TOKYO : The broad shift towards renewable energy in the U.S. will continue even under the incoming administration of Donald Trump, said the head of the Americas arm of Japan’s largest banking group, Mitsubishi UFJ Financial Group. President-elect Trump’s anti-renewables rhetoric has not prompted a change in strategy, MUFG Americas […]
Month: December 2024
TOKYO : Top Japanese finance officials said on Friday the government is “alarmed” by recent foreign exchange moves and is ready to intervene if speculative moves were deemed excessive, as the yen resumed its rapid downturn. Against the Japanese yen, the dollar rose to a top of 157.93 on Friday, […]
WASHINGTON: Elon Musk’s role in wrecking a bipartisan Congress deal to avert a US government shutdown has underlined his extraordinary influence over the Republican Party and the incoming administration of Donald Trump. In addition to his usual title of the world’s richest man, Democrats are now describing him as “President […]
TOKYO: The Bank of Japan holds its final policy meeting for the year next week with its decision to be announced just hours after that of the U.S. Federal Reserve’s expected interest rate cut. Here is a guide on what to expect and why the BOJ’s rate review matters: IS […]
WASHINGTON: The United States offered a US$10 million reward on Tuesday (Dec 10) for information leading to the arrest of a Chinese man and co-conspirators wanted for hacking computer firewalls. Guan Tianfeng, 30, is believed to be living in China’s Sichuan province, according to the US State Department. An indictment […]
ABU DHABI : Brazilian Gabriel Bortoleto won the Formula Two championship in Abu Dhabi on Sunday ahead of his move to Formula One with the Sauber team next season. The 20-year-old Brazilian was Formula Three champion last year and he secured back-to-back titles after finishing second at Yas Marina while […]
Jaguar’s Mitch Evans chalked up a Formula E first by going from last on the grid to victory in the season-opening round in Brazil. The New Zealander celebrated a record-equalling 13th win in the all-electric series in a twice red-flagged race in Sao Paulo on Saturday. Reigning champion Pascal Wehrlein […]
AMMAN: Syrian rebels battled government forces for control of the key city of Homs on Saturday (Dec 7) and advanced towards the capital Damascus as front lines collapsed across the country, throwing President Bashar al-Assad’s 24-year rule into the balance. Since the rebels’ sweep into Aleppo a week ago, government […]
GAZA: The UN agency for Palestinian refugees has halted the delivery of aid through the key Kerem Shalom crossing between Israel and Gaza because of safety fears, its chief said yesterday. “The road out of this crossing has not been safe for months. On 16 November, a large convoy of […]