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India’s infrastructure output contracts first time in 4 years

Bloomberg India’s core infrastructure industries’ output contracted for the first time in more than four years in August, reflecting weak demand in the economy. The index of eight core infrastructure industries, which comprises output of coal, crude oil, cement and electricity among others, fell 0.5 percent in August. It had last declined in April 2015. The overall output was weighed ...

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Kansai to reveal details of payoff scandal

Bloomberg Kansai Electric Power Co is set to disclose more details of a nuclear payoff scandal as investor scrutiny intensifies and the government orders an independent investigation. The utility plans to identify the 20 company officials who accepted gifts, including details about the cash and goods they received, at a press conference at 2 pm in Osaka, according to Kyodo ...

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Citing smog, Hanoi warns people to avoid outdoors

Bloomberg A blanket of smog covering Vietnam’s capital of Hanoi is causing officials to warn residents to avoid going outside and wear protective masks. Hanoi was listed as having the worst air globally for pollution in major cities at 2 pm local time, data from monitoring firm Impair Air Visual showed. The Vietnam Environment Administration attributed the increase in smog ...

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