Iran war strikes Nepal's economy with '4 or 5 shocks at same time'

KATHMANDU -- War in the Middle East and the sudden surge in fuel costs are hitting Nepal's economy, stranding migrant workers, threatening restaurant operations and disrupting flights during peak tourism season.


China's e-trucks poised to dominate nascent EU market

HAMBURG, Germany -- The electric-truck market may be the next frontier in Europe's transition to green vehicles, but Chinese manufacturers are once again at the forefront of the revolution.


Japan stocks plunge as threats escalate between US and Iran

TOKYO -- Japanese stocks took a big hit on Monday morning as investors continued to fret over the conflict in the Middle East amid escalating threats.


Indian cities' bond struggles weigh on climate finance needs

RAJASTHAN, India -- A new Indian government initiative is encouraging cities to issue bonds to raise climate adaptation funds, but a weak track record in tapping capital markets has raised questions of how far this can go in covering the trillions of dollars needed.


Australian space tech startup Gilmour has big launch ambitions

BRISBANE, Australia -- Developing domestic launch capabilities will be key for Australia to stay competitive in the increasingly crowded space market, where bottlenecks in launch schedules are piling up, says the CEO of the country's first space tech unicorn.


War in the Middle East exposes high-flying Seoul stock market's vulnerability

SEOUL -- Lee, a 67-year-old retiree in Bucheon, west of Seoul, regretted that he sold his Samsung Electronics stock when he did, in December, at 100,000 won ($67) per share. Afterward, he watched the price climb, more than doubling to a record high of 218,000 won on Feb. 26.


'Nuclear free' Taiwan eyes step toward restarting reactors

TAIPEI -- State-owned Taiwan Power as soon as this month will propose reopening nuclear power plants, starting a safety review process expected to take up to two years.


Middle East oil shock hits home for smaller Japanese companies

HAMAMATSU, Japan/OKAYAMA, Japan -- From auto parts to plastics to trucking, a wide range of local Japanese companies are bracing for the biggest oil supply disruption in decades.


New Japanese satellite effort to use light for faster communication

TOKYO -- Japanese companies aim to start a satellite communications service by 2030 that can transmit large volumes of data at high speeds using light.


Britain needs China to help build clean tech, says UK renewables CEO

LONDON -- Octopus Energy may not be a familiar name outside Britain yet, but the country's top renewables supplier is spreading its tentacles in Asia, seeking cooperation with Chinese companies, while expanding opportunities to sell its products and technologies in Japan and South Korea.