Page 16 - Asia
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
 "Asia's most expensive apartment sold in Hong Kong's Peak area")
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
 "In Delhi, 8 nations say Afghan territory shouldn't be used for terror acts")
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
 "Larger-than-expected Saudi crude price hikes to Asia bullish for markets")
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 LNG prices slip below $30/mmBtu as supply improves in Europe")
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
 "Asia tourism reopens with big-spending Chinese stuck at home")
Asian factories shake off lockdown blues, now face supply headaches
Asia's factory activity stepped up a gear in October
 "Asian factories shake off lockdown blues, now face supply headaches")
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
 "New Asian gas projects create $379 bn stranded asset risk: Report")
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)
 "India agrees to $200 mn Line of Credit to support projects in Kyrgyzstan")
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")