Asia-Pacific
Samsung Electronics shares hit lowest in more than four years
Samsung shares hit a four-year low, falling 2.1 per cent amid increased competition and lagging AI chip demand versus rivals.
Loss-making EV firm VinFast to get $3.4 billion more funding from founder, parent company
VinFast will receive $3.35B from founder Vuong and Vingroup by 2026 to expand globally and support break-even efforts.
Singapore commits up to $500 million funding to support decarbonisation in Asia
Singapore has committed the funding to support the local central bank's initiative to help fund Asia-focused climate projects.
Indonesia to build 75 GW of renewable energy in the next 15 years, COP29 envoy says
Indonesia aims to offer global investors 75 GW of renewable energy projects over 15 years, a key commitment by new President Prabowo Subianto,...
Nestle, P&G investigate palm oil sourcing after green group’s Indonesia deforestation report
Nestlé and Procter & Gamble investigate claims of palm oil sourcing from Indonesia’s Rawa Singkil Wildlife Reserve, per RAN report.
BOJ hopes to keep 2% inflation target while monitoring climate shock risks
The Bank of Japan aims to maintain its 2% inflation target despite potential long-term price shocks from climate change.
Pakistan to slash winter power tariffs to spur demand, cut gas use
Pakistan will cut winter electricity tariffs to reduce gas use and promote a shift toward clean energy.
COP29 host Azerbaijan promoted fossil fuel deals ahead of climate summit, NGO says
A secret video reveals Azerbaijan, COP29 host, offering to discuss potential fossil fuel deals ahead of the climate summit.
Taiwan, excluded from climate summit, sets up ‘war room’ to watch talks
Taiwan can not attend COP29 for political reasons — but its leaders will be watching from afar.
China passes energy law to ‘promote carbon neutrality’
China is the world's biggest emitter of greenhouse gases — but it is also a global leader in clean energy.
