Author: Lexy Li

Canada's pension fund, Caisse de dépôt et placement du Québec (CDPQ), intends to invest a total of JPY70bn (USD474m) in the Japanese renewable energy company Shizen Energy, as reported by Nikkei Asia on October 24. The investment comprises a JPY50bn (USD338.14m) co-investment framework regarding renewable energy...

India's antitrust authority, the Competition Commission of India (CCI), has fined Google [GOOG:US] INR13.4bn (USD162m) for engaging in anticompetitive behavior through the Android platform, as reported by Nikkei Asia on October 21. According to CCI, to maintain Google's dominance across a variety of markets, the company...

Taiwanese electronics manufacturer Foxconn Technology [2354:TT] has unveiled two electric vehicle (EV) models, namely the Model B crossover SUV and Model V pickup truck, as reported by Nikkei Asia on October 18. Rather than selling vehicles under its own brand, Foxconn intends to assemble electric...

Toyota Motor [7203:JP] has kicked off a pilot project for flex fuel-strong hybrid electric vehicle (FFV-SHEV) in Delhi, as reported by Reuters on October 11. The Toyota Corolla Altis FFV-SHEV, made by Toyota Kirloskar and using flex fuel technology, was also reveaEled at the event....

Japanese trading house Mitsubishi Corp [8058:JP] is mulling constructing one of the world's largest ammonia production facilities in Texas, as reported by Nikkei Asia on September 28. On the same day, the Japanese company signed a memorandum of understanding (MOU) with the Corpus Christi port...

Hon Hai Precision Industry [2317:TT], commonly known as Foxconn, will establish a joint venture (JV) in Indonesia with local energy company Indika Energy [INDY:IJ] to build electric vehicles (EVs) and batteries, as reported by Nikkei Asia on September 23. Foxconn would invest USD1.75m in the JV...

South Korean steelmaker POSCO Holdings [005490:KS] will invest KRW20tr (USD14.1bn) to reduce carbon emissions from its operations, as reported by Nikkei Asia on September 23. To replace polluting old blast furnaces, the company will construct two electric furnaces, one at its Gwangyang factory and the...

Chinese electric vehicle (EV) manufacturer Zhejiang Leapmotor Technology (Leapmotor) will price its Hong Kong initial public offering (IPO) at HKD48 (USD6.12) per share with a goal of raising USD800m, as reported by Reuters on September 25. Leapmotor said last week that it planned to sell...

Indonesia's parliament has enacted a personal data protection bill after discussions for more than a year, as reported by Reuters on September 20. Under the new law, data handlers who leak or misuse private information might face up to five years in prison. In addition,...

LG Electronics [066570:KS] has inked a memorandum of understanding (MoU) with GS EPS, a power production firm of the South Korean GS Group [078930:KS], to procure renewable energy for its facilities, as reported by the Korea Economic Daily on September 19. According to the MoU,...

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