Emirati and Malaysian officials say they've reached a deal over the indebted and troubled Malaysian investment fund 1MDB, with the UAE set to receive US$1.2 billion over this year.
Southeast Asia's potential beckons as global automakers look beyond China's massive market to extend their sales boom in the region, but executives say they face a struggle to match the explosive Chinese growth.
More than 200 delegates from the Association of Southeast Asian Nations (ASEAN) will proceed with a meeting in a central Philippine resort province this week despite a foiled attack there by Muslim extremists, officials said Monday.
Developing Asian countries will drive the world economy in the next two years, the Asian Development Bank (ADB) said Thursday, but it warned of uncertainties from the United States and Europe.
Led by cutbacks in China and India, construction of new coal-fired power plants is falling worldwide, improving chances climate goals can be met despite earlier pessimism, three environmental groups said Wednesday.
Asian markets mostly advanced Thursday, picking up the baton from record performances in New York and Europe where traders cheered upbeat U.S. economic data and Donald Trump's conciliatory speech to Congress.
Asian markets struggled Thursday as investors put the brakes on a Trump rally that has inflated global stocks, while Japanese car giant Nissan fell after Carlos Ghosn, the man considered its savior, stepped down as CEO.
Asian markets dipped Tuesday after a three-day rally but analysts said there was likely room for further gains as traders bet President Donald Trump will help fire up the U.S. economy.
People across Asia are poised for a potentially dramatic change in relations with Washington under President Donald Trump after decades with the United States as a major military and economic presence.
There's a general consensus that 2016 was bad. But apparently, 2017 may even be worse, according to some forecasts in the region.