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Australian parliament approves emissions caps on big polluters
Australian parliament approves emissions caps on big polluters
Business and Economy
by  AFP

Breakthrough climate laws passed by Australia on Thursday will target the nation's worst polluters, forcing coal mines and oil refineries to curb emissions by about five percent each year. Aluminium smelters, coal mines, oil refineries and other large polluters will be forced to cut their emissions by 4.9 percent each year.

Asian markets mixed as traders weigh rates outlook
Asian markets mixed as traders weigh rates outlook
Business and Economy
by  AFP

Asian markets were mixed Thursday following a recent run-up, with banking sector worries easing and traders weighing central banks' interest rate plans in the wake of the recent turmoil. The announcement this week lifted China's tech sector on hopes a long-running crackdown was nearing its endgame.