LONDON (BLOOMBERG) – With its chimneys towering 200 meters above the industrial heartland of England, West Burton A power station is a relic of the fossil fuel age. When fired
Call for insider trading inquiry at US Fed as internal watchdog opens review
WASHINGTON (NYTIMES) – Democratic Senator Elizabeth Warren called on Monday (Oct 4) for an investigation into whether top Federal Reserve officials engaged in insider trading last year, when some bought
Implications of brave new world of crypto, distributed ledger tech
SINGAPORE – Cryptocurrencies are having a moment. Whether you’re on the trading floor or at the kopitiam, it seems you can’t escape whispers of Ethereum or Solana. Please subscribe or
New $180 million ESG scheme to help 6,000 Singapore companies go green
SINGAPORE – A new programme was launched on Friday (Oct 1) to help local companies develop sustainability capabilities so they can better seize opportunities in the green economy. Enterprise Singapore (ESG)
Central banks should focus on data, taxonomy and disclosure to promote green finance: MAS chief
SINGAPORE – To promote green finance, central banks should focus on improving the quality and availability of data on emissions, developing compatible taxonomy to determine which activities qualify as sustainable,
China considering hiking industrial power prices to ease supply crunch
BEIJING (BLOOMBERG) – The Chinese government is considering raising power prices for industrial consumers to help ease a growing supply crunch. The rate hikes for factories could come in the
Singa bonds' interest rate set at 1.875%; investors applied for 1.58 times the $2.6b sold
SINGAPORE – Singapore’s central bank sold $2.6 billion worth of 30-year bonds to fund infrastructure projects in an auction on Tuesday (Sept 28). Investors’ bids for the first sale of
Covid-19-driven demand boosts online grocer RedMart's sales
SINGAPORE – Since Covid-19 struck early last year (2020), a rising number of Singaporeans have turned to the Internet to purchase everything from fresh durians to frozen fish, a trend
Network for women entrepreneurs launched to help them scale up their businesses in region
SINGAPORE – Women in Singapore may soon find it easier to do business with a new network set up to connect them with other female entrepreneurs, as well as business
Copper is so pricey now that aircons are switching to aluminum
BEIJING (BLOOMBERG) – Copper’s surge to record levels this year is spurring buyers in a key consumer market to mull cheaper alternatives, in an early sign of how high prices