<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 13): Standard Chartered Bank (StanChart) said it has executed its first green trade finance facility to support Amplus Energy Solutions FZE in its solar generation business.</p></div>

<div class=newsTextDataWrapInner><p>Amplus Energy is a subsidiary of Amplus Solar, which is a member of the Petroliam Nasional Bhd (Petronas) group and a provider of low-carbon energy solutions.</p></div>

<div class=newsTextDataWrapInner><p>“This facility is a significant milestone towards the implementation of sustainable practices across ecosystems and in building more resilient supply chains,” StanChart said in a statement.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Standard Chartered Malaysia managing director and CEO Abrar A Anwar said the bank is proud to have supported Amplus to help fulfil their sustainability agenda as the bank makes global trade more sustainable and inclusive.</p></div>

<div class=newsTextDataWrapInner><p>“Trade finance has an enormous opportunity to help make global supply chain activities — which the World Trade Organisation estimated to be around US$19 trillion — more sustainable by offering companies the solutions they need to meet their environmental, social and governance goals,” he said.</p></div>

<div class=newsTextDataWrapInner><p>Amplus Solar managing director and CEO Sanjeev Aggarwal said the company looks forward to growing its partnership with StanChart, which now spans its presence in India and Dubai.</p></div>


Standard Chartered Bank (StanChart) said it has executed its first green trade finance facility to support Amplus Energy Solutions FZE in its solar generation business.

StanChart executes first green trade finance facility to support sustainable supply chains

Russia attacked Ukraine's energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an "inhuman" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.

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Talks between China and Japan's foreign ministers in Beijing have paved way for Japan to host China's foreign affairs chief next year, and mutual agreement to hold a security dialogue as soon as possible, Japan said on Wednesday.

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China refrained from cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.

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South Korea's suspended President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.

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An Embraer passenger plane flying from Azerbaijan to Russia crashed near the city of Aktau in Kazakhstan on Wednesday with 62 passengers and five crew on board, Kazakh authorities announced, saying that 32 people had survived.

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China stocks closed roughly flat on Wednesday, as gains in energy shares offset losses in small-cap shares, while the Hong Kong market was closed for a public holiday.

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<p>South Korea's suspended President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.</p>


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<p>The price of a litre of RON95 petrol will remain unchanged at RM2.05, while the retail price of RON97 will increase by three sen from RM3.22 per litre to RM3.25 per litre from Thursday to Jan 1, 2025.</p>


<p>Bank of Japan (BOJ) Governor Kazuo Ueda reiterated his view that the bank needs to carefully watch various risks without signalling the likelihood of an interest rate hike next month.</p>


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<p>Russia attacked Ukraine's energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an "inhuman" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.</p>


<p>Japan's Nippon Steel is seeing support for its proposal to acquire US Steel in the regions of the US where steel mills are located, Nippon Steel's President Tadashi Imai told reporters on Wednesday.</p>
