finance

TOKYO :Japan’s industry and land ministries on Tuesday proposed revising guidelines to extend offshore wind project leases by 10 years, from the current 30 years, to help developers manage soaring construction costs and complete projects.The proposal was submitted to a…

Nvidia’s business in China will be the focus of investors when the AI chipmaker reports earnings on Wednesday (Aug 27), following an unusual deal with the Trump administration and Beijing’s subsequent efforts to stall imports.  Caught in the crossfire of Washington…

Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for an S$68.4 million (US$53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday (Aug 26). In 2022, Seatrium had made provisions worth S$82.4 million to…

MUMBAI :The dollar stumbled against major currencies on Tuesday as U.S. President Donald Trump’s unprecedented move to fire Federal Reserve Governor Lisa Cook renewed concerns over the central bank’s independence.The euro and sterling were up about 0.3 per cent against…

Russia Hits Ukraine Energy Sites With 120 Missiles, 90 Drones In Large Sunday Attack Ukraine’s national energy operator has announced significant power cuts for the Kyiv region and well as others areas in the east. This is after another major…