The market for bonds that are linked to companies meeting certain environmental goals could grow 20-fold this year to between US$120 billion and US$150 billion, a senior JP Morgan banker said, as businesses look to tap into booming demand.
Facebook Inc said on Monday it took down 1.3 billion fake accounts between October and December and that it had over 35,000 people working on tackling misinformation on its platform.
Mark Branson, the head of Switzerland's financial markets regulator FINMA, is to be named the new President of German financial watchdog BaFin, German daily Handelsblatt reported on Monday, citing government sources.
CAPITALAND on Monday said the proposed overhaul of its structure is meant to sharpen the group's focus on strategic growth and create shareholder value.
California's two U.S. senators are urging President Joe Biden to set a firm date to phase-out gas-powered passenger vehicles as the White House grapples with how to rewrite vehicle emissions rules slashed under President Donald Trump.
ASTREA VI, the latest series of private equity-backed bonds, has been tokenised by digital platform iSTOX, reducing the minimum investment ticket by up to 10 times for accredited investors.
Turkey's lira slid 15per cent to near its all-time low on Monday after President Tayyip Erdogan's shock weekend decision to oust a hawkish central bank governor sparked fears of a reversal of recent rate hikes and undermined the bank's credibility.
Mexico is looking to renegotiate some of its hundreds of millions of dollars-worth of contracts with Vitol SA after the global energy trader acknowledged paying kickbacks to win business with state oil company Pemex, Reuters has learned.
