Asia's great disconnect: Markets boom as Iran war fuels cost of living crisis

Markets in Tokyo and Seoul have hit record highs, while in Manila jeepney drivers went on strike last month to protest surging fuel costs. Economists warn the growing divide could trigger stagflation -- slower growth and accelerated inflation. (Nikkei montage/Source photos by Getty Images)

AI fever lifts stocks to records while Strait of Hormuz closure pumps up oil prices

TOKYO/MANILA -- After more than five years of driving a jeepney around Metro Manila, Bryan Magaling has reached a crossroad of a different kind.