Page 16 - Asia

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

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.

A geopolitical roadmap in uncertain times

Book review of India and Asian Geopolitics: The Past, the Present

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.

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.

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.

Best of BS Opinion: Opportunities galore in the east, Covid crisis & more

Here are the best of Business Standard's opinion pieces for Thursday

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

An international order with Chinese traits?

The fluidity of the geopolitical landscape has amplified anxieties in Asia and placed India in an unenviable situation

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

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

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

Asian-American business leaders fund anti-discrimination effort

Over the past year, hate crime against Asian-Americans has jumped 169 per cent, according to a study by the Center for the Study of Hate & Extremism

Unnecessary panic: Astra vaccine unmasks the great East-West divide

'Let's not become part of that war between the different firms, because it's already visible'

Shoppers snap up gold bangles to bars amid price slump in Asia

Gold in the international market dropped 0.9 per cent to $1,729.60 an ounce on Monday

Emerging Asia's recovery can withstand reflation trade: S&P Global Ratings

The reflation trade that is lifting US yields will not hit Asian emerging markets' financial conditions and growth outlook as much as during the taper tantrum of 2013, S & P Global Ratings said on Wednesday."The recovery across Asia's emerging economies should withstand rising US yields so long as this reflects an improving growth outlook and reflation rather than a monetary shock," said Shaun Roache, Asia Pacific Chief Economist at S & P.In 2013, US yields leaped after the Federal Reserve indicated it will begin unwinding its quantitative easing programme. The resulting panic over rising credit costs led to sharp outflow from emerging markets, including Asia's, and forced central banks to hike interest rates."Not all yield shocks are created equal," said Roache.The report highlighted three important factors that determine vulnerability to external shocks in Asia and which are relevant today.One: the nature of the shock. Yields can rise for more than one reason. Some are more .