JD Logistics to raise $3.16 bln in Hong Kong IPO -sources
JD Logistics Inc is set to price its shares at HK$40.36 ($5.20), towards the lower end of its indicated range, to raise $3.16 billion in a Hong Kong initial public offering (IPO), two people with direct knowledge of the matter told Reuters.
Bank of England plans to ‘green’ its corporate bond holdings
The Bank of England set out plans on Friday to make its 20 billion pounds ($28.4 billion) of holdings in sterling corporate bonds better aligned with government goals to achieve net zero carbon emissions, starting later this year.
Bitcoin slips below $40,000 as recovery fades
Bitcoin fell 3% on Friday, giving up early gains, as its recovery from this week’s massive plunge showed signs of faltering.
Asian tech shares track Nasdaq gains as inflation fears recede
Asian tech and growth stocks rallied on Friday, following Wall Street’s overnight lead, as investors tempered fears about hot inflation and the prospects of an early tapering of stimulus by the Federal Reserve.
What is driving the growth of green and social finance?
Over the past decade, sustainable finance has become a prominent feature of global finance around the world. Green and social finance which target investments with specific and measurable environmental or social objectives witnessed fast expansion in recent years.
EU watchdog signals long journey for banks to become “green”
A sense of urgency is needed to plug data gaps in how banks in the European Union disclose their green credentials, the bloc’s banking watchdog said on Friday. The European Banking Authority in March set out how banks would have to publish a groundbreaking “green asset ratio” or GAR as a core measure of how […]
The Existing Inflation Woes Concerns THE US STOCKS & GLOBAL SELL-OFFS
Concerns that the US would need to intervene to control inflation shook the financial system last week, and UK stocks hit the global stock market. The FTSE 100 index of the world’s largest companies fell 2.3 percent, and European markets followed suit. On Wednesday, a rise in US inflation sparked concerns that the world’s largest […]
“Pandemic mindset” persists among global consumers – survey
People in the world’s leading economies remain overwhelmingly nervous about returning to life as normal, even after having being vaccinated against COVID-19, a survey released on Thursday found.
EOS Hermes says yet to decide on MUFG climate shareholder resolution
EOS at Federated Hermes has yet to decide if it will back a shareholders’ resolution sponsored by activists seeking to push Mitsubishi UFJ Group (8306.T) (MUFG) to align itself with global climate change goals, the asset manager said.
Vaccine patent waiver will not be enough -WTO chief
Waiving intellectual property rights for COVID-19 vaccines will not be enough to narrow the huge supply gap between rich and poor countries, the head of the World Trade Organization said on Thursday.
