Page 16 - Asia
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.
 "Asia scrambles to stock up fuel as prices spike in global energy crunch")
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
 "Investors with $4 trn assets aim to tackle Asian firms on climate goals")
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.
 "Asia's coal prices hit new highs as global utilities scramble for fuel")
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
 "India only overweight among the top four global emerging markets")
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.
 "Saudis cut oil prices to woo buyers as OPEC+ boosts supply")
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
 "Work from home future fades in Asia as companies seek more office space")
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
 "US private equity fund Lone Star lays off majority of Asia staff: Sources")
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
 "Jet lag: Asia's air travel may take three years to recover from Covid-19")
South Asia risks water insecurity as global warming affects Himalayas
Warming-induced changes in the Himalaya-Karakoram region will impact water availability in the Indus, Ganga and Brahmaputra basins.
 "South Asia risks water insecurity as global warming affects Himalayas")
A geopolitical roadmap in uncertain times
Book review of India and Asian Geopolitics: The Past, the Present
 "A geopolitical roadmap in uncertain times")
Coronavirus epidemic similar to Covid-19 hit East Asia 20,000 years ago
A coronavirus epidemic broke out in the East Asia region more than 20,000 years ago, similar to the current Covid-19 pandemic, an international study of human genomes has discovered.
 "Coronavirus epidemic similar to Covid-19 hit East Asia 20,000 years ago")
India's gasoline demand recovers as Asia growth remains patchy in pandemic
Stockpiles of light distillates in the distribution hub of Singapore suggest growing oversupply.
 "India's gasoline demand recovers as Asia growth remains patchy in pandemic")
HSBC aims to be top Asia wealth manager in 5 yrs, eyes China middle class
The London-based bank has outlined ambitious plans to expand in wealth management, particularly in China.
 "HSBC aims to be top Asia wealth manager in 5 yrs, eyes China middle class")
Best of BS Opinion: Opportunities galore in the east, Covid crisis & more
Here are the best of Business Standard's opinion pieces for Thursday
 "Best of BS Opinion: Opportunities galore in the east, Covid crisis & more")
Opportunities galore in the east
A deeper integration with east Asian economies could be integral to India's economic recovery in the pandemic
Asia welcomes United States vaccine donations amid cold storage worries
Health officials and experts in Asia have welcomed US plans to share 500 million more doses of the Pfizer vaccine with the developing world
 "Asia welcomes United States vaccine donations amid cold storage worries")
An international order with Chinese traits?
The fluidity of the geopolitical landscape has amplified anxieties in Asia and placed India in an unenviable situation
 "An international order with Chinese traits?")
Corporate governance failings impede Asian companies ESG efforts : Report
Asian regulators should tell companies how to reform their boards to better address environmental, social and governance (ESG) challenges, according to recommendations published on Thursday
 "Corporate governance failings impede Asian companies ESG efforts : Report")
Global trade rebounds in Q1 of 2021 on Asian exports, pandemic demand
Global trade enjoyed a record rebound in the first quarter of 2021, according to UN estimates, growing 10 per cent year-on-year largely on the back of booming exports from East Asia
 "Global trade rebounds in Q1 of 2021 on Asian exports, pandemic demand")
Restrictions reimposed as virus resurgence ravages much of Asia
Across much of Asia, taxi drivers are starved for customers, weddings are suddenly canceled, schools are closed, and restaurant service is restricted as the coronavirus comes surging back in countries
 "Restrictions reimposed as virus resurgence ravages much of Asia")