One energy shock is squeezing Asia through three different channels at once. It is pushing Japan to raise rates, forcing Indonesia to lift fuel prices, and feeding China’s costs.

Japan’s factory-gate prices hit a three-year high, while a renewed energy scare sent chip stocks tumbling again. The same force is landing in very different ways across the region.

Today’s Asia Intelligence Brief covers the region’s finance, markets, economy, and politics. We pulled it together from Japanese, Chinese, Korean, Hindi, Bahasa Indonesia, Vietnamese, and English sources.

Japan — Factory Prices Surge

A Three-Year High