Scientists warned about the potential climate impact of shale gas production in Australia’s Northern Territory as the region — which had previously banned fracking — confirmed it will allow developers to seek approvals for projects.
The US regional banking crisis is far from over and the Federal Reserve should pause its rate hike campaign, according to former Federal Reserve Bank of Dallas President Robert Kaplan.
Bridgetown Holdings Ltd., the US-listed blank-check company backed by billionaires Peter Thiel and Richard Li, is nearing a merger with financial technology firm Hyphen Group, according to people familiar with the matter.
The International Monetary Fund expects Saudi Arabia won’t balance its budget if oil is below $80 a barrel, a revision that means the kingdom will move back into fiscal deficit after its first surplus in almost a decade.
Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.
China’s military sent a drone circling around Taiwan for the second time in a week, the island’s defense ministry said Wednesday, signaling a new surveillance tactic as cross-strait tensions remain high.
India’s services activity accelerated at the quickest pace in almost 13 years in April, signaling that stronger demand for everything from technology to finance will keep Asia’s third-largest economy firmly on the path to world-beating growth.
Indian Oil Corp. is planning to build a 10 billion rupee ($122 million) sustainable aviation fuel plant as global supplies run significantly short of what’s needed by airlines to meet decarbonization goals.
The recent flurry of bidding activity for Australian lithium producer Liontown Resources Ltd. reflects broader optimism in the sector, according to one of the country’s top miners of the key electric-vehicle battery metal.
Australia’s faster-than-expected population growth could have “unanticipated or more pervasive effects” on the economy, a senior Reserve Bank official said, a day after policymakers unexpectedly raised interest rates.
