Hanoi, March 13 -- In its latest update on global and regional economic prospects, the Singapore-based bank noted that the world economy is likely to remain volatile in 2026 as geopolitical conflicts and policy changes continue to shape global markets.
Proposals related to new U.S. tariffs are increasing risks to global trade, while geopolitical tensions in the Middle East, particularly conflicts involving the U.S., Israel, and Iran, are making energy and commodity markets more sensitive to political developments.
The Executive Director in Global Economics and Markets Research at UOB, Suan Teck Kin, said evolving US tariff policies and escalating tensions in the Middle East are key factors affecting economic stability in Asia.
An escalat...