How Russia's Ukraine attack affects Asian business: 5 things to know

From energy to airlines to IT, companies feel impact amid COVID recovery

Russia's invasion of Ukraine could have serious consequences for companies and consumers across Asia. (Source photos by Reuters)

KENTARO IWAMOTO, Nikkei staff writer

February 25, 2022 13:37 JST

SINGAPORE -- The Ukraine crisis entered a critical phase on Thursday, with Russian President Vladimir Putin launching military attacks on the neighboring country. While Asian companies have less exposure to the two nations than their European peers do, the conflict could still affect businesses in the region.