified ongoing economic uncertainty.

Policymakers had signalled an expectation for one interest-rate cut in 2026, unchanged from their December forecasts

What to know about the US blockade of Iran’s ports 

A billboard on a building in Tehran on April 13 declaring that the Strait of Hormuz belongs to Iran.

The ultimate aim of a blockade would be to cut off Iran’s oil flows, severing a vital financial lifeline for the regime 

THE BOTTOM LINE

The Hormuz blockade is as much about China as Iran

Washington hopes that Beijing will convince Iran to soften its demands, but the latter may choose to wait and see

DBS sees wealthy European, US clients more interested in Asia

The rich from Europe and US are seeking to invest in businesses while some are looking for a secondary family office in Asia, said DBS' Joseph Poon.

DBS and local rivals drew a combined S$77 billion in net new wealth money last year

Decoding Asia: Your guide to navigating Asia in a new global order. Signup »

The Leadership Playbook

From intern to C-suite: JPMorgan’s Teresa Heitsenrether on building a fully AI-powered ‘megabank’

Heitsenrether, on how AI will impact the world, says: “The ability to connect with people (will not) go away with technology, especially in our business. It’s a business that’s about trust and relationships."

There are plans to more than double the company’s data and AI talent in the Asia-Pacific region, with ‘meaningful addition’ in Singapore

‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change

Suryo Suherman, president director of Indonesia Cinema XXI, maintains that Indonesia remains one of the world’s most attractive cinema markets.

Caution, not aggression, defines how president director Suherman runs South-east Asia’s largest cinema operator by screen count

Big believer in ‘profit and purpose’: CEO of Ayala’s healthcare arm builds ‘ecosystem’ in Philippines

AC Health's CEO Paolo Borromeo says the company is working on integrating all its healthcare assets.

Ayala Corporation’s healthcare business unit is back in the black again and looking to expand

Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now  cast the spotlight on governance credibility.

From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

Corporate control allegations targeting the anti-graft agency and powerful businessmen are testing governance credibility

Asean

A sign reading,  “Customers, bring your own shopping bags temporarily” is displayed amid rising plastic prices in Depok, Indonesia, April 9, 2026.

Iran war promises green edge for Asia as plastic packaging runs short

[SEOUL/TOKYO] An ‘eco-friendly’ range of paper tubes and pouches touted by Yonwoo, a South Korean maker of packaging for cosmetics, has reaped unexpected benefit from the Iran war, which has disrupted...

Indonesian President Prabowo Subianto (left) and Russian President Vladimir Putin have pledged deeper economic and energy cooperation.

Indonesia eyes Russian crude as Middle East tensions deepen import gap, subsidy strain

The move comes as countries scramble to secure energy supplies while the conflict drags on

The fourth Amity Circle retreat was hosted by Temasek Foundation from Apr 8 to 10 in Hanoi.

Middle East-linked energy supply shocks put Asean Power Grid back in focus

Geopolitical tensions, subsea cable networks are reshaping region’s energy security, integration

Asean Business: Business insights centering on South-east Asia's fast-growing economies. Signup »

International

President Trump is seeking to restore his tariff wall using different authorities.

Bessent says Trump’s tariff rates could be restored by July

PRESIDENT Donald Trump’s tariffs may be restored by July to the levels in place before the Supreme Court struck down many of his levies, Treasury Secretary Scott Bessent said.

China Evergrande’s billionaire boss falls from circles of power to fraud plea

In 2017, Hui Ka Yan was Asia’s richest man, with a net worth of US$45.3 billion, according to Forbes.

His plea draws a line under the collapse of an empire that thrust China’s property sector into the glare of global investors

IMF cuts growth outlook, warns of potential global recession if Iran war worsens

Overall, emerging market and developing economies, where GDP tends to be more dependent on oil inputs, take a bigger hit from the Middle East conflict than advanced economies,

The IMF presented three growth scenarios: weaker, worse and severe, depending on how the war unfolds