Japan, Britain and other nations have pledged millions to the new scheme, as China’s dominance of critical minerals sector ...

The disruption spurred the Asian Development Bank to cut its growth forecast for developing Asia and the Pacific to 4.7% this year and 4.8% in 2027, down from 5.1% for both years previously, and ...

The Asian Development Bank (ADB) has announced an ambitious $70 billion initiative to enhance energy and digital ...

The Pan-Asia Power Grid Initiative aims to connect national and subregional systems to enable cross-border renewable energy flow.

At the core of the plan is the $50 billion Pan-Asia Power Grid Initiative, a transformative effort to move beyond fragmented ...

ADB will back $70 billion in new energy and digital infrastructure initiatives by 2035, aiming to connect power grids, expand ...

The Asian Development Bank (ADB) on Sunday announced a $70 billion programme to expand energy and digital infrastructure ...

The conflict between the United States-Israel and Iran, now in its second month, is sending shockwaves through energy markets and trade routes that millions of Asian businesses and consumers depend on ...

Korea Eximbank and the Korean Trade Insurance Corporation had each signed a $500 million memorandum as the facility’s first ...

The ADB now expects regional growth at 4.7% in 2026 and 4.8% in 2027, down from 5.1% for both years projected in its previous report earlier in April. Inflation across the region ...

Asia and the rest of the world face "immense" challenges, and the Asian Development Bank must work with others to address those issues, its director general Tomoyuki Kimura told CNBC. He highlighted ...