India and China are expected to oppose the move to block private funding for coal-fired power plants. Both claim their citizens still need more energy from fossil fuel sources.
New Delhi said the companies are expected to invest $360 million as part of its incentive scheme, creating 50,000 jobs in IT manufacturing
All other members back US push for economies to boost opportunities for disadvantaged groups and incorporate clean energy and carbon-emission reduction goals in their trade policies
Hong Kong’s Hang Seng Index saw its best day in four months, while the Nikkei rose 2.5% and most other Asian markets and currencies were also lifted
Elon Musk has reportedly demanded the concession in return for building a new production plant in a car market dominated by low-cost vehicles
The financing pledge came on the same day as China’s CHEC announced plans to invest $1.56 billion in a port city project near Colombo
The world's most polluted city has also imposed curbs on vehicle use from next week, and has appealed to neighbouring states to halt crop burning
Petrostates and oil, gas and coal companies still intend to keep on making trillions of dollars a year by increasing production
The world’s second-largest economy will account for more than 80% of the global solar manufacturing capacity through to 2026, according to a new report
New Delhi’s ‘import management system’ came into effect on Wednesday with Acer, Xiaomi already given shipment approvals
The conglomerate’s purchase of Wistron InfoComm Manufacturing India will see it manufacturing iPhones for the domestic and foreign markets
Foreigners sold regional bonds worth $3.7 billion from Malaysia, Indonesia, South Korea, and Thai markets, their biggest sell-off since June 2022