Seoul / AFP South Korea has called for car giant Nissan to face criminal charges for allegedly manipulating emissions data on a popular sports utility vehicle, weeks after Seoul slapped the firm with a fine over the issue. The environment ministry called on state prosecutors to probe Nissan Korea after saying tests had shown an emission defeat system on the ...

  Shanghai / Bloomberg China’s cities need about 6.6 trillion yuan ($1 trillion) of green financing over the next five years to reach its pollution-reduction targets, according to a report. Financial markets will need to cover as much as 90 percent of investment funding for clean transportation, energy-efficient buildings and renewable power through 2020, according to the executive summary of ...

  Bloomberg Standard Chartered Plc, the London-based bank that generates most of its income from Asia, is seeking to double operating profit at its Pakistan unit within five years as the country’s economy grows and banks churn out more loans. The bank is targeting an advance to deposit ratio of at least 45 percent in 12 months from 35 percent ...