Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.
China’s military sent a drone circling around Taiwan for the second time in a week, the island’s defense ministry said Wednesday, signaling a new surveillance tactic as cross-strait tensions remain high.
India’s services activity accelerated at the quickest pace in almost 13 years in April, signaling that stronger demand for everything from technology to finance will keep Asia’s third-largest economy firmly on the path to world-beating growth.
Indian Oil Corp. is planning to build a 10 billion rupee ($122 million) sustainable aviation fuel plant as global supplies run significantly short of what’s needed by airlines to meet decarbonization goals.
Oil steadied in Asia after tumbling 5% on Tuesday as data pointed to a possible US recession and investors shunned risk assets.
The recent flurry of bidding activity for Australian lithium producer Liontown Resources Ltd. reflects broader optimism in the sector, according to one of the country’s top miners of the key electric-vehicle battery metal.
Australia’s faster-than-expected population growth could have “unanticipated or more pervasive effects” on the economy, a senior Reserve Bank official said, a day after policymakers unexpectedly raised interest rates.
Lynas Rare Earths Ltd., the biggest producer of the key materials outside of China, said it will need to look at ways to address lost capacity should its Malaysian plant be shut indefinitely.
Shares in Asia slipped on renewed concerns about the health of the banking sector and ahead of a Federal Reserve decision Wednesday where policymakers are expected to add to their rate-hike cycle.
Chinese financial data providers have recently stopped providing key corporate information to overseas clients, underscoring the growing difficulty foreign firms face when trying to obtain information that Beijing may deem sensitive.
