A huge solar power project in Australia that collapsed last week will be put up for sale before the end of January and the sale process is expected to take about three months, administrators at FTI Consulting said on Friday.

Australia-to-Asia power project to go up for sale in January

MELBOURNE (Jan 19): Oil prices fell on Thursday after industry data showed a large unexpected increase in US crude stocks for a second week, heightening concerns of a drop in fuel demand.

US West Texas Intermediate (WTI) crude futures declined by 86 cents, or 1.1%, to US$78.62 a barrel ...

Oil down 1% on another surprise build in US crude stocks

Oil prices were mixed on Tuesday (Jan 17) after China posted its weakest annual economic growth in nearly half a century, with its late-2022 U-turn in Covid-19 policy underpinning hopes of a recovery in the country's fuel demand this year.

Brent crude futures had edged up by seven cents, or 0.1%, to US$84.52 by 0727 GMT, recouping some of the 1% loss in the previous session.

Oil mixed amid weak China economic data, hopes for better 2023

The developer of a US$21 billion (RM91.82 billion) project aiming to deliver solar power to Singapore from Australia has collapsed as its two main backers, Australian billionaires Mike Cannon-Brookes and Andrew Forrest, failed to agree on a new round of funding.

Billionaires' squabble stalls Australia-to-Singapore solar power project

MELBOURNE (Jan 11): Oil prices fell on Wednesday, erasing the previous session's gains, after industry data showed an unexpected build in crude and fuel inventories in the United States, the world's biggest oil user, which reignited worries about fuel demand.

US West Texas Intermed...

Oil slips as US crude, fuel inventories reignite demand concerns

Australia's Labor government on Tuesday proposed to make the country's biggest polluters slash their emissions by at least 30% over the next seven years, with some leeway for trade-exposed industries, such as aluminium and liquefied natural gas.

Australia lays out plan to make biggest polluters slash emissions

Kenanga Research projects  CY23F FBM KLCI earnings to contract by 1.2%

Australia raises minimum wage by 5.75% as living costs surge

HLIB Research says Velesto's valuations have become inflated

Malaysia's corporate profits disappoint on slowing demand, with little help from China reopening

Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

Russia accuses US intelligence of hacking thousands of iPhones

Apple plans major retail push with new stores across China, US

Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer

Global equities rise, U.S. yields fall after debt ceiling bill advances

Biden trips and falls during graduation ceremony, recovers quickly

Panasonic Malaysia, Affin Hwang Investment, Velesto Energy, Green Packet, Top Builders Capital, Star Media, Citaglobal, AME Elite, SCIB, UP, Meta Bright, Top Builders, Kimlun and Synergy House

Sonali Paul

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Sonali Paul

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