AFP Asia Business

Nickel mining threatens one of the world’s most important marine biodiversity and coral hotspots in Indonesia, despite the government revoking several permits, a report warned Thursday.Analysis of recent and historic mining in the region showed a “domino effect of destruction,” ranging from deforestation on land to sediment run-off smothering coral reefs, the report by NGOs …

Nickel mining threatens Indonesia coral haven, NGOs warn Read More »

Wall Street stocks retreated for a second straight session Wednesday while oil prices moved higher as Chinese online retail giant Alibaba surged on new AI investments.Major US indices pulled back further from Monday’s record closes following comments Tuesday from Federal Reserve chief Jerome Powell that US stocks are “fairly highly valued.””We’ve given up some ground …

US stocks fall again while Alibaba gains on big AI push Read More »