Efforts have been stepped up in China to stabilize the country's free-falling stock markets. Among other things, initial public offerings have been delayed and a stabilization fund has been set up.
Police in the Philippines have filed murder charges against the owner and crew of a ferry that capsized on Thursday, leaving more than 50 passengers dead. Initial investigations suggest the vessel was overloaded.
Japan has pledged around $6 billion in development aid to five nations on the Mekong River. The move is a bid to counter China's growing influence in the region, notably through the launch of a new investment bank.