Tenaga Nasional plans to spend $4.5bn annually over the next three decades to help it, and the country, reach net zero emissions by 2050.
HKEX has suffered a notable decline in listings and trading at its two Hong Kong exchanges from both China's economic slowdown, plus lingering geopolitical tension.
China’s yuan is facing the most sustained depreciation pressure since 2015, when a shock devaluation triggered a global stock market rout
Mining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
Asian shares were mixed after China's central bank unexpectedly trimmed two key lending rates following the release of July data that showed the nation's economic slowdown deepening.
A weak economy, Covid disruptions and supply chain challenges hammered the company's sales while increased investment in new technologies was an additional drag.
The US warned New Delhi that Russian oil was being exported via high-seas transfers to hide its origin – in violation of US sanctions, a top Indian banker official said on Saturday.
The climate law passed by the US aims to localize the manufacturing of EVs but "adds a steep requirement aimed at weeding out 'foreign entities of concern' from supply chains", it says.
Samsung vice-chairman Jay Y Lee and another top businessman won pardons on Friday from President Yoon Suk-yeol, who wants them to help rev up the South Korean economy.
Companies in India use the UAE dirham, the HK dollar, yuan or euro when buying Russian coal, in a bid to avoid the dollar and US sanctions, according to customs data and industry sources
Covid lockdowns in China and soft demand hit the computer giant, which reported flat revenue for the June quarter – its worst result in nine quarters.