Singapore’s Sing Holdings, Sunway Developments bid $486 million for Chuan Grove land

(Reuters) -Singapore-based property developer Sing Holdings said on Thursday that it has submitted a joint tender bid of S$623.9 million ($486.4 million) alongside Sunway Developments for a second land parcel at Chuan Grove. The company said its unit, Sing Holdings Residential, and Sunway Developments will form a joint venture if it gets the tender for …

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EU grants 755 million eur for Bornholm offshore energy hub, German economy ministry

BERLIN (Reuters) -The European Commission is providing a 645 million euro ($755.10 million) grant for a renewable energy cluster near Bornholm in the Baltic Sea, Germany’s economy ministry said Thursday, a major step towards the creation of a cross-border offshore hub. Danish transmission system operator Energinet and its German counterpart 50Hertz signed the funding contracts …

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India’s tax cut on solar and wind devices to lower clean energy tariff, experts say

By Sethuraman N R NEW DELHI (Reuters) -India’s decision to cut taxes on solar and wind equipment will lower costs for new plants and pressure existing project developers to reduce tariffs, accelerating the country’s shift to renewable energy, industry experts said. The government on Wednesday slashed the goods and services tax (GST) on solar photovoltaic …

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Soccer-Police make second arrest over online racial abuse of England’s Carter

(Reuters) -A 30-year-old man has become the second person arrested in relation to abusive social media messages sent to England defender Jess Carter during this year’s women’s European Championship, Cheshire Police said on Thursday. Last week, a 59-year-old man was arrested and released under investigation while enquiries continue. “As a result of the investigation, officers …

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Chinese navy says it conducted ‘routine patrol’ in South China Sea

BEIJING (Reuters) -China’s navy conducted a “routine patrol” in the South China Sea on September 3, a spokesperson for its Southern Theatre Command said on Thursday, while accusing the Philippines of “undermining regional peace and stability” through joint patrols with other countries. The statement came as the Philippines concluded on Wednesday joint maritime exercises with …

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Goldman Sachs sees gold prices surpassing  $4,000 if investors ramp up buying

(Reuters) -Goldman Sachs said gold prices could surge well above its $4,000 per troy ounce baseline by mid-2026, should private investors diversify more heavily into the metal. Spot gold prices hit a record high of $3,578.50 per ounce  on Wednesday on expectations of a U.S. Federal Reserve interest rate cut later this month, while lingering …

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