Page 6 - Asia

Barclays to step up strategic hiring across Asia, focus on India and China

Barclays Plc plans to make key hires in investment banking and wealth management across Asia next yea

Asian leaders at economic summit in Turkmenistan vow to help Afghanistan

The leaders of several Asian countries called for boosting their economic ties and pledged to provide assistance to Afghanistan during a summit in Turkmenistan

Asian, European nations call on Myanmar military to return to democracy

At least 50 Asian and European countries on Friday called on Myanmar to return to the democratic transition that was halted by the coup in February.As reported by Radio Free Asia, the countries asked to release arbitrarily detained prisoners, and accept a Southeast Asian envoy to mediate the 10-month-old political crisis.This came after the Association of Southeast Asian Nations (ASEAN) member, for the third time, sidelined Myanmar junta leader General Min Aung Hlaing from attending the two-day virtual Asia-Europe Meeting."Leaders expressed deep concerns on the situation in Myanmar and affirmed their strong support for ASEAN's efforts to de-escalate the crisis," the group said in a statement after the meeting, hosted by Cambodia, the 2022 ASEAN chair."They called on all parties concerned in Myanmar to engage in peaceful dialogue, immediately cease violence in Myanmar and exercise utmost restraint; and called Myanmar for the early release of all those arbitrarily detained, including ...

Chinese President Xi Jinping warns against 'Cold War' in Asia-Pacific

Chinese President Xi Jinping warned Thursday against letting tensions in the Asia-Pacific region cause a relapse into a Cold War mentality

Asia's most expensive apartment sold in Hong Kong's Peak area

The apartment on the Peak came with three parking spaces and is measured at 4,544 square feet

In Delhi, 8 nations say Afghan territory shouldn't be used for terror acts

In his opening remarks, National Security Advisor Ajit Doval said the recent developments in that country have important implications not only for Afghan people but also for the region

Larger-than-expected Saudi crude price hikes to Asia bullish for markets

Brent and U.S. West Texas Intermediate crude futures gained more than $1 on Monday following Saudi's announcement

Asia LNG prices slip below $30/mmBtu as supply improves in Europe

SINGAPORE (Reuters) - Asia liquefied natural gas (LNG) prices fell for a third straight week, as improved gas supply in Europe reduced the competition for LNG in Asia, though losses were limited by fresh demand from Pakistan and Turkey.

Asia tourism reopens with big-spending Chinese stuck at home

China, previously the world's largest outbound tourism market, is keeping international air capacity at just 2% of pre-pandemic levels and has yet to relax tight travel restrictions

Asian factories shake off lockdown blues, now face supply headaches

Asia's factory activity stepped up a gear in October

New Asian gas projects create $379 bn stranded asset risk: Report

A planned $379 billion expansion of gas infrastructure in Asia risks becoming stranded assets

India agrees to $200 mn Line of Credit to support projects in Kyrgyzstan

Jaishankar will be in Kazakhstan from October 11 to 12 to attend the 6th Ministerial meeting of the Conference of Interaction and Confidence Building Measures in Asia (CICA)

Asia scrambles to stock up fuel as prices spike in global energy crunch

An electricity crisis is roiling energy markets from Europe to Asia, with fuels that can be used for heating or power in high demand.

Investors with $4 trn assets aim to tackle Asian firms on climate goals

A group of six investors with a combined $4 trillion of assets under management, including Fidelity International, said on Wednesday it aims to step up engagement with big Asian companies

Asia's coal prices hit new highs as global utilities scramble for fuel

BEIJING/CHENNAI (Reuters) - Thermal coal prices across Asia hit new highs this week as China and India restock critically low inventories to meet robust power consumption, industry sources said.

India only overweight among the top four global emerging markets

China (including Hong Kong), Taiwan, South Korea, and India have the highest average weightage in the EM space, accounting for two-third allocations

Saudis cut oil prices to woo buyers as OPEC+ boosts supply

State producer Saudi Aramco is rolling back pricing on all of its grades to its biggest market in Asia.

Work from home future fades in Asia as companies seek more office space

The firm surveyed 109 companies across the region from industries including real estate, technology and finance between May and June

US private equity fund Lone Star lays off majority of Asia staff: Sources

Texas-based private equity firm Lone Star Funds has laid off most of its investment team in Asia outside Japan in a major retreat from the region

Jet lag: Asia's air travel may take three years to recover from Covid-19

Asia's jet fuel usage accounted for a third of global consumption in 2019. Right now, the region's overall flight numbers -- domestic and international -- are 70% of pre-virus levels