Bloomberg The Trump administration’s plan to subsidise unprofitable coal and nuclear plants may cost as much as $35 billion a year, according to a study backed by trade groups opposed to the idea. Giving power plants an out-of-market annual payment of $50 per kilowatt of capacity — roughly the average operating shortfall for plants running at a deficit — would …

Bloomberg Indonesia’s central bank left its benchmark interest rate unchanged after three hikes in a row helped to stabilize the currency in Southeast Asia’s biggest economy. The seven-day reverse repurchase rate was held at 5.25%, in line with forecasts of 25 of 28 economists surveyed by Bloomberg. Governor Perry Warjiyo said the policy stance remains “hawkish” with the central bank’s …

Bloomberg Bank of Japan (BOJ) Governor Haruhiko Kuroda stuck to the bank’s playbook, declining to comment on reports that policy makers are considering measures to soften the side effects of their aggressive monetary easing campaign. Remarks on the issue wouldn’t be appropriate given the proximity of the bank’s monetary policy meeting, Kuroda said, adding that any policy decision will require …