Philippine bourse sees no fraudulent trading in PLDT shares

The Philippine Stock Exchange (PSE) said on Wednesday there was no indication of fraudulent trading in PLDT Inc shares before the company’s disclosure of budget overruns, with most of the deals carried out by institutional traders. “Just to assure you, without going to specifics, we did not see any indication of any fraudulent trades prior… Continue reading Philippine bourse sees no fraudulent trading in PLDT shares

China to unveil new rules to rein in fund ‘greenwashing’

China plans to tighten rules to regulate environmentally friendly, or so-called green funds, as part of its efforts to rein in ‘greenwashing’ in the world’s second-largest climate fund market, sources with direct knowledge of the matter said. The new rules, which could be in place in the first half of 2023, will mark a major… Continue reading China to unveil new rules to rein in fund ‘greenwashing’

GLP-backed Monoful hits first close of Japan-focused fund at $96mThe new investment vehicle will have five startups in its investment portfolio by the…

Monoful Venture Partners, a Japan-based venture capital arm of GLP, has secured 12.9 billion yen ($96 million) in capital commitments to mark the first close of its maiden fund – Monoful Venture Partners I, according to a company release. Launched this year, Monoful aims to invest in growth-stage startups in the logistics and real estate… Continue reading GLP-backed Monoful hits first close of Japan-focused fund at $96mThe new investment vehicle will have five startups in its investment portfolio by the…

SEA Digest: ADB okays $107m loan for BIM Wind; Fita raises funding

Indonesian digital health startup Fita has raised funding while the Asian Development Bank has approved a $107-million financing for Vietnam-based BIM Wind Power Joint Stock Company. Indonesian health platform Fita bags $1.9m Indonesian digital health startup Fita has raised 30 billion rupiah ($1.9 million) from Indico, a subsidiary of Telkomsel Ekosistem Digital, according to a… Continue reading SEA Digest: ADB okays $107m loan for BIM Wind; Fita raises funding

Musk says he’ll step down as Twitter CEO after finding a replacement

Elon Musk said on Tuesday he will step down as chief executive of Twitter after finding a replacement. “I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams,” Musk wrote on Twitter. This is the first time… Continue reading Musk says he’ll step down as Twitter CEO after finding a replacement

Tesla is expanding into Turkey, starts hiring

Tesla is expanding its electric vehicle business in Turkey, a market that has been asking for Tesla services for years now. Despite the fact that Tesla is not officially in Turkey, there are many Tesla owners in the country who went to the trouble of importing the electric vehicles themselves and having them operate without… Continue reading Tesla is expanding into Turkey, starts hiring

Clean Technica: Senator Warren Seeks Answers From Tesla Board About Musk’s Possible Conflicts Of Interest 002468

The Tesla board is on the proverbial hot seat. Has the Tesla Board of Directors failed to meet its legal duty with regard to the actions of Tesla’s Chief Executive Officer, Elon Musk, in the aftermath of his purchase of Twitter? That’s the central topic Senator Elizabeth Warren, chair of the Senate Subcommittee on Fiscal… Continue reading Clean Technica: Senator Warren Seeks Answers From Tesla Board About Musk’s Possible Conflicts Of Interest 002468

Clean Technica: 25% Of New Car Sales Now Electric In The Netherlands!002467

The Dutch auto market grew 2% in November, to almost 28,000 registrations. As for the local plugin vehicle (PEV) market, it was down by 8% year over year (YoY)! This apparently bad news has a silver lining, as it means that the Dutch plugin market is done having end-of-year peaks and then hangovers in the… Continue reading Clean Technica: 25% Of New Car Sales Now Electric In The Netherlands!002467

Cleantechnica: Bumper January for EVs in Australia 002466

As well as well as the 30 ships expected to arrive in Australia throughout December and early January, Veda Prime has now alerted us to the arrival in the New Year of the MSC Immaculata carrying 4000 Teslas for the Australian market. Yes, 4000. That is more than were shipped in the whole of 2019.… Continue reading Cleantechnica: Bumper January for EVs in Australia 002466

People Are Canceling Tesla Orders Because They’re So Disgusted With Elon Musk

“His personality is absolutely tanking the Tesla brand. I’m looking forward to having an Elon-free existence.” Tanking the Brand It’s not just Tesla investors who are at their wit’s end with CEO Elon Musk, who has been making a huge mess of his Twitter takeover. Even the company’s customers are becoming wary of association with… Continue reading People Are Canceling Tesla Orders Because They’re So Disgusted With Elon Musk