Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzorig, deputy director of Erdenes MGL, the Mongolian government company that will hold at least 51 percent of the equity.
Malaysia's biggest mobile service provider, Maxis Bhd, aims to raise as much as $3.65 billion in the country's biggest IPO, despite a cooling off in demand for Asian listings following China's flurry of offerings.
South Korea ended a frustrating losing streak in overseas resource deals with the agreed $1.7 billion takeover of Canada's Harvest Energy Trust, securing oil and gas reserves but also taking on an aging refinery in need of significant investment.
A trade row between Thailand and the Philippines threatened to derail a regional free trade pact on Friday, as hosts Thailand cast tight security over an Asian summit twice postponed due to anti-government protests.
South East Asian leaders are meeting in Thailand to work toward creating a political and economic union for the region by 2015.
Chinese President Hu Jintao, made the fifth phone conversation with U.S. President Barack Obama Wednesday. President Hu expressed his confidence that a positive outcome at the upcoming Copenhagen world climate summit in December could be provided improvement in bilateral relations and faced the weather pattern challenge.
Japan could weaken its target for a 25 percent cut in greenhouse gas emissions by 2020 if all major emitters do not reach agreement on an ambitious global climate pact, the environment minister said Friday.
A combination of investment risks threatens to obstruct an already stumbling U.N.-backed $6.5 billion market in clean energy projects in emerging nations, years before the scheme's first phase is due to end.
Japan's Nikkei stock average edged up 0.2 percent on Friday, with construction machinery shares rising on hopes for China's economy and Kirin Holdings (2503.T) gaining ground on a brokerage upgrade.
Asian shares rose on Friday as investors were encouraged by upbeat earnings reports from the United States and Asia while the dollar resumed a broad slide after a Fed official indicated U.S. rates would remain low.
The Aussie dollar ran into a wall of resistance ahead of 93 cents during yesterday's Asian morning session retreating throughout the afternoon with the market somewhat disappointed by China's envious 8.9% economic growth result.
China's gross domestic product (GDP) grew 8.9 percent in the third quarter, while the economy rose 7.7 percent in the first three quarters year-on-year, Li Xiaochao, spokesman of the National Bureau of Statistics (NBS) announced on Thursday.
Can a weaker dollar propel oil prices higher than current levels near $81 a barrel, or will bearish oil market fundamentals hold oil prices back? The correlation between oil prices and the dollar has reached a coefficient of -0.9 in 2009, Reuters data shows.
The Dalai Lama, Tibet's exiled leader, will make a week-long visit to Arunachal Pradesh, his aide said on Thursday, a trip that is bound to upset Beijing, which claims part of the territory as its own.
Japan said on Thursday it could not sign off on a planned reorganisation of U.S. troops in the country before President Barack Obama visits Tokyo next month, after the U.S. defense secretary bluntly called for the deal to be implemented.
Someone once told me that India is growing at such a fast rate that the number of babies born in the country per year is equivalent to the entire population of Australia. So every year that passes, India
France's Areva on Thursday posted a 6.4 percent rise in nine-month sales, driven by its uranium activities and the power Transmission & Distribution (T&D) unit it has been forced to put up for sale.
A group representing authors in China has accused Google of violating copyrights with its digital library, a claim that Google denies by saying the service complies with international law.
Dow Chemical Co posted a 66 percent jump in third-quarter earnings on Thursday to beat Wall Street's expectations, but it warned it does not expect market improvements next year.
China has not ruled out military action to rescue the crew of a coal ship hijacked by Somali pirates, but is also open to negotiations over what a Chinese military officer said on Thursday could be a long standoff.
AIDS researchers want to expand their study of a rare group of HIV-infected people, whose immune systems naturally and mysteriously prevent the virus thriving in their bodies, to span the globe.
The two Koreas met last week in secret in Singapore to discuss a summit, a broadcaster in the South said on Thursday, an encounter that follows Pyongyang's bid to reach out to its rivals after being hit by U.N. sanctions.
