In addition to connecting grids across Southeast Asia, ADB is also working on plans to bring energy from Central Asia to Europe under its Pan-Asia Power Grid Initiative, Kanda said.
https://t.co/xLp25LLkHG
Despite the latest U.S.-Iran agreement, lengthy processes lie ahead for commodity supply and prices to get back to their prewar states.
https://t.co/Jy6pNTkF2s
Japan's industrial output, unemployment rate and retail sales all improved in April despite the ongoing conflict in the Middle East, government data showed on Friday.
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April trade statistics showed Japan's crude oil imports from the Middle East fell 67%, with some coming from the UAE, Saudi Arabia, Oman and Qatar, but none from Kuwait.
https://t.co/9y5AULoCXt
Manufacturers say there are no acute aluminum shortages yet, but some say alloys used for auto wheels will be particularly difficult to obtain from regions other than the Middle East.
https://t.co/nlA0aNeKmV
Indonesia hopes to expand bilateral cooperation on carbon trading, not only with Japan but also with others including South Korea and Singapore.
https://t.co/ZQIPEXpCQb
Our piece looking back at Japan’s turbulent market in early August:
Japan stock volatility chased away speculators, lured long-term investors
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Coffee prices look to remain volatile through the end of 2024 due to bad weather, a shipping crunch and tighter environmental regulations, according to analysts and industry players.
https://t.co/otio8EhmIU
IFC’s regional VP referred to the Asian region as a promising market for "blue bonds," which he sees as "one of the sectors in the thematic bond that will grow quicker.”
https://t.co/74E8mBowv0
Developed countries need to take the lead but other large economies, including China, should begin making contributions for climate finance, said German state secretary Jennifer Morgan in her Asia trip.
https://t.co/LI8mhXpyGL
It is not so difficult for Japanese companies to stop sourcing oil from Russia, since Japan is mostly dependent on Middle East.
https://t.co/WoXJykpX6s