A top adviser to Hong Kong’s leader praised a landmark ruling backing same-sex unions by the city’s highest court, saying it showed “judicial independence” and protected the decision from being overruled by Beijing.
Chinese provinces aren’t using the funds raised from infrastructure bond sales effectively, audit reports show, raising doubts about their ability to spur investment and growth in the economy.
The yen pulled back from a 10-month low against the dollar after Japan issued its strongest warning in weeks over sharp currency moves, raising the odds of government intervention if the slump continues.
Indonesia doesn’t expect Tesla Inc. to invest in the country anytime soon, after coordinating minister Luhut Panjaitan met with Elon Musk last month.
Shell Plc is exploring a number of liquefied natural gas export projects in North America and Africa as the company expects strong demand for the fuel during the energy transition.
The US is working to establish the full details of Huawei Technologies Co.’s advances in chip technology, news of which has stoked Chinese nationalism and ignited speculation about the effectiveness of Washington’s curbs on the country’s vast technology sector.
New Zealand’s government plans to focus on trade diversification to help insulate its economy from the slowdown in key trading partner China, Prime Minister Chris Hipkins said.
Grid constraints, the still high cost of green technology and planning delays are holding up $18 trillion worth of investments needed to reach global 2030 climate goals, making any rapid energy transition increasingly unlikely.
The Bank of Canada is likely to hold interest rates steady on Wednesday as policymakers consider whether a slowing economy means it’s time to end its historic campaign to tighten policy.
The head of Audemars Piguet said sales at the Swiss luxury watch brand are headed for another record in 2023 as demand for its pricey timepieces remains strong.
