Asia

Trump restores pacific command name, raising strategy questions

The decision raises questions on whether the US is de-emphasising cooperation with Asian democracies, in a region nervous about Chinese military dominance.

Oil prices sink towards pre-war levels as US and Iran sign peace deal

Crude prices have plummeted more than 15 per cent since last week and are almost back to pre-war levels.

Asia’s answer to the Thucydides Trap

Given the tensions between Washington and Beijing – and the consequences for the rest of the world – alternative ways of thinking deserve consideration.

Global shippers cautious on Hormuz transit despite US-Iran deal

Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 11, 2026. Amirhosein Khorgooi/ISNA/WANA (West Asia News Agency) via REUTERS

Asia’s oil-thirsty economies cautiously welcome US-Iran deal to reopen Hormuz

A deal, if sustained, would be particularly welcome for Indonesia, which has had fiscal strains from subsidising fuel, and the Philippines, which has taken the heaviest economic toll from the energy crunch.

News analysis

Hormuz reopening will offer relief for Asia, but economic scars will remain

Asia’s heavy reliance on energy and other commodities that move through the Strait of Hormuz means impact of disruptions likely to linger through the end of 2026.

Asia stock markets cheer Iran deal, wait to see oil start flowing; STI up 1.3%

Japan’s Nikkei share index soared 4.4 per cent as at 8.35am Singapore time, while Australia’s S&P/ASX 200 rose 1.3 per cent.

Kazakhstan’s ruling party announces merger with pro-Tokayev upstart

Kazakh President Kassym-Jomart Tokayev takes part in a wreath-laying ceremony at the Tomb of the Unknown Soldier by the Kremlin Wall in Moscow, Russia, November 12, 2025. Alexander Zemlianichenko/Pool via REUTERS

Asia stocks extend global rally on US-Iran peace deal hopes, oil falls to 2-month low

South Korea’s Kospi index soared 8.3 per cent, while Japan’s Nikkei surged 4.3 per cent.

News analysis

Chips still king of S’pore exports amid non-tech upswing in Asia

The semiconductor sector contributes close to 6 per cent of Singapore’s gross domestic product and employs more than 35,000 people.

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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.