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Adani goes green in coal country for first Australian project

Bloomberg Adani Enterprises Ltd., best known in Australia for its stalled Carmichael coal project, is nearing completion of a solar power farm in the Bowen Basin in Queensland, a region closely associated with coal mining. Commissioning of the first phase of the Rugby Run solar project will begin in December and power will be delivered from early next year, Adani ...

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China, Japan vow to cooperate as Trump hits both on trade

Bloomberg China and Japan capped a restoration of ties with agreements on everything from currency swaps to ocean rescue, a thaw that comes as President Donald Trump seeks better trade terms with both nations. Shinzo Abe became the first Japanese prime minister to pay an official visit to China in seven years, as Asia’s two largest economies sought to play ...

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Asset management industry in Singapore clocks strong growth

Bloomberg Assets are piling up at managers based in Singapore, where they rose 19 percent last year, faster than the global rate and the nation’s own historical average, according to its financial regulator. Managers in Singapore handled S$3.3 trillion ($2.4 trillion) in 2017, with drivers coming from traditional assets as well as those from private equity, hedge funds and others, ...

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