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Asia tracks Wall St lower as traders pause Fed-fuelled rally
Asia tracks Wall St lower as traders pause Fed-fuelled rally
Economy
by  AFP

Asian equities sank Wednesday as traders take a breather from a global rally that has been fuelled by expectations the Federal Reserve will cut interest rates next month. And while traders are taking a step back for now, observers are optimistic that with more rate reductions on the way, equities have further to go.

Australia approves world's 'largest' solar hub
Australia approves world's 'largest' solar hub
Economy
by  AFP

Australia on Wednesday approved plans for a massive solar and battery farm that would export energy to Singapore, a project dubbed the "largest solar precinct in the world". "It will be the largest solar precinct in the world –- and heralds Australia as the world leader in green energy," said Environment Minister Tanya Plibersek.