Technology
Indonesia eases local content requirement for solar power plants to 20%, official says
INDONESIA said on Monday (Aug 12) it has cut the minimum local content requirement for solar power plants to 20 per cent from around 40 per cent previously, as...
China regulators tell some rural banks to renege on bond trades
REGULATORS told commercial banks in China’s Jiangxi province not to settle their purchases of government bonds, taking some of the most extreme measures yet to cool a market rally...
Saudi crude oil exports to China set to slip in September: sources
SAUDI crude oil exports to China are set to fall in September to about 43 million barrels, several trade sources said on Monday (Aug 12), citing monthly allocations for...
Gold prices steady with spotlight on US inflation data
GOLD prices held steady on Monday (Aug 12), with investors awaiting key US inflation data due later this week to gauge the size of the Federal Reserve’s likely interest...
Carry-trade blowup haunts markets rattled by rapid-fire unwind
BY NOW, last Monday’s (Aug 12) global market meltdown looks more like a brief tremor, a fleeting panic unleashed by a small policy shift from the Bank of Japan...
Disney plots villains-themed land, new ships in big resorts push
WALT Disney unveiled a slew of new theme-park attractions, including its first land devoted to movie villains and a doubling of its Avengers Campus in California, as part of...
India set to close in on China as emerging-market stock anchor
INDIA is poised to narrow the gap with China in MSCI’s gauge for developing nations.Analysts from firms including Smartkarma and IIFL Securities expect India’s weight in the MSCI Emerging...
Singapore medtech startup raises US$7 million to expand accessible respiratory care globally
SINGAPORE-BASED digital health company Aevice Health has secured US$7 million in a seed plus round to expand its operations in the US, Japan and Singapore. The company develops wearables...
