Author: Journalist
Despite a pullback amid political hostility, investors and business leaders still recognise that corporate behaviour that benefits the environment also benefits the bottom lineAS A concept, environmentally responsible investing is in its flop era. Right-wing backlash has turned “ESG” into a four-letter word in terrified corporate boardrooms. Donald “Drill, Baby, Drill” Trump is returning to the White House. Bitcoin, possibly the least environmentally responsible investment on the planet, is at US$100,000 and climbing. But the flop is always floppiest before the dawn, as the kids (absolutely do not) say. Whisper it, but investors and business leaders are still checking the…
With rising energy demand and an increasing focus on renewable energy to achieve net-zero targets, South-east Asia – blessed with abundant sunshine and advancements in solar technology – offers significant opportunities for renewable energy financing.Despite the promising potential of the region’s renewable energy sector, international financiers and investors eager to tap into the region’s opportunities often find themselves navigating a maze of challenges, according to a banking executive.From regulatory uncertainties and infrastructure bottlenecks, to the credit risks common in emerging markets, the road to renewable investment is anything but smooth, observed Rino Donosepoetro, Standard Chartered’s cluster chief executive for Indonesia…
The Chinese stock market has lagged behind US and European markets in recent years, with significant price declines. It has dropped by 56% since its high in February 2018, falling into a real bear market. The outlook for 2024 focused on whether the Hang Seng index could succeed in defending its November 2022 low at 14,600; it managed, albeit narrowly. Political relief arrived in September when the Chinese government introduced long-awaited stimulus measures, revitalising Chinese equities. In 2025, the focus will be on whether these measures can deliver lasting results, and whether China can recover like the US after the 2009 financial…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Tuesday markets: It is a quiet day at the index level on Wall Street, as the S & P 500, Nasdaq Composite and Dow Jones Industrial Average are all little changed in afternoon trading. Beneath the surface, though, there are some interesting moves afoot. Most notable among them is the 5% jump in shares of Google parent Alphabet after the tech giant disclosed a quantum computing breakthrough. We sold into the…
19h10 ▪ 5 min read ▪ by Luc Jose A. The turbulence of financial markets amplifies investors’ concerns, who are looking for assets capable of withstanding economic and geopolitical upheavals. In this context, bitcoin, gold, and silver emerge as strategic havens. These three assets represent a concrete response to the threats posed by increasing public deficits, persistent inflation, and the fragility of traditional bonds. Brian Russ, Chief Investment Officer at 1971 Capital and a recognized expert, sheds light on the emergence of this new dynamic. He analyzes the growing role of these assets in the reorganization of investment portfolios. The…
Even a personal appeal by MicroStrategy Inc.’s Michael Saylor failed to persuade software giant Microsoft Corp. to follow in his footsteps by investing in Bitcoin.Saylor, who has transformed the once obscure enterprise software maker he co-founded into a Bitcoin proxy owning more than $40 billion of the cryptocurrency, made the case at Microsoft’s virtual shareholder meeting on Tuesday. Investors rejected a ballot proposal requesting that the board conduct an assessment to determine if diversifying the company’s balance sheet by including Bitcoin is in the best long-term interests of shareholders. Saylor spoke on behalf the Free Enterprise Project, which sent a…
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 10 December 2024 – Octa, a financial broker with globally recognised licences, received two industry accolades for its proprietary trading platform OctaTrader: the ‘Best professional trading platform for functionality and ease of use’ award from Professional Trader Awards and the ‘Best proprietary platform’ award from FXScouts. Near the end of 2024, OctaTrader, Octa broker’s trading solution, received two prestigious industry awards. With OctaTrader, Octa aims to guide traders of various experience levels through all steps of the trading journey, offering them a comfortable and accessible experience. OctaTrader works seamlessly across all devices,…
The International Chamber of Commerce (ICC) and the Bahrain Chamber of Commerce and Industry have announced a partnership to support small business in Bahrain and foster global trade in line with ICC’s mission to make business work for everyone, every day, everywhere. Share this: New windowShare on LinkedinNew windowShare on XNew windowShare on FacebookNew windowShare on Email The partnership agreement, signed at ICC Global Headquarters today, seals a two-year collaboration to strengthen multilateralism, enhance digital trade and improve access to finance and dispute resolution services globally, regionally and locally. Recognising the key role of ICC’s national committees in alerting governments…
On 19 November 2024, the Council of the European Union formally adopted the new ESG Ratings Regulation (the “Regulation”), following a proposal from the European Commission on 13 June 2023 and an agreement with the European Parliament at first reading. This regulation marks a significant step in the European Union’s (“EU”) efforts to regulate ESG rating activities, addressing long-standing concerns over inconsistencies, lack of transparency, and fragmented practices across Member States. This Regulation reflects the EU’s continuing commitment to fostering sustainable finance markets, in pursuit of the EU’s Green Deal objectives. It will be published in the EU’s Official…
POLAND – 2024/04/25: In this photo illustration Crypto coins bubbles are displayed on a smartphone … [+] with stock market percentages on the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Bitcoin crossing the $100,000 mark last week was undeniably a historic milestone. Yet, as the leading cryptocurrency celebrated its achievement, many altcoins were already outperforming it, signaling the onset of an altcoin season. Since the start of the year, 20 of the top 50 cryptoassets by market cap have outpaced Bitcoin’s impressive 124% gain. Rising altcoin market caps, growing media interest, and the…