South Asia
Nearly a quarter of humanity lives here, and its politics, economy, and climate risk are recalibrating in real time. From India’s technology ambitions to the fragile peace holding a nuclear-armed border, the scale alone makes this impossible to ignore.
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May- 2026 -24 MayPower
Rubio signals Hormuz de-escalation progress as India seeks trade deal, worker visas
US Secretary of State Marco Rubio met Indian Foreign Minister Subrahmanyam Jaishankar in New Delhi, citing progress on a framework to de-escalate tensions around the Strait of Hormuz, a critical…
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24 MayCapital
South Korea’s Middle East crude imports fall 37% as US supply nears parity
South Korea's crude oil imports from the Middle East fell 37.3 percent year-on-year in April 2026 to 4.49 million tons, reducing the Gulf's share of Korea's total import mix from…
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23 MayPower
Pakistan seeks China’s backing to mediate US-Iran tensions, Afghanistan border dispute
Pakistani Prime Minister Shehbaz Sharif is in Beijing for a four-day state visit, seeking Chinese backing to mediate between the United States and Iran, and for support with Afghanistan. The…
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23 MayTech & AI
India’s IT giants shed 13,000 jobs as AI automation reshapes outsourcing model
India's information technology and business process management sector, a US$254 billion industry employing 5.4 million people, faces a structural threat from AI automation. Major firms like TCS and Infosys reported…
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22 MayCompass
Everest sets single-day summit record, forcing Nepal to weigh new climbing rules
A record 274 climbers reached the summit of Mount Everest in a single day from the Nepal side on Wednesday, May 21, 2026, surpassing all previous single-day totals on the…
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22 MayCompass
Five Italian divers die in Maldives cave, exposing regulatory gaps for extreme tourism
Five Italian nationals died on 14 May 2026 during a technical cave dive near Vaavu Atoll in the Maldives, making it the deadliest diving incident in the country's recorded history.…
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22 MayEarth
Strait of Hormuz disruption forces India, Indonesia to reverse clean energy goals
The Strait of Hormuz disruption is doing more than raising fuel prices across India, Indonesia, Bangladesh, and the Philippines — it is pushing governments to reverse hard-won clean-energy commitments and…
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22 MayEarth
Hormuz crisis forces South Asian nations to reverse decarbonisation, risking higher emissions
Tanker traffic through the Strait of Hormuz is running at 5% of pre-war rates, causing widespread disruptions across South Asia and the Pacific. Bangladesh's fertiliser and garment factories are severely…
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22 MayCapital
Iran War Drives Asia Currencies to Extreme Bear Scenarios, Forcing Rate Hikes
The Iran war, now in its fourth month, has pushed crude oil prices up 40%, driving extreme bear scenarios for the currencies and bonds of India, Indonesia, and the Philippines.…
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21 MayEarth
India heatwave costs economy $159 billion as New Delhi hits 49.9°C
India is enduring a severe and worsening heatwave season, with New Delhi's Mungeshpur station recording 49.9°C on 29 May 2024 — tying the capital region's all-time high. The Council on…
