Chinese firms are eyeing new Pakistan power projects, but investing in a large private company that deals directly with consumers would be a first, a senior Karachi-based financial adviser said.
Online retail as a percentage of total retail in China has grown steadily to 12.6 percent, and is forecast to reach 17 percent in 2018
Despite rebounding this year, oil still trades at less than half of mid-2014 levels, with the market still worried about a glut that spurred the biggest price rout in a generation.
The BOJ is ready to lead research and analysis to promote fintech in Japan given it has various implications for central banking, Kuroda said.
Oil prices eased in Asia following news that Iraq will boost crude exports, while the dollar strengthened on speculation the Federal Reserve could hike interest rates in 2016.
Singapore is the fourth most expensive city in the world, according to Mercer, a global consultancy.
Globally, silver fell 2.2 per cent to USD 19.26 an ounce in New York on Friday's trade. Gold fell 0.81 per cent to USD 1,341.10 an ounce.
Australian share market remained steady on Friday with the S&P/ASX 200 index up by 0.16%.
The Nikkei was flat at 16,481.29 in midmorning trade, cancelling out earlier gains as investors refrained from taking positions before the weekend.
'The outlook change reflects Moody's expectation of a more challenging operating environment for banks in Australia for the remainder of 2016 and beyond'
The rise in Yen is worrying for Japan as it curbs exports and increases deflationary pressure.
Net cash flows at AMP's Australian wealth management business were A$582 million in the first half, down from A$1.2 billion a year ago.
The last attempt to freeze oil output failed after Iran had refused to stop supply, saying it needed to regain market share lost during years of Western economic sanctions.
Hong Kong shares were roughly flat after retreating from nine-month highs, while other Asian stock markets saw modest gains, buoyed by a strong Wall Street performance overnight.
Triggered by selling of the US currency, which fell below 100.78 yen to its lowest since July 11.
The Nikkei dropped 0.2 percent to 16,837.98 in midmorning trade. Traders said that with many investors away for Japan's 'bon' holidays, activity will likely be subdued again.
The S&P 500's earnings recession that began in the third quarter of 2015 is on track to end in the fourth quarter.
Oil rose to five-week highs, driving the S&P 500 energy index up 0.6 percent, while other commodity-related shares also rose as the US dollar eased.
The 10-year yield touched a near two-week low on Friday following surprisingly weak data on July US retail sales.
The spillover strength, coupled with export hopes allowed the soybean market to shrug off expectations of a record large harvest this fall.
The Federal Reserve releases on August 17 minutes of its July policy meeting that could provide clues on the US central bank's plans to raise rates and its view on the health of the economy.
Prime Minister Shinzo Abe has come up with various strategies to support the stalling recovery.
The Financial Services Agency (FSA) expressed concern to the BOJ regarding the situation as it sees reduced profits weakening the banks' ability to extend loans, the Nikkei said.
If the Fed agrees, the extension would give banks more time to exit fund investments that are difficult to sell, but no longer allowed by the law.
Retail sales growth eased to 10.2 per cent after a rise of 10.6 per cent the previous month.







