China's structural reforms will not be enough to arrest its rising debt, and another credit rating downgrade for the country is possible unless it gets its ballooning credit in check, two officials at Moody's ratings agency said on Friday.
Japan's core consumer prices rose 0.3 percent in April from a year earlier to mark a fourth straight month of increases, offering policymakers some hope a steady economic recovery will convince consumers to start spending again.
Pakistan has launched the first 660-megawatt unit of Sahiwal Coal Power plant as the first energy project under the China Pakistan Economic Corridor (CPEC). But country still needs at least more 5,000 MWs to cope with its severe energy shortage.
More than 4.697 million passengers were transferred via Iranian airports during March 20-April 21, which is 15 percent more than the figure for the same period last year, Iran Airports Company (IAC) announced.