Yuan devaluation hits everyone from Tiffany to KFC

Years of surging economic growth that spurred sales of luxury goods — Louis Vuitton handbags, Tiffany rings, BMW 5-Series cars — as well as mundane items like KFC chicken and Kone elevators already had given way to the deepest slowdown since 1990. Ch more ...

August 12, 2015 (0) comments

GIC in talks to acquire Greenko’s Indian assets

Indian renewable energy company Greenko Group and Aranda Investments, a unit of Singapore’s state fund GIC, have entered into a non-binding agreement for GIC to purchase the totality of Greenko’sstake in its Mauritius-based holding firm for Indian as more ...

August 17, 2015 (0) comments

Fuel cells can alleviate power demand

As utilities operators look to a future with greater power generation coming from renewable resources, they face a challenge described in what’s known as the “duck curve,” a graph showing how electricity supply and demand change sharply throughout a more ...

June 28, 2015 (0) comments

K-Electric told to explain blackouts

The show-cause notice was issued under Sections 28 and 29 of the 1997 Nepra Act and was filled with accusatory language, which suggested that the objective of the notice was populist action rather than abiding by a legal proceeding. K-Electric has be more ...

July 25, 2015 (0) comments

Waterworks to implement solar

The Choa Chu Kang Waterworks (CCKWW) is the first water treatment plant here to tap on solar power for its energy needs. A total of 3,333 pieces of solar panels were installed at Choa Chu Kang Waterworks, and these can harness enough energy to meet a more ...

June 28, 2015 (0) comments

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