Author: Una Qu

Singapore’s Advisory Committee on Platform Workers, announced by Prime Minister Lee Hsien Loong in August, is in the early works to improve gig workers welfare, as reported by the Straits Times on September 15. Its three focuses are financial protection for work injury, retirement and...

South Korea’s Fair Trade Commission (KFTC) has commenced investigations into internet group Kakao’s [035720:KS] ride-hailing unit Kakao Mobility and e-commerce giant Coupang [CPNG:US] for their alleged unfair business practices, as reported by the Korea Economic Daily on September 12. To be more specific, taxi driver...

State Grid Corporation of China and China Southern Power Grid (CSG) launched the national-level green electricity trading trial for the first time on September 7, following approval from NDRC and National Energy Administration (NEA), as reported by Xinhuanet on the same day. According to the...

Japan’s Minister of Economy, Trade, and Industry (METI) Hiroshi Kajiyama and Russia’s Energy Minister Nikolai Shulginov signed a joint statement that the two countries would collaborate on the production of hydrogen and ammonia during the Eastern Economic Forum, as reported by Reuters on September 2....

London Stock Exchange Group (LSEG) [LSEG:LN] announced on September 1 that it established a sustainable finance innovation unit in Singapore backed by the Monetary Authority of Singapore (MAS), according to the group’s website on the same day. The unit will provide expertise and solutions regarding...

Indian Reliance Industries (RIL) [RIL:IN] is considering acquiring solar power developer REC Group from China National Chemical Corporation (ChemChina) at a price between USD1bn and USD1.2bn, as reported by Economic Times on August 31. REC specializes in photovoltaic (PV) silicon materials, multi-crystalline wafers, as well...

BHP [BHP:US] unveiled that the group would sell its whole oil and gas business to Australian company Woodside Petroleum [WPL:AU], valued at about AUD20bn (USD14.7bn), as reported by Bloomberg on August 16. Woodside would issue new shares to BHP’s shareholders for acquiring the latter’s oil...

After the UK first announced its 2050 carbon neutrality by legislation in 2008, as of 2020, 30 countries and regions worldwide had proposed their carbon neutrality targets. Among them, as a member of Paris Agreement, China also promised to peak the country’s carbon emissions by...

China held the annual National People's Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC), also known as the Two Sessions, from March 4 to March 11. On March 5, Premier Li Keqiang made the speech of the 2021 Government Work Report, which listed...

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