Gulf Times - Asia
Asia key to global energy demand growth; oil remains a valuable commodity

Asia key to global energy demand growth; oil remains a valuable commodity

The global oil sector suffers from a combination of negative oil prices, excess storage space, declining demand, and calls for a renewable energy revolution in the post-Covid-19 era.

Pandemic to bring Asia's 2020 growth to halt for 1st time in 60 years: IMF

Pandemic to bring Asia's 2020 growth to halt for 1st time in 60 years: IMF

Asia's economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an ‘unprecedented’ toll on the region's service sector and major export destinations ...

Asia's factory activity plunges as coronavirus shock deepens

Asia's factory activity plunges as coronavirus shock deepens

Factory activity contracted sharply across most of Asia in March as the coronavirus pandemic paralyzed economic activity across the globe, with sharp falls in export power-houses Japan and South Korea

Asia steps up virus efforts as second wave of infections strikes

Asia steps up virus efforts as second wave of infections strikes

From Australia's Bondi Beach to the streets of New Delhi, authorities across Asia ramped up efforts this weekend to stem the coronavirus amid fears of a second wave of infections ...

Asian nations launch entry bans, close schools to slow coronavirus

Asian nations launch entry bans, close schools to slow coronavirus

New Zealand, Cambodia and Taiwan were among the countries in the Asia Pacific region to announce new travel restrictions on Saturday as part of global efforts to curb the spread of the new coronavirus.

Climate-fuelled flooding to imperil 300 million by 2050

Climate-fuelled flooding to imperil 300 million by 2050

Coastal areas currently home to 300 million people will be vulnerable by 2050 to flooding made worse by climate change, no matter how aggressively humanity curbs carbon emissions, scientists have warned.

US Defence Secretary says he favours placing intermediate-range missiles in Asia

US Defence Secretary says he favours placing intermediate-range missiles in Asia

US Defence Secretary Mark Esper said on Saturday that he was in favour of placing ground-launched, intermediate-range missiles in Asia relatively soon

Indonesia returns five containers of waste to the US

Indonesia returns five containers of waste to the US

Indonesia has returned five containers of rubbish to the United States and will not become a ‘dumping ground’, officials said Saturday, the latest Southeast Asian country to return imported waste.

Philippines says envoy recalled over Canada trash row

Philippines says envoy recalled over Canada trash row

The Philippines has recalled its ambassador to Canada, Manila's foreign minister said Thursday, in an escalation of a festering diplomatic row over tonnes of trash dumped in the Southeast Asian nation.

Vietnam beat Malaysia at home to claim Suzuki Cup

Vietnam beat Malaysia at home to claim Suzuki Cup

An early goal by Nguyen Anh Duc proved decisive as Vietnam beat Malaysia 1-0 at My Dinh National Stadium on Saturday to lift the AFF Suzuki Cup for the second time.

Unilever buys GSK Asian health drinks arm for 3.3 bn euros

Unilever buys GSK Asian health drinks arm for 3.3 bn euros

Anglo-Dutch food giant Unilever said Monday it is buying GlaxoSmithKline's health drinks portfolio in Asia for a total of 3.3 billion euros ($3.7 billion), including iconic night-time hot drink Horlicks.

Indian rupee touches record low as Asia markets tumble

Indian rupee touches record low as Asia markets tumble

Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion from financial crises in Argentina and Turkey.