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South Korean automaker Kia Corp will use batteries from China's Contemporary Amperex Technology Co Ltd in an electric vehicle (EV) to be sold domestically, a newspaper said on Wednesday, in what would be its first use of non-Korean EV batteries for local sales.

Indonesia is looking to up its game in EVs.

An eye-popping $17 billion wipeout in market value has made Life Insurance Corp. of India one of the biggest wealth destroyers among Asia's initial public

After losing for ten successive sessions, shares of Life Insurance Corporation (LIC) of India were in green on Tuesday morning deals.

An eye-popping $17 billion wipeout in market value has made Life Insurance Corp of India one of the biggest wealth destroyers among Asia’s initial public offerings this year. Having plunged 29 per cent since its May 17 debut, India’s biggest-ever IPO now ranks second in terms of market capitalisation loss since listing, according to data compiled by Bloomberg. The drop puts it

(Reuters) -Thousands of South Korean truckers were on strike for the seventh day on Monday, protesting over pay as fuel costs surge, disrupting

Impact of strike by South Korean truckers on autos, steel, others

A $17 billion wipeout in market value has made LIC one of the biggest wealth destroyers among Asia's initial public offerings this year

JAPAN <strong>GDP down less than forecast</strong> The economy contracted in the first quarter, but at a slower pace than earlier estimated, the government said yesterday. The world’s third-largest economy contracted at an annual rate of 0.5 percent, Cabinet Office data showed. That was smaller than the 1 percent contraction in the preliminary estimate for Japan’s real GDP released last month. The economy contracted 0.1 percent quarter-on-quarter in the January-to-March period, b...

Foreign selling reaches 15 tril. won in Korea this year