The world's biggest asset manager BlackRock told clients on Wednesday that 17per cent of the 2 trillion euros (US$2.4 trillion) in assets it manages covered by new EU environmental, social and governance rules are classed as sustainable.
BEIJING: China's seed regulations need to be overhauled to boost innovation and protect investment in new products, executives said this week, amid a renewed focus on the sector for its critical role in ensuring food security. China's leadership has said in recent months the country needs a ...
HONG KONG: Hong Kong's Cathay Pacific Airways said on Wednesday (Mar 10) it was focused on preserving cash after it posted a record annual loss of HK$21.65 billion ($2.79 billion), caused by travel downturn, restructuring costs and fleet writedowns. The 2020 loss compared with 2019 profit of HK$1 ......
SYDNEY: Qantas Airways's budget arm Jetstar is flying 90 per cent of its pre-pandemic domestic schedule in March amid a rebound in demand as state borders have reopened in Australia, Jetstar's chief executive said on Wednesday (Mar 10). "We are feeling certainly more positive than we have in 12 ......
NEW YORK: Gaming platform Roblox - which has skyrocketed in popularity among kids and teens during the coronavirus pandemic - will make its Wall Street debut on Wednesday (Mar 10) as a direct listing. The company's shares will be listed under the symbol RBLX on the New York Stock Exchange. By...
SINGAPORE: Economists have raised their forecasts for Singapore's growth this year, anticipating a firmer improvement in the manufacturing and finance sectors. Singapore's gross domestic product is expected to increase 5.8 per cent this year, according to the median forecast of 24 economists ...
BEIJING: Until recently, few people had even heard of the Chinese billionaire with a gruff reputation who built a fortune on China's seemingly unquenchable demand for his ubiquitous red-capped bottled water. But reclusive Zhong Shanshan has become Asia's richest man following the stock listings ...
THE yield of the 10-year Singapore Savings Bonds (SSBs) has crossed 1 per cent for the April issue. The first-year interest rate stands at 0.35 per cent while the average return over a decade is 1.15 per cent per annum.
BEIJING: China's factory gate prices rose at the fastest pace since November 2018 in February, official data showed on Wednesday (Mar 10), underscoring expectations for robust growth in 2021 as the world's second-largest economy gathers momentum. The producer price index (PPI) rose 1.7 per cent ...
A House Judiciary panel focused on antitrust will hear from three witnesses on Friday who represent a range of news organizations with concerns about how big tech platforms like Facebook and Alphabet's Google increasingly dominate their industry.
