Asian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India urges reduced overseas travel and gold purchases. Indonesia hikes interest rates and tightens export earnings control. The Philippines also raises rates. These actions aim to stabilize economies amid rising oil prices and capital outflows.

New Delhi, May 19 (PTI) The Indian rupee’s sharp decline has emerged as one of the biggest economic warning signs for policymakers, investors and businesses. Once considered among…

The Iran war is disrupting Asian energy supplies, weakening currencies, and creating bearish scenarios for emerging market bonds, with ripple effects for crypto.

SINGAPORE, May 21 — Asia’s policymakers are taking increasingly urgent and unusual steps to shore up their economies on the front line of the global energy supply shock, with...

Asian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India urges reduced overseas travel and gold…

Discover how the Middle East war is impacting Asian currencies, driving up oil prices and causing investor flight to the US dollar. Read more at straitstimes.com. Read more at…