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Economic slowdown

IMF expects to provide vulnerable economies hit by Iran war up to $63 billion

IMF managing director Kristalina Georgieva delivers a speech ahead of the IMF and World Bank's spring meetings on April 9.
IMF managing director Kristalina Georgieva delivers a speech ahead of the IMF and World Bank's spring meetings on April 9.

Iran’s shattered economy means any success in war may be fleeting

FILE PHOTO: An Iranian flag hangs amidst the rubble of a building of the Sharif University of Technology, which was damaged in a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, April 7, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
FILE PHOTO: An Iranian flag hangs amidst the rubble of a building of the Sharif University of Technology, which was damaged in a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, April 7, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Singapore faces risk of slower growth, higher inflation as Middle East conflict drags on: DPM Gan

Deputy Prime Minister Gan Kim Yong said the ministry will continue to monitor economic developments closely and will update its gross domestic product forecast in May.
Deputy Prime Minister Gan Kim Yong said the ministry will continue to monitor economic developments closely and will update its gross domestic product forecast in May.

Sri Lanka struggles to avert economic collapse over Middle East war

The Colombo Municipal Council building is pictured after lights out in Colombo on April 2, 2026 as authorities order measures to save electricity amid an energy shortage.
The Colombo Municipal Council building is pictured after lights out in Colombo on April 2, 2026 as authorities order measures to save electricity amid an energy shortage.

Arab nations may lose $260 billion from Iran war, UN study finds

A general view of buildings and and construction cranes in Dubai, United Arab Emirates on March 7, 2026.
A general view of buildings and and construction cranes in Dubai, United Arab Emirates on March 7, 2026.

Iran war forces Asian economies to confront sliding currencies and surging oil prices

The effect of the US-Israeli war on Iran in Asia is the prospect of rising inflation and damaged growth.
The effect of the US-Israeli war on Iran in Asia is the prospect of rising inflation and damaged growth.

After border clashes with Thailand, Cambodia’s economic time bomb ticks louder

Mr Sim Srong surveys the damage of his shop in Samraong district, near the Thai border in Cambodia’s Oddar Meanchey province. His shop was damaged during the outbreak of hostilities between Cambodia and Thailand.
Mr Sim Srong surveys the damage of his shop in Samraong district, near the Thai border in Cambodia’s Oddar Meanchey province. His shop was damaged during the outbreak of hostilities between Cambodia and Thailand.

Europe’s economy starting to feel pain from Trump’s Iran war

The current shock “is probably beyond what we can imagine at the moment,” Christine Lagarde said in an Economist podcast released on March 26.
The current shock “is probably beyond what we can imagine at the moment,” Christine Lagarde said in an Economist podcast released on March 26.

News analysis

One month on, Iran has the upper hand as war risks rise for Trump and the world

People waving national flags and holding portraits of Iran's supreme leader Mojtaba Khamenei in central Tehran on March 25.
People waving national flags and holding portraits of Iran's supreme leader Mojtaba Khamenei in central Tehran on March 25.

From Indian films to Italian wine, Trump’s Iran war is rippling through the world economy

The fuel price pressures are hitting growers and winemakers at the same time as Mr Trump’s tariffs.
The fuel price pressures are hitting growers and winemakers at the same time as Mr Trump’s tariffs.

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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.