A $6 Trillion ESG Headache Is Bleeding Into Fund Flows
The world’s biggest ESG fund category is also by far its most opaque, and that’s starting to bug
2023-10-26 01:26
Bank of Canada holds interest rate at 5%, sees weak growth and stubborn inflation
TORONTO The Bank of Canada on Wednesday held its key overnight rate at 5.0% as expected and forecast
2023-10-25 22:55
Emerging markets need $1.5 trillion to make buildings greener - World Bank's IFC
By Tommy Wilkes and Simon Jessop LONDON Emerging markets will need $1.5 trillion in investment before 2035 to
2023-10-25 21:26
Stellantis Nears Deal to Buy 20% of Chinese EV Maker Leapmotor
Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang
2023-10-25 20:57
EU Courts Africa in Early Push to Counter Chinese Spending
The European Union and the US will launch the groundwork for a strategic corridor to connect resource-rich Democratic
2023-10-25 20:51
Americans ran up $105 billion in credit card interest last year alone
Danielle Foskie is among a growing number of Americans who have stumbled into a credit card doom loop.
2023-10-25 20:15
UPenn donors were furious about the Palestine Writes Literature Festival. What about it made them pull their funds?
The University of Pennsylvania's administration faces an overwhelming backlash from donors, many of whom are pulling their funds and calling on the Ivy League institution's president to resign. The root of their anger: A Palestine Writes Literature Festival that took place on campus last month that donors and Penn's administration both say included speakers with a history of making antisemitic statements, a characterization organizers and attendees reject.
2023-10-25 18:23
Tycoon Quek’s Hong Leong Considers Sale of Southern Steel, Sources Say
Southern Steel Bhd. surged by a record after people familiar with the matter said Hong Leong Group, a
2023-10-25 17:15
Zimbabwe Cedes Highest Interest Rate Title to Argentina
Zimbabwe gave up its unenviable position of having the world’s highest interest rate to Argentina, after slashing borrowing
2023-10-25 16:59
Turkey sees company balance sheets inflation-adjusted until 2026
By Ebru Tuncay and Birsen Altayli ISTANBUL Turkish companies' end-2023 balance sheets will be inflation-adjusted, with adjustments expected
2023-10-25 16:50
China Signals Zero Tolerance For Sharp Economic Slowdown With Rare Steps
President Xi Jinping signaled that a sharp slowdown in growth and lingering deflationary risks won’t be tolerated, making
2023-10-25 15:29
Three Contenders Vie to Succeed Jokowi as Indonesia’s President
The contest to become Indonesia’s next leader is looking like a three-horse race after candidates filed their papers
2023-10-25 14:59