PARIS / WAM Growth in Emerging Asia is proving resilient with real GDP growth in 2023 projected to 5.3 % on average in Emerging Asian economies (Asean-10, China and India), and by 4.6 % on average in Asean economies alone. The export sector helped boost economic growth and maintain the momentum of the region’s economies, though it has weakened recently. ...

BLOOMBERG The share of clean sources in India’s power generation capacity should surge to 90% by 2047 — more than double from now — for the nation to meet its climate goals, federal Power Secretary Alok Kumar said. The country will need to reduce the share of coal, which currently accounts for about half of its installed capacity and almost ...

BLOOMBERG European natural gas prices rose as strikes in France that are prolonging outages at the nation’s energy infrastructure increased worries about supply. Nuclear reactor availability in the country has dropped to 57%, driving up local power prices. The strikes have also hit oil refineries and liquefied natural gas import terminals. A short cold spell is passing through Europe, adding ...