Culture
Microsoft in record deal for soil carbon credits as data centres surge
It will buy a record 2.85 million soil carbon credits linked to regenerative agriculture[LONDON] Microsoft has agreed with Indigo Carbon to buy a record 2.85 million soil carbon credits...
Woh Hup Engineering JV wins S$326 million LTA contract for Downtown Line extension
The contract includes work for two mainline tunnels and a tunnel link to Gali Batu Depot [SINGAPORE] The Land Transport Authority (LTA) has awarded the first civil contract for...
Japan’s Nikkei falls back from record as yen rallies, tech shares retreat
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday, as the yen’s rebound weighed on exporters and a red-hot rally in technology shares lost steam.The...
JPMorgan, Brookfield see deals revival for clean energy assets
The IEA forecasts renewable energy, particularly solar, to grow faster than any other major source of electricity generation to 2035[SINGAPORE] Clean energy projects are poised for a revival in...
BHP, Rio Tinto are joining forces to boost iron ore pipeline
Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of existing infrastructure[MELBOURNE] BHP Group and Rio Tinto Group, the...
Alibaba takes major step to link Taobao shopping to main AI app
[HONG KONG] Alibaba Group Holding plans to link its flagship online shopping and travel services to its artificial intelligence (AI) app, taking its biggest step yet to build Qwen...
Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand
[BENGALURU] Gold slipped on Thursday (Jan 15) as investors booked profits after three consecutive sessions of record highs, while an apparent softer tone from US President Donald Trump on...
Bank of Korea stands pat as board wary of weak won, property market rally
[SEOUL] South Korea’s central bank left its benchmark interest rate unchanged in a widely expected move, as authorities monitor the weakening won along with risks of financial imbalances stemming...
Oil prices sink more than 2% as Trump remarks calm concern about Iran
[TOKYO] Oil prices slid more than 2 per cent in early Asian trade on Thursday after US President Donald Trump said killings in Iran’s crackdown on nationwide protests were...