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Australia PM unveils plan to overhaul economy, invest in green energy

Mining superpower Australia will on Thursday announce a US-style scheme to pour public money into manufacturing and clean energy industries, joining the global race to build a cleaner and more resilient economy.Tim Buckley, director of independent public interest think tank Climate Energy Finance, said the act would lay the foundations to make Australia a zero-emissions trade and investment leader and global clean energy "superpower". ....

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Yellen says US will not accept its industries being decimated by cheap Chinese imports

U.S. Treasury Secretary Janet Yellen warned on Monday that the United States would not accept new industries being decimated by subsidized Chinese imports in the same way that the U.S. steel sector was crushed a decade ago. After wrapping up four days of talks with Chinese officials, Yellen told a news conference the exchanges had advanced American interests. She said she had raised concerns about China's weak domestic demand and overinvestment in industries such as electric vehicles, batteries and solar products, fueled by "large-scale government support." ....

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Gov't to provide 76 tln won in financial support for SMEs, new industries

AsiaToday reporters Hong Sun-mi & Chung Duk-soo The government will prepare a special program to cut interest rates on high-interest loans by.. ....

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Northern Ireland investment summit shines light on innovation

‘The green economy is one in which Northern Ireland has true potential to lead the world, but it's not just about business; it involves local and regional government, acting in concert not only to shape the future we want to see, but supporting the creation of successful new industries’ ....

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