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3 Hikers Dead After Volcano Erupts in Indonesia

Indonesian authorities said other climbers had safely evacuated Mount Dukono, which had been off-limits because of volcanic activity. By John Yoon and Muktita Suhartono At least three hikers were ...

REUTERS 2025-01-31T07:36:15+00:00

Thai EV output set to jump, sparking a price war in a bruised market

Thailand is bracing for an extended EV price war triggered by a surge in local production from Chinese car makers, a move likely to deal a further blow to a domestic auto industry already struggling with tumbling sales, industry experts said.

REUTERS 2024-04-30T12:00:00+00:00

China overtakes Japan in April as Australia's top coal market

Australia shipped more coal to China than Japan in April, the first time this has happened in any month in more than four years, underscoring shifting market dynamics and an improved political relationship with Beijing.

REUTERS 2022-03-10T14:38:01.830000+00:00

Coal's rally thumps oil and gas, brings pain to Asian buyers

The skyrocketing price of crude oil and natural gas in Europe in the wake of Russia's invasion of Ukraine is grabbing the bulk of headlines, but their gains look modest compared to those of thermal coal.

REUTERS 2023-03-14T09:18:53.687000+00:00

Philippines set to go from renewable laggard to leader in SE Asia

The Philippines is set to leapfrog Vietnam as the main renewable energy producer in Southeast Asia, thanks to an aggressive project development pipeline that will result in a 15-fold boost in combined solar and wind power by 2030.

REUTERS 2021-01-12T07:19:17+00:00

Indonesia's Sriwijaya flew old planes and neglected routes to become No.3 carrier

Starting with just one plane in 2003, Indonesia's Sriwijaya Air has become the country's No.3 airline group, aided by its strategy of acquiring old planes at cheap prices and serving routes neglected by competitors. The mid-market airline, which has few international flights, was thrust into the spotlight this week when a nearly 27-year old Boeing Co (BA.N) 737-500 crashed into the Java Sea on Saturday with 62 people on board.

REUTERS 2023-02-28T19:33:00+00:00

Want billions to make US chips? Here is how to get them

The Biden administration, which is making a $52 billion push to build more chips in the United States, said on Tuesday that it would require companies winning taxpayer funds for the initiative to give back excess profits and provide affordable childcare.

REUTERS 2022-12-29T12:15:16+00:00

China's Xi solidified grip on power during tumultuous 2022

Xi Jinping secured an historic third leadership term in October, emerging as China's most powerful ruler since Mao Zedong, bolstered by a Politburo Standing Committee stacked with allies and no successor-in-waiting to challenge him.

REUTERS 2026-05-06T23:04:33.772000+00:00

Singapore bank UOB aims to double wealth income by 2030

Singapore's United Overseas Bank, or UOB , is aiming to double its wealth income by 2030, the lender's ​chief executive officer said on Thursday, as it looks to strengthen its wealth arm as a key pillar of growth in the ‌coming years.

REUTERS 2022-10-30T03:13:27+00:00

Some of the world's worst stampedes

At least 151 people were killed in a crush during a Halloween celebration in South Korea's capital Seoul late on Saturday.

REUTERS 2022-09-29T09:12:03+00:00

Could an indigenous funding boost revive stuttering forest pact?

Ramping up funding for indigenous and local communities - rather than just governments - to take the lead in protecting threatened forests could be key to boosting a stuttering global deforestation pact, according to green groups.