South Korean President urged the government to quickly implement measures to cap oil prices in order to curb soaring energy costs resulting from the Middle East conflict, as global oil prices approached $120.

India has raised LPG prices by approximately 7% following surges in global energy prices due to the US-Israeli conflict with Iran. The government has also ordered refineries to increase production to prevent shortages.

India has allowed an Iranian warship to make an emergency docking at the port of Kochi after it experienced technical problems, just days before another Iranian frigate was sunk by a US submarine off the coast of Sri Lanka.

South Korean President says the government is ready to implement a 100 trillion won market stabilization program to prevent turmoil in the financial markets after South Korean stocks experienced sharp volatility due to a global sell-off of risky assets.

Asian airlines, such as Cathay Pacific-Singapore Airlines, have become the primary choice for passengers seeking to avoid routes through the Middle East.

The Reserve Bank of India has restructured its dollar forward contracts, reducing short-term currency delivery burdens and increasing room for market intervention after the rupee weakened to a new record low.

Japan's leaders reiterated their refusal to accept Iran's nuclear weapons program and vowed to closely monitor the situation amid pressure from US allies and risks to energy security in the Middle East.

Japan's Ministry of Land, Infrastructure, Transport and Tourism is preparing to issue new regulations limiting passengers to a maximum of two power banks per person allowed on airplanes.

South Korea's Ministry of Finance revealed that the country will announce plans to promote the won's international recognition in the first half of this year.

SCB's Chief Industrial Officer indicates that investment in AI infrastructure remains strong, supporting Asian supply chains, particularly in the semiconductor sector in Taiwan and South Korea.