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Asia

McDonald's, KFC involved in another China food safety scandal

Chinese authorities are investigating after a report exposed a supplier falsifying product expiration dates.
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New FDA requirements to increase costs for Indian drug makers

The U.S. Food and Drug Administration (FDA) is introducing more stringent regulation regarding quality standards for drug products manufacturing, which will push up costs for Indian drug producers.
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Wal-Mart to spend more than $48 million on food safety in China

Supermarket chain Wal-Mart has pledged to increase its investments in China's food safety threefold, following the scandal in which fox meat was sold as donkey meat in the Asian country.
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China arrested 186 people for environmental violations in 2013

As part of a nationwide campaign carried out in 2013 by local environmental authorities, over 3,500 businesses and workshops were closed after some 6,500 instances of environmental problems were detected.
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India's drug makers embrace automation

India's second largest drug maker by sales, Dr. Reddy's Laboratories, is embracing automation and making it a critical part of the manufacturing process.
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China's gas demand to almost double by 2019, IEA says

Demand for natural gas in China will grow to 315 billion cubic meters by 2019, according to the 2014 Medium-Term Gas Market Report by the International Energy Agency.
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China to combat illegal wastewater discharges

Premier Li Keqiang said in a State Council meeting on energy saving and emission reduction that China aims to tackle the problem and hopes to deal a serious blow to polluters.
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Exxon focuses on LNG sales on Asian spot market

Exxon Mobil Corp. has been involved in negotiations with customers in Asia regarding sales of liquefied natural gas on the spot market.
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Gazprom signs 30-year gas delivery contract with China

Russia and China have signed a historic 30-year gas delivery deal that is estimated to be worth more than $400 billion.
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Japanese machine orders surge

In March, Japan's core machinery orders rose the most in more than 18 years, signaling an upswing in business investment.
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