AJU PRESS - ASIA NEWS HUB

Korea's crackers edges toward shutdown as Hormuz blockade chokes naphtha supply SEOUL, March 13 (AJP) - South Korea's petrochemical plants are rapidly running out of naphtha as the closure of the Strait of Hormuz cuts off a major supply route, forcing producers to declare force majeure and slash operating rates to bare-minimum levels to avoid a full shutdown that could ripple through the country's manufacturing economy. Yeocheon NCC, LG Chem, L
Korean bond yields soar as if in tightening cycle amid widening Gulf war SEOUL, Mar. 13 (AJP) — South Korean government bond yields are climbing sharply as investors demand higher risk premiums amid intensifying conflict in the Middle East and a renewed rise in global interest rates. Yields on sovereign debt have followed a steep upward trajectory since the beginning of the year, reflecting both external shocks and shifting global capital flows. According to the
Iran war offers lesson and warning for Asia's U.S. allies SEOUL, March 13 (AJP) - As the war in Iran stretches longer and wider than expected, security analysts are increasingly applying its battlefield dynamics to other flashpoints — raising concerns among Asian countries that host U.S. military bases. For some strategists, Iran’s retaliatory missile and drone strikes on American facilities across the Middle East offer a preview of how a future conflict