The increasing uncertainty and intricacy within the global panorama have significantly perturbed the stability of the Asian economy, significantly hindering the economic growth of many countries in the region. With the ongoing advancement of information technology, its importance in visualizing and analyzing economic progress has become ever more critical. Stock market indices serve as essential indicators for evaluating the current economic situation. This research utilizes the DY spillover index, analyzed through R programming, to explore the influences of geopolitical risks, economic policy uncertainties, and various spillover effects on the stock markets of key Asian economies. By combining data, textual analysis, and visual representations, this study offers important insights aimed at promoting more cooperative political and economic relations throughout Asia. The analysis highlights several important observations: Firstly, the composite index of the Shanghai Stock Exchange, along with geopolitical risks and uncertainties in economic policy, primarily act as receivers of risk spillover, whereas the Nikkei index, the Korea Composite Index, and a major financial group in Singapore primarily function as transmitters. Secondly, the spillover effects among these factors exhibit an asymmetric nature, with notable increases recorded during certain significant events. Finally, the overall spillover effect is positive, showing a marked rise in risk transmission during two critical occurrences: a significant stock market downturn and the onset of a global health crisis.