
Australia needs construction waste recycling plants — but locals first need to be won over
Jun 20, 2021 11:58 am UTC| Business
Strong community opposition to a proposed waste facility in regional New South Wales made headlines earlier this year. The A$3.9 million facility would occupy 2.7 hectares of Gunnedahs industrial estate. Its intended to...

S. Korea’s coal power firms shunned from financing due to application of ESG standards
Jun 19, 2021 21:00 pm UTC| Economy Business
Financial investors are increasingly shunning South Koreas coal power companies due to the growing adoption of environmental, social, and governance (ESG) standards in investment. Brokerage companies are now reluctant...

Kakao T, two other taxi-hailing brands register as transportation operators
Jun 19, 2021 19:52 pm UTC| Economy Business
South Koreas government has officially approved three major taxi-hailing service brands as platform operators, namely are Kakao T of Kakao Mobility, Banban Taxi of Kornatus, and i.M. Taxi of Jin Mobility to diversify means...

Singapore replacing Hong Kong as financial hub for S.Korean banks
Jun 19, 2021 15:26 pm UTC| Economy Business
Major South Korean banks are rushing to establish their presence in Singapore, which is replacing Hong Kong as Asias financial hub. Hana Financial Group Inc. and KB Kookmin Bank recently obtained preliminary approval to...

Hyundai NEXO, Toyota Mirai left to compete in fuel cell car market after Honda's exit
Jun 19, 2021 15:16 pm UTC| Economy Business
Japans Honda Motor Co. will stop producing the Clarity fuel-cell car in August this year as part of a broader push to trim underperforming models, thereby exiting the hydrogen fuel cell vehicle market. Hondas exit...

Sumitomo shareholders, board insist on financing fossil fuel projects
Jun 19, 2021 15:08 pm UTC| Economy Business
Sumitomo Corp shareholders defeated a resolution requiring the firm to align its business with international climate change targets at their annual general meeting. The Japanese trading houses board is against the...

S. Korea's GS Caltex buys carbon-neutral crude oil
Jun 18, 2021 20:37 pm UTC| Economy Business
South Koreas major oil company GS Caltex bought 2 million barrels of carbon-neutral crude oil from Swedens Lundin Energy to become the countrys first business group to purchase such petroleum products. GS Caltex is a...