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...Additional reporting by Aime Williams in Washington...
...Kerry’s retirement comes at a time of political threat to Biden’s climate agenda, with the possibility of a second Trump presidency looming....
...China’s climate envoy Xie Zhenhua stood beaming beside his US counterpart John Kerry as the UN COP28 summit closed....
...He replaces John Kerry, who announced his plan to step down as the president’s climate envoy earlier this month....
...Japan’s exports in March rose 7.3 per cent year-on-year, driven by increased demand from China and the US, official data released on Wednesday showed....
...The city’s benchmark Hang Seng index rose 1.4 per cent during early trading, with the Hang Seng Tech index climbed 2.3 per cent....
...Equities across the region also rose after a mixed start to the day....
...Asian equities rose in early trading on Monday, after the region’s central bankers struggled last week to contain a strong US dollar....
...Mainland China’s stock markets rose on Wednesday despite a broader sell-off in Asia. China’s benchmark CSI 300 index edged up 0.5 per cent, making it the region’s only major index to rise....
...Mainland China’s CSI 300 edged down while the rest of Asia rose....
...Futures for Brent crude, the international oil benchmark, rose as much as 4.2 per cent to $90.75 per barrel....
...“We’re on a pathway to keep 1.5 alive,” said Kerry, referring to the goal to limit global warming....
...In February the consumer price index rose 0.7 per cent, more than forecast, after a series of readings indicating the country was experiencing deflation....
...The Hang Seng index rose by 1.4 per cent, bringing its return for the year to date into positive territory....
...Shares of utilities companies rose. Hong Kong’s Hang Seng index edged up 0.2 per cent, but consumer names with mainland exposure also sold off....
...Japan’s stock markets rose early on Friday, tracking US markets higher, while gold hit a new all-time high....
...The benchmark Hang Seng index rose 0.2 per cent....
...Asian currencies rose slightly against the dollar, with the South Korean won leading gains as it added 0.13 per cent to hit Won1,349.26....
...Bitcoin, which is sensitive to rate cut expectations, rose 0.6 per cent to $66,100. Markets in greater China were closed for the Ching Ming tomb sweeping festival....
...Xinyi Solar rose 5.2 per cent, bringing its gains for the year to 42.1 per cent....
...Japan’s benchmark Topix shed 1.9 per cent while the yen rose 0.22 per cent against the dollar to ¥151.00, likely a reflection of the possibility that Japan, which is a net energy importer, will face inflationary...
...The slide comes despite official data on Wednesday showing industrial profits rose more than 10 per cent year on year in January and February....
...Utilities sector companies rose the most, with shares of Chinese group ENN Energy leading gains with 5.8 per cent. Mainland China’s benchmark CSI 300 was muted, shedding 0.3 per cent....
...The Nifty 50 index of the country’s largest listed companies added 0.5 per cent, with Coal India and Bharat Petroleum leading gains as they rose 3.8 per cent and 3.2 per cent, respectively....
...The country’s benchmark Topix rose 1.7 per cent in early trading, while the exporter-oriented Nikkei 225 added 2.2 per cent....
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