The World Bank said the loan also aims to protect people in the Philippines from falling into poverty following natural disasters
However, the heavy rains are likely to reduce China’s coal demand by boosting hydroelectric power generation to a record high
The magnitude 7.4 quake revived memories of the March 11, 2011 quake and tsunami off Fukushima - commemorated across the country less than a week ago
Australian insurer said natural hazard claims costs for the six months to December had hit A$695 million, A$205 million more than expected
Dozens of people died while more than 120,000 were displaced after heavy rain caused severe flooding in several states in December and January