The US has negotiated a ceasefire to reopen the Strait of Hormuz, but Asian allies are already relying on others for energy security– including Iran, Russia and China.

CNBC's Kate Rooney reports on news regarding OpenAI.

The Iran war will also likely hit semiconductor output, amid disruptions in the shipments of key inputs for chip manufacturing like helium, sulfur and petrochemical products, according to the ADB. Tourism-dependent economies will likewise feel the drag after the war upended global travel,

(Corrects paragraph 3 to say "shift" not "overhaul" of strategic change) By Yantoultra Ngui SINGAPORE, April 9 (Reuters) - Asia-Pacific-focused asset owner and manager ESR said on Thursday it has secured $850 million in fresh equity from existing shareholders to fund growth in its logistics real estate and data centre businesses.

Asia-Pacific markets tumbled Monday as investors weighed escalating tensions in the Middle East after the U.S. and Iran threatened to intensify military hostilities.

"We are entering a new renaissance, and with AI, that renaissance can be realized," Wu said, adding that in primary healthcare settings, AI-assisted diagnostic systems will act as "intelligent assistants" for general practitioners, helping address shortages in grassroots medical resources.