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United Kingdom

Joe Brock

StanChart exits three Southeast Asia coal plants worth estimated $7 billion

18 Dec 2019

SINGAPORE Standard Chartered has pulled financing for three coal-fired power plants in Southeast Asia amid a global push to cut greenhouse gas emissions, throwing into doubt projects worth an estimated $7 billion and piling pressure on the coal industry.

Exclusive: Kenya's lending cap repeal removes hurdle to rate cut - central bank governor

12 Nov 2019

SINGAPORE Kenya's scrapping of a cap on banks' lending rates has removed one of the concerns the central bank had about cutting interest rates, its governor said on Tuesday, adding that monetary policy direction was "clear".

RPT-INSIGHT-Trading tyres: How the West fuels a waste crisis in Asia

18 Oct 2019

NABIPUR, India/KULAI, Malaysia, Oct 18 When night falls in the Indian village of Nabipur, the backyard furnaces come to life, burning waste tyres from the West, making the air thick with acrid smoke and the soil black with soot.

Trading tires: How the West fuels a waste crisis in Asia

18 Oct 2019

NABIPUR, India/KULAI, Malaysia When night falls in the Indian village of Nabipur, the backyard furnaces come to life, burning waste tires from the West, making the air thick with acrid smoke and the soil black with soot.

Singapore eases monetary policy for first time in three years

14 Oct 2019

SINGAPORE Singapore's central bank eased monetary policy for the first time in three years on Monday, as widely expected, with the city-state's bellwether economy narrowly dodging recession.

Hong Kong police fire tear gas as clashes erupt after thousands appeal to Trump

08 Sep 2019

HONG KONG Hong Kong police fired tear gas to disperse protesters in the upmarket Causeway Bay shopping district on Sunday, after demonstrators had rallied at the U.S. Consulate calling for help in bringing democracy to the Chinese-ruled city. | Video

Hong Kong police fire tear gas after fending off airport protest

07 Sep 2019

HONG KONG Hong Kong police prevented anti-government protesters from blocking access to the airport on Saturday, but fired tear gas for a second night running in the Chinese-ruled city's densely populated district of Mong Kok in the 14th week of unrest. | Video

RPT-UPDATE 2-Temasek grim on returns outlook after slowest portfolio gain in 3 years

10 Jul 2019

SINGAPORE, July 9 Singapore's Temasek Holdings posted the smallest rise in its portfolio in three years as key bank stock holdings declined in value, and the state investor said it was increasingly focusing new investments in North America, Europe and on unlisted firms.

Temasek grim on returns outlook after slowest portfolio gain in three years

09 Jul 2019

SINGAPORE Singapore's Temasek Holdings posted the smallest rise in its portfolio in three years as key bank stock holdings declined in value, and the state investor said it was increasingly focusing new investments in North America, Europe and on unlisted firms.

GIC, Temasek set for muted returns on impact of trade war, slower growth

03 Jul 2019

SINGAPORE Singapore sovereign wealth fund GIC Pte Ltd, among the world's biggest investors, said it is now more cautious about markets compared to last year and is bracing for low returns due to high valuations and slowing economic growth.

World News

China virus toll rises to nine as pandemic fears grow

The death toll from a new flu-like coronavirus in China rose to nine on Wednesday with 440 confirmed cases, Chinese health officials said as authorities stepped up efforts to control the outbreak by discouraging public gatherings in Hubei province.