LONDON: A group of investors managing US$11 trillion in assets has called on banks to set tougher emissions targets ahead of a meeting of world leaders aimed at accelerating efforts to fight climate change. The group, which includes Pimco, the world's biggest bond investor, and Britain's biggest ...
Some countries have already implemented laws to mitigate new risks associated with a hybrid work model and companies here may follow suit, says lawyer Amarjit Kaur.
SINGAPORE is set to rise in importance for Citi in the region as the banking giant exits its consumer business in several markets across Asia.
THE bond yield on the benchmark 10-year US government note reached a one-year high last month, with the potential to climb even higher. The shift has unsettled investors who wonder how this will impact their portfolios.
OCBC's private banking arm, Bank of Singapore, plans to double its share of wallet in alternative investments by 2023 as ultra-low interest rates nudge investors to hunt for yield beyond traditional markets.
MELBOURNE: Australia's federal government and the state of South Australia have signed a A$1.1 billion (US$851 million) deal to finance measures aimed at making energy more affordable and helping to curb carbon emissions. Australia said in December it could beat its target for cutting carbon ...
HONG KONG: Chinese secondhand electronics trading platform Aihuishou is aiming to raise US$500 million to US$1 billion in a US initial public offering by early June, said two people with direct knowledge. The 10-year-old company, backed by online retailer JD.com, is targeting a valuation of US$4 ...
Amazon.com's video game division has cancelled an online role-playing game based on the fantasy series Lord of the Rings, which was announced in 2019, an Amazon spokeswoman said. The game had been in development at Amazon Game Studios alongside China-based Leyou Technologies Holdings, which was ...
The man known as "Roaring Kitty" on social media, whose online posts helped spark January's trading frenzy in GameStop, exercised call options on the stock to acquire 50,000 more shares at a strike price of US$12, Bloomberg reported. Bloomberg cited a screenshot of Keith Gill's portfolio showing ...
South Africa's health regulator, on Saturday, recommended that the government lift the pause on administering drugmaker Johnson & Johnson's COVID-19 vaccines, given that certain conditions are met.
