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Business

TPM, South Korean firm to tie up in RE deal

KUALA LUMPUR: Technology Park Malaysia Corp Sdn Bhd (TPM) and Green Planet Energy Co Ltd (GPE) of South Korea have inked a memorandum of understanding (MoU) to collaborate in the renewal energy (RE) large scale solar farm and biomass projects.

Business

Exxon to invest US$50bil

HOUSTON: Exxon Mobil Corp is set to invest US$50bil over the next half decade in a return to the oil giant’s spending habits before crude suffered its worst price rout in a generation.

Business

Mudajaya unit issues sukuk

PETALING JAYA: Mudajaya Group Bhd’s unit, Sinar Kamiri Sdn Bhd, has issued its RM245mil green SRI sukuk wakalah at a coupon rate of between 4.96% and 6.35% per year.

Opinion

Reimagining palm biomass into wealth

Fronds, trunks, empty fruit bunches (EFB), palm kernel shell (PKS), palm mesocarp fibre, palm kernel cake (PKC) and palm oil mill effluent (POME) are biomass from palm oil production that most Malaysians are unfamiliar with.

World

Russia's elite dismiss U.S. list as 'telephone book' of the wealthy

MOSCOW (Reuters) - Russia's elite on Tuesday shrugged off U.S. publication of a sweeping list of oligarchs close to the Kremlin as simply a "telephone directory" of the rich, though a Kremlin spokesman said it could even harm the image of Russia's political leaders.

Markets

Hang Seng falls the most in 6 weeks on Wall Street retreat

HONG KONG: The Hang Seng posted its biggest one-day loss in six weeks on Tuesday, as Wall Street weakness in the wake of a spike in global bond yields prompted investors to lock in profit in high-flying Hong Kong stock.

ASEAN+

Hong Kong’s poor breathing in more bad air than the wealthy, study finds

Those who are down and out disproportionately affected by unhealthy air than those in better-off neighbourhoods, HKU researchers say

World

Iranian-American man imprisoned in Iran gets four days' leave

WASHINGTON (Reuters) - An 81-year-old Iranian-American man imprisoned in Iran, Baquer Namazi, has received a four-day leave from the Iranian government until Thursday after being discharged from a hospital, his lawyer said on Sunday.

TECH

Apple might launch four iPhones this year, including one with a large OLED display

Even as we are months away from the launch of new iPhones, details about the upcoming iPhones keep coming in. Unconfirmed reports now say that Apple plans to launch as many as four iPhones this year.

Corporate News

Global green bond issuance to hit US$200b in 2018, says S&P

SINGAPORE: S&P Global Ratings said that strengthening green bond market fundamentals are likely to fuel about a 30% increase in self-labeled instruments globally in 2018.