The Iran war has slashed transit traffic at Middle Eastern airports, creating opportunities for hubs in Asia and beyond — at least for now.
Category: East Asia
-
Why Your Next Long-Haul Layover May Be in Seoul, Not Dubai
The New York Times – Travel: -
As China Pushes to Expand in Asia, Trump Focuses on Iran
The New York Times – On the Runway:Asian allies are beginning to wonder whether the United States would or could defend them in a war.
-
Chizi, Standup Comic Exiled in China, Wants to Be More Than Just ‘a Rebel Comedian’
The New York Times – Business:Having gotten into trouble for making jokes critical of the Chinese government, the standup comic Chizi now lives in self-imposed exile. He’s finding that freedom imposes its own constraints.
-
This Is What Happens When the Gas Runs Out
The New York Times – Business:With a cutoff in shipments imminent, Asian countries, the biggest importers of liquefied natural gas from the Middle East, are already burning more coal and reducing consumption.
-
How Geopolitics Threaten K-Pop’s Ambitions in China
The New York Times – Business:Japanese members of some K-pop bands have been absent from recent concerts in China. Experts say that’s linked to tension between Tokyo and Beijing.
-
The Iran War’s Economic Threat to Europe and Asia
The New York Times – Business:Inflation and its consequences for growth is a growing concern for countries where memories of the 2022 energy crisis are fresh.
-
As War Chokes Natural Gas Supply, Asia Turns Back to Coal
The New York Times – Business:Across Asia, a sharp drop in liquefied natural gas supplies is pushing major importers back toward coal, undermining L.N.G.’s long-held role as a stable energy anchor.
-
U.S. Gas Prices Jump for 11th Straight Day, and Oil Pushes Higher
The New York Times – Business:Drivers are paying an average of 20 percent more at the pump since the strikes on Iran began. The global oil price was up and stocks in Asia rose.
-
Oil Falls and Stocks Rise After a Day of Drastic Swings
The New York Times – Business:The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was “very complete.”
-
Countries in Asia Try to Contain the Economic Fallout of the Mideast Conflict
The New York Times – Business:Across Asia, where countries are highly exposed to rising oil and gas costs and tightening supply, governments are acting to mitigate economic harm.
-
Beyond a Trade War, China, Japan and Others in Asia Face a New Energy Threat
The New York Times – Business:China and its neighbors scrambled to soften the blow of a disorderly trade war. Conflict in the Middle East now threatens to disrupt the oil imports that power their economies.
-
China Is Getting Much of What It Wants From the U.S., Including Chips
For China, President Trump’s moves to loosen chip controls, soften U.S. rhetoric and stay silent on tensions with Japan amount to a rare string of strategic gains.