Malaysia will tackle its rising debt levels through subsidy reduction and good governance, instead of imposing new, broad-based consumption taxes, Prime Minister Anwar Ibrahim said in parliament on Tuesday.
Wind turbines and solar panels are now generating almost enough electricity to power every home in China.
Asian companies are turning to convertible bonds as an appealing cheap instrument to raise funds and refinance debt while interest rates remain high, according to bankers in the region.
An Iranian operation to surveil an Australian citizen was disrupted by security agencies, Home Affairs Minister Clare O’Neil said, in what she warned was part of a rising tide of foreign interference efforts.
Starbucks Corp. illegally threatened, interrogated, and terminated pro-union employees in Philadelphia, the US labor board ruled.
A collapsed drilling tunnel has compounded delays at Australia’s largest renewables development, the A$5.9 billion ($4.1 billion) Snowy Hydro 2.0 project.
US labor board prosecutors have concluded that Amazon.com Inc. illegally used subpoenas to coerce staff and try to interfere with labor activism at a New York warehouse.
Hong Kong’s leader defended the inclusion of a national security clause into the city’s land sales, saying it was the duty of the whole city to protect the country’s interests.
Ford Motor Co. and Contemporary Amperex Technology Co. Ltd. plan to build a battery plant in Michigan, capping a months-long search that became mired in geopolitical tensions between the US and China.
China may lose a key support for economic growth and the yuan this year as residents flock overseas again and exports continue to plummet because of a global slowdown.
