Asia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...

Asian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...

During recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...

Malaysia's government is boosting petrol subsidies significantly. The spending will rise to 2 billion ringgit from 700 million ringgit. Thi...

India has 8.3% weight in the MSCI EM Index and foreign funds are overweight by 100-150 basis points

HPCL has sounded an alarm over its inability to procure crude oil for processing raising prospects of idle capacity in its refineries.

Malaysian premier Abdullah Ahmad Badawi said a recent move to cut petrol prices by 5.6 percent to 2.55 ringgit (0.76 dollars) a litre was n...

Subsidies pose an increasing fiscal burden that emerging Asian economies should move away from, the former International Monetary Fund chie...

Demand has fallen in countries where consumers have borne the full brunt of higher prices. Beat inflation I War on inflation | Global infla...

China's decision to hike prices for petrol, diesel and electricity has won praise from the United States despite fears it could spark incre...

Malaysia, which recently raised fuel prices, is considering a ration system to sell a limited amount of gasoline and diesel at subsidized r...

The government finally bit the bullet on fuel price hikes and raised retail prices with effect from Wednesday midnight.

Malaysia's petrol price will rise 40 percent to 2.70 ringgit (0.84 dollars) a litre from Thursday as controls are removed under a revamped ...

The Cabinet on Wednesday approved fuel price hike. Fuel prices were last raised in February. All Headlines | Mkt Calendar | Gainers & Loser...

India's political leaders are divided over the extent to which fuel prices should be raised, delaying the government's decision on compensa...

Torn between protecting the poor and saving their budgets, governments across Asia are being forced to slash fuel subsidies as world oil pr...

Malaysia on Sunday said it was considering using its chip-based national identity card to prevent visitors from Singapore and Thailand buyi...