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China's state-owned firms struggle to align climate rhetoric with reality

China has already submitted updated climate targets to the United Nations as a new round of climate change talks gets under way in Glasgow.

Festival demand spurs India's gasoil consumption to above pre-Covid levels

Gasoline sales at 2.48 million tonnes rose by 3.93% from a year earlier, the data showed.

China's Oct factory activity expands more quickly, but output weighs: PMI

A sub-index for output showed production shrank for the third consecutive month and at a faster rate than in September.

Asian factories shake off lockdown blues, now face supply headaches

Factory activity in October expanded in Vietnam, Indonesia and Malaysia as operations gradually normalised after being hit by shutdowns caused by a spike in COVID-19 infections.

Japan's factory activity expands at fastest pace in 6 months in October

The final au Jibun Bank Japan Manufacturing Purchasing Managers' Index in Oct rose to 53.2 on a seasonally adjusted basis from 51.5 in the previous month, expanding for the ninth consecutive months.

In India, Tamil Nadu eyes coal power reboot in spite of local fears

Tamil Nadu is among India's top renewable energy producers, it is also constructing the most number of coal-fired plants nationwide, according to London-based environmental think tank Carbon Tracker.

As COP26 targets coal, Asia builds hundreds of power plants to burn it

Coal use is one of the many issues dividing industrialised and developing countries as they seek to tackle climate change.

Global leaders search for ways to strengthen global supply chains

Supply chain problems have emerged as the global economy has pulled out of a pandemic-induced recession and threaten to slow recovery.

EU, US end clash over steel, aluminium tariffs, to work on global deal

Biden said the deal immediately removed tariffs on the European Union steel and aluminium, imposed by the previous administration, and lowered costs to US consumers

Saudi Aramco net income surges 160% on rise in oil price, demand

Aramco shares were up 1 per cent in early trade after the company disclosed its results

G20 offers little new on climate, leaving unfinished business for COP26

UN Secretary-General Antonio Guterres said the Rome summit was not all he hoped for

G20 leaders offer few commitments on climate, agree on 1.5 degree target

The G20 bloc, which includes Brazil, China, India, Germany and the United States, accounts for an estimated 80% of global greenhouse gas emissions

Stocks approach historically strong period but Fed taper looms

Investors are weighing whether momentum from stock market's record-breaking rally will continue in last two months of 2021, a traditionally strong calendar period for equities

China factory activity contracts for second month as input woes continue

The official manufacturing Purchasing Manager's Index (PMI) was at 49.2 in October, down from 49.6 in September.

Centre proposes new rules to push green energy use in industries

The announcement comes just days after India rejected calls to announce a net zero carbon emissions target

G20 leaders endorse global minimum corporate tax deal for 2023 start

The conclusions are to be formally adopted on Sunday

Oil prices rebound, edge up ahead of next week's OPEC meeting

Brent and US crude oil benchmarks both declined on the week after reaching multi-year highs on Monday

Wall Street shakes off Amazon, Apple weakness to end modestly higher

The Dow Jones Industrial Average rose 89.08 points, or 0.25%, to 35,819.56

G20 wants 70% of world vaccinated by mid-2022, sets up pandemic task force

The previous goal had eyed vaccinating 70 per cent of the world's population by the autumn of 2022

Evergrande makes coupon payment before Friday deadline: Report

Evergrande, once China's top-selling developer, is reeling under more than $300 billion in liabilities