Bloomberg Typhoon Yutu slammed into northern Philippines on Tuesday and is travelling a path similar to last month’s super storm Mangkhut that killed at least 82 people and damaged about $500 million of farm output in the Southeast Asian nation. More than 10,000 people were moved to safer grounds before Yutu came ashore. As many as 12 million people are ...

Bloomberg Mongolia’s president said he may go on a hunger strike or stage a sit-in as a last resort to pressure the North Asian nation’s parliament to voluntarily disband after he criticized it for failing to stand up to economic challenges. President Khaltmaa Battulga, who has only has limited power to introduce and veto legislation, made the suggestion in a ...

Bloomberg Keep pouring money into coal-fired plants and it won’t be just the fuel that’s getting burned. As much as $60 billion of coal power assets may be stranded in the next decade across Vietnam, Indonesia and the Philippines, according to a new study by Carbon Tracker, which cited tighter environmental policies and competition from cheaper renewable energy. That analysis ...