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Asia development bank chief on financing green transition

Zou Jiayi is president and chairwoman of the board of directors of the Asian Infrastructure Investment Bank (AIIB), a multilateral development lender headquartered in Beijing and inaugurated in 2016. Before leading AIIB, Zou was deputy secretary general of the national committee of the Chinese People’s Political Consultative Conference, China’s top political advisory body. She previously held senior roles at the Ministry of Finance, including as vice-minister, and as part of her three...

South China Morning Post 3h ago

Safer grids, higher bills? EU's Chinese solar inverter ban reshapes renewable energy

Brussels moves to ban EU funding for clean energy projects that use solar and battery inverters from “high-risk countries”, namely China. Now, manufacturers must rely on European alternatives, which risks increasing European energy bills and production costs. Solar systems generate 13.4 percent of EU electricity and are a cornerstone of the European energy grid.

Euronews 7d ago

Could the battery boom lower inflation and interest rates?

analysis How batteries muscled out gas and pushed power prices down Tue 2 Jun 2026 at 4:45am Change may be one of life's only constants, but it is far from the only contradiction. Few of us embrace change and, for the most part, we actively attempt to resist it. Those tendencies spill over into politics in what is often an epic battle between those attempting to maintain the status quo and their opponents pushing to overthrow previously accepted norms.

ABC Australia 9d ago

OECD cuts 2026 global growth forecast and warns of recession risk if Iran war persists

The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective ceasefire is agreed before 2027, the OECD warned Wednesday. The OECD has downgraded its global growth outlook, warning that rising energy prices, geopolitical tensions and persistent inflation are weighing on the world economy and could push several countries into recession if disruptions continue. In its quarterly update, the organisation, which represents 38...

Euronews 7d ago

The €3trn question: Can markets handle SpaceX, OpenAI and Anthropic all at once?

Three of the most valuable companies ever created are going public within months of each other. The combined value of SpaceX, OpenAI and Anthropic could reach $4 trillion (€3.44trn). Wall Street is excited but also nervous.

Euronews 3d ago

Asian stocks slide, oil gains as Middle East tensions escalate

Asian stocks slide, oil gains as Middle East tensions escalate The United States launched strikes against Iran after President Donald Trump said Tehran had shot down a US Apache helicopter in the Strait of Hormuz, leaving investors on edge. SINGAPORE: Asian stocks fell on Wednesday (Jun 10) while oil prices surged as escalating tensions in the Middle East unsettled markets, dimming hopes for an end to the months-long war that has pushed commodities higher and stoked inflation worries. The...

Channel News Asia 1d ago

Commentary: Iran war has raised inflation risks. Why are Asian economies still growing?

Commentary: Iran war has raised inflation risks. Why are Asian economies still growing? For all the attention on inflation, the bigger surprise this year may be how resilient the region has been, says DBS chief economist Taimur Baig.

Channel News Asia 3d ago

Harry's and Coterie owner Mammoth Brands has ambitions to be the next CPG giant

Mammoth Brands wants to take on traditional consumer packaged goods companies, armed with a portfolio of disruptors in the personal and baby care categories that have won over consumers and retailers alike. For the last decade, upstarts like those owned by Mammoth have challenged the relevance and longstanding dominance of legacy giants like Procter & Gamble, Unilever and Kimberly-Clark. The trend has also played out across packaged food and beverage companies, like Poppi and Olipop taking...

CNBC 3d ago