Foreign ministers of the Asia–Europe Meeting (ASEM) have backed the multinational deal on the Iranian nuclear program, calling on all the relevant parties to honor their obligations under the international document.
Equis Energy, Asia's largest independent renewable energy firm, said it had agreed to be sold to Global Infrastructure Partners (GIP) and other investors including sovereign wealth fund China Investment Corp for $3.7 billion (£2.82 billion).
Japan chalked up a goods trade surplus of ¥1.92 trillion ($17 billion) in the fiscal first half amid robust exports to Asia and the United States, but was squeezed by rising energy imports, government data showed Thursday.
Developing Asia is on track to grow faster this year and next, the Asian Development Bank said on Tuesday, buoyed by a pick-up in world trade and China's expansion, but it flagged risks from tightening US monetary policy.
Asia’s factories cranked up production in August as global demand remained strong, confounding expectations that growth may have peaked, but worries about China’s massive debt and monetary tightening in the West are likely to keep businesses and markets on edge for months to come.
Widespread floods have killed more than 800 people and displaced over a million in India, Nepal and Bangladesh, with aid workers warning of severe food shortages and water-borne diseases as rains continue to lash the affected areas.