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TOKYO -- Japanese trading houses Toyota Tsusho and Sojitz plan to build and operate wind farms in Uzbekistan, aiming to tap demand for renewable energy in a country largely reliant on natural gas for power generation.
SEOUL -- Heavy rains and floods in northern North Korea appear to have caused significant damage to rail lines and other infrastructure in a key trade hub near China, dealing a serous blow to the economy.
The key driver of global markets is the yen exchange rate, according to one financial historian, who warned the trend should concern those "entirely focused on U.S. domestic dynamics in trying to assess price outcomes."
After years of struggling to assert leadership across South and Southeast Asia, India wants to breathe new life into a dormant regional grouping that binds the trade, business and security interests of many of its neighbours together and may provide New Delhi with a strong diplomatic platform – that excludes the dominant economic power of China.
Chinese electric vehicle (EV) and battery makers are continuing to expand their presence in emerging markets like Latin America – despite heightened political resistance from the European Union and United States – as the country looks to cement its leading position in the industry.
LONDON — European stocks extended losses on Friday amid a global downturn, as weak U.S. economic data sparked fears of a recession.
Vietnam will continue to be classified as a non-market economy, the US announced on Friday, one of only 12 nations Washington identifies as such.
TOKYO -- International natural-rubber prices have hit lows not seen in more than two months, pushed down by easing supply concerns coupled with uncertainties over Chinese demand.