US Supreme Court limits federal power to curb carbon emissions

The Environmental Protection Agency headquarters in Washington, DC, on June 29, 2022. (STEFANI REYNOLDS / AFP) WASHINGTON – The US Supreme Court on Thursday imposed limits on the federal government's authority to issue sweeping regulations to reduce carbon emissions from power plants in a ruling that undermines President Joe Biden's plans to tackle climate change […]

Russian, Indonesian presidents discuss Ukraine, food supplies

Russian President Vladimir Putin (right) and Indonesian President Joko Widodo shake hands after a joint news conference after their meeting in the Kremlin in Moscow, Russia on June 30, 2022. (ALEXANDER ZEMLIANICHENKO, POOL / AP PHOTO) MOSCOW – Russian President Vladimir Putin and visiting Indonesian President Joko Widodo on Thursday discussed the current situation in […]

BT Money Hacks Podcast: Currencies emerging as investors’ weapon of choice against inflation

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips. Although foreign exchange trading carries a high level of risk that may not be suitable for all investors, currencies appear to be investors’ avenue to hedge against inflation in current markets. But what are the pitfalls and risks? […]

Keppel Infrastructure Trust to take 50% stake in owner of Marina East desalination plant

SINGAPORE (THE BUSINESS TIMES) – Keppel Infrastructure Trust (KIT) has entered into a non-binding term sheet to purchase from its sponsor a 50 per cent stake in Marina East Water (MEW), which owns the Keppel Marina East Desalination Plant (KMEDP), for an enterprise value of about $355 million. Post-transaction, KIT and its sponsor, Keppel Infrastructure […]

Expert: France’s new COVID wave expected to peak end-July

People queue outside the Stade de France stadium, which has been converted into a temporary COVID-19 vaccination site, in Saint-Denis, outside Paris, April 6, 2021. (THOMAS SAMSON / POOL VIA AP) BRUSSELS / SAO PAULO / COPENHAGEN / OTTAWA / SAN SALVADOR / BELGRADE / ADDIS ABABA / WINDHOEK / PARIS – A new wave in France of COVID-19 infections fuelled by […]

Blockchain.com cooperating with investigations into Three Arrows

NEW YORK (BLOOMBERG) – Blockchain.com, a creditor of Three Arrows Capital, said it was cooperating with ongoing investigations into the troubled crypto hedge fund. Blockchain.com and Deribit, a crypto derivatives exchange, confirmed that they were among creditors that sought for the liquidation of Three Arrows at a court in the British Virgin Islands, according to […]