Malaysia’s bourse to launch voluntary carbon market by year-end

A general view of a business district in Kuala Lumpur, Malaysia September 15, 2020. REUTERS/Lim Huey Teng Register now for FREE unlimited access to Reuters.com Register KUALA LUMPUR, Aug 15 (Reuters) – Malaysia’s stock exchange on Monday said it will launch a voluntary carbon market (VCM) by the year’s end, with the aim of increasing … Read more

EXCLUSIVE Malaysia’s Tenaga plans $1 bln IPO for power business, sources say

A view of Tenaga Nasional Berhad headquarters in Kuala Lumpur, Malaysia, October 13, 2015. REUTERS/Olivia Harris Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 12 (Reuters) – Malaysian electricity utility Tenaga Nasional Bhd (TENA.KL) plans to start the process next year for a potential $1 billion listing of its power generation business, … Read more

Malaysia’s economy jumps in Q2 but slower growth is expected

A view of a building site beneath the Petronas Towers in Kuala Lumpur, Malaysia, February 18, 2016. REUTERS/Olivia Harris Register now for FREE unlimited access to Reuters.com Register KUALA LUMPUR, Aug 12 (Reuters) – Malaysia’s economy grew at its fastest annual pace in a year in the second quarter, boosted by expansion in domestic demand … Read more

Thailand’s tourism-reliant economy likely gathered pace in Q2

Tourists visit Maya bay after Thailand reopened its world-famous beach after closing it for more than three years. Picture taken January 3, 2022. REUTERS/Athit Perawongmetha Register now for FREE unlimited access to Reuters.com Register Thailand’s GDP seen growing 3.1% y/y in Q2 vs 2.2% in Q1 Q2 GDP seen at 0.9% q/q vs +1.1% in … Read more

Indonesia asks Pertamina to limit subsidized fuel sales

An employee at a Total fuel station fills up a motorcycle in south Jakarta February 12, 2015. Picture taken February 12, 2015. REUTERS/Darren Whiteside/File Photo Register now for FREE unlimited access to Reuters.com Register JAKARTA, Aug 11 (Reuters) – Indonesia’s government has asked state energy firm Pertamina (PERTM.UL) to limit its sales of subsidized fuels … Read more

Yunnan using bean to perk coffee sales

BEIJING: With short supply and rising prices of coffee beans worldwide, south-west China’s Yunnan province has jumped on opportunities to grow its business globally and expand exports. The Covid-19 pandemic has largely hampered timely transportation of coffee beans. Coupled with extreme weather last year in Brazil – the world’s largest coffee-producing country – global coffee … Read more

Integration into ASEAN – stepping stone for Vietnam’s int’l economic integration | Business

The national flags of ASEAN member states (Photo: VNA) Hanoi (VNA) – Joining the Association of Southeast Asian Nations (ASEAN) was the first step of Vietnam in the process of international integrationand the bloc has served as a gateway for the country’s integration into the region and the world, an official has said. Pham Quynh … Read more

Economists say policy aid will boost demand and stabilize growth

BEIJING: China should resolutely implement macroeconomic policies to stimulate demand and stable growth as social demand has not yet been fully unleashed in the short term, according to economists. China’s top leadership stressed that macroeconomic policies should play an active role in expanding demand, and fiscal and monetary policies should effectively make up for the … Read more

US stocks advance, Treasury yields rise following strong economic data, Fed resolve

NEW YORK, Aug 3 (Reuters) – Wall Street advanced and Treasury yields touched two-week highs on Wednesday as abating geopolitical concerns, robust economic data and generally upbeat corporate earnings fed investor risk appetite. All three major US stock indexes were higher, and benchmark 10-year Treasury yields gained ground. Economic data showed an unexpected acceleration of … Read more