Try GOLD - Free
US allies and rivals in Asia gauge fallout from war in Middle East
Business Mirror
|March 11, 2026
As war spreads across the Middle East, US rivals and allies in Asia are preparing for the consequences, which include possible economic shock and long-term security threats.
JAPANESE Prime Minister Sanae Taichi gestures as US President Donald Trump delivers his speech during their visit to the aircraft carrier USS George Washington at the US Navy's Yokosuka base in Yokosuka, south of Tokyo, on Oct. 28, 2025.
(AP/EUGENE HOSHIKO)
Here’s a look at how the fighting in the Middle East is impacting the Koreas, Japan and China.
North Korea
AT a major political conference last month, North Korean leader Kim Jong Uninsisted the country’s decades-long pursuit of nuclear weapons was the “correct” choice, despite crippling isolation and scarce resources.
The US-Israeli attacks on Iran will only reinforce that belief.
North Korea's leadership likely watched uneasily as the strikes killed Iran’s supreme leader. The attack followed a US operation in January that captured Venezuelan President Nicol4s Maduro.
Pyongyang’s Foreign Ministry has condemned the attacks on Iran as illegal and a “most despicable” violation of sovereignty. Notably, it didn’t mention the death of Ayatollah Ali Khamenei.
Similar strikes to take out North Korea’s leadership would be far riskier and less likely to succeed, said Hong Min, an analyst at South Korea’s Institute for National Unification.
Unlike Iran, North Korea has followed through on its nuclear ambitions. Its expansive arsenal contains dozens of warheads, with a range of delivery systems threatening Asian US allies and intercontinental ballistic missiles potentially capable of reaching the US mainland. It would be difficult to eliminate North Korea’s capabilities in a single wave of preemptive strikes, and would leave open the possibility that surviving systems could be used to attack targets in South Korea, Japan or even America.
This story is from the March 11, 2026 edition of Business Mirror.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Mirror
Business Mirror
Adamson softbelles back on track with dominant win over La Salle
A DAMSON University came up with a fourth-inning surge to defeat La Salle, 3-1, and forge a three-way tie for the lead in the University Athletic Association of the Philippines Season 88 softball tournament on Tuesday at the Rizal Memorial Baseball Stadium in Malate, Manila.
1 min
March 11, 2026
Business Mirror
Seaweed exporter taps AUSI rooftop solar PV system
ADVENT Upgrade Solar Inc. (AUSI), the joint venture between Aboitiz Power Distributed Renewables Inc. (APx) and Upgrade Energy Philippines (UGEP), will install and operate 793.6 kilowatt-peak (kWP) rooftop solar photovoltaic (PV) system for industrialfood manufacturer Marcel FoodSciences Inc.
1 mins
March 11, 2026
Business Mirror
Sondris: A sustainable sanctuary for the modern Makati professional
IN the heart of the Philippines's financial capital, Arthaland is redefining luxury living with its latest development, Sondris.
3 mins
March 11, 2026
Business Mirror
Novo Nordisk PH calls for a heart-centered approach to obesity care
IN observance of Philippine Heart Month, Novo Nordisk Philippines is encouraging Filipinos and the medical community to take a more integrated view of obesity: one that recognizes its direct and long-term impact on cardiovascular health.
3 mins
March 11, 2026
Business Mirror
MPTC Tour of Luzon renews partnership with Cardinal Santos Medical Center
THE Metro Pacific Tollways Corporation (MPTC) Tour of Luzon renewed on Tuesday its official medical partnership with the Cardinal Santos Medical Center (CSMC) for the 2026 edition of the country's No. 1 cycling race, set from April 29 to May 13.
1 mins
March 11, 2026
Business Mirror
PHirst marks historic P5.3B Mindanao debut with the grand unveiling event of PHirst Park Homes Gen San
Century Properties Group's first-home brand (PHirst) officially launched PHirst Park Homes Gen San on February 21, 2026—marking its maiden entry into Mindanao.
2 mins
March 11, 2026
Business Mirror
Kosmas Pickle Fest gets underway in Cebu
PICKLEBALL returns to its Philippine roots starting Wednesday as the Kosmas Pickle Fest 2026 fires off at the Net and Paddle courts in Cebu City, gathering a banner field of young standouts and seasoned competitors in a five-day event.
1 min
March 11, 2026
Business Mirror
Citi braces for busy spell for financial deals in Asia
CITIGROUP Inc. is bulking up its investment banking franchise that looks after financial sponsors as deal activity increases and firms seek to deploy capital.
1 min
March 11, 2026
Business Mirror
PESO STRENGTHENS TO P58.896 AS BRENT OIL FALLS BELOW $90
AFTER its eight-day losing streak against the greenback due to the ongoing conflict in the Middle East, the Philippine peso strengthened on Tuesday, closing at P58.896 against the dollar, mainly due to the price of Brent oil falling below $90 per barrel, according to an analyst.
2 mins
March 11, 2026
Business Mirror
Relief for our weary commuters
Easing the daily travel of our commuters, especially workers and students, is a major challenge for the government.
3 mins
March 11, 2026
Listen
Translate
Change font size
