Author: Journalist

An innovative plan to use public money to back renewable energy loans in the developing world could liberate cash from the private sector for urgently needed climate finance.Avinash Persaud, a special adviser on climate change to the president of the Inter-American Development Bank (IADB), who developed the proposals, believes the plan could drive tens of billions of new investment in the fledgling green economy in poorer countries within a few years, and could provide the bulk of the $1.3tn in annual climate finance promised to the developing world by 2035.“This could be an engine for green growth, and produce the…

Traders work on the floor of the New York Stock Exchange on June 10, 2025. NYSEStocks rebounded on Monday as investors were optimistic that the conflict between Israel and Iran may remain contained. The spike in oil prices due to the escalating conflict also eased.The Dow Jones Industrial Average rose 404 points, or about 1%. The S&P 500 also advanced 1.1%, while the Nasdaq Composite surged 1.5%.WTI crude oil futures fell more than 3% to $70.47 a barrel after trading above $77 earlier in the overnight session.Traders have been closely watching the Middle East after Israel’s strike on Iran Friday.…

TotalEnergies is an industry leader in the rankings of the main ESG rating agencies. The Company is maintaining, year after year, its exemplarity in terms of ESG best practices and high level of transparency.TotalEnergies is also included in numerous ESG indices composed of the best performing companies in terms of sustainable development. TotalEnergies has been present since 2001 in the FTSE4Good index series (London Stock Exchange) and continue to be included in the MSCI’s indexes (MSCI Europe ESG Leaders, MSCI World ESG Screened and MSCI Europe ESG Screened).ESG rating agenciesAs of February 2025, the main ESG ratings of the Company…

Indian stock market extended its fall for the second consecutive session on Friday, with both the benchmark indices, Sensex and Nifty 50, closing over half a percent lower each, as escalating conflict between Israel and Iran triggered risk-off sentiment.The Sensex dropped 573.38 points, or 0.70%, to close at 81,118.60, while the Nifty 50 settled 169.60 points, or 0.68%, lower at 24,718.60. Bank Nifty index slipped 555.20 points, or 0.99%, to end at 55,527.35.For the week, the Sensex declined 1.30%, Nifty 50 fell 1.13%, and the Bank Nifty plunged 1.86%.Stock market next weekThe benchmark Nifty 50 held above the 24,700 level,…

Britain’s financial regulators need to learn from Singapore by ditching their “risk-averse culture”, stepping up support for economic growth, and becoming more welcoming to businesses, a House of Lords committee has said.Since the 2008 banking crisis, the Financial Conduct Authority and Prudential Regulation Authority have introduced “unnecessary frictions” that undermine growth and innovation and “discourage new entrants”, the House of Lords Financial Regulation Committee said on Friday.The peers’ conclusion that the UK has “valuable lessons to learn from Singapore’s approach” to financial regulation underscores widespread frustration in the City of London over how the two authorities have responded to a…

Though the recent price correction of Bitcoin has caused some concern, it is a relatively controlled shakeout in comparison to earlier liquidation cascades. Although the price has fallen from the $110,000 range to about $103,000, as of press time, liquidations on significant exchanges such as Binance have remained remarkably contained, with no long position worth more than $200 million being wiped out.  This suggests a more planned correction as opposed to a sell-off triggered by panic. Technically speaking, Bitcoin is now trading close to its 100-day moving average after breaking below its 50-day EMA. Bulls and bears will engage in…

A reader asks: 100 Years is a heartbeat in terms of the scale of human history. What are the odds that capital might become so bountiful and technological innovation so fast that stocks fall and stay underwater forever? I never hear mainstream (keep buying) advisors even entertain this possibility. This question was in response to one of the many market studies I’ve done over the years. I get variations of this question all the time — what if stocks for the long run isn’t meant to last? There’s plenty to cover here but first a history lesson. The entire idea…

CNN  —  In the days before President Donald Trump suddenly paused most of the punishing tariffs on foreign countries he had revealed in early April, more than a dozen congressional lawmakers were tied to thousands of dollars’ worth of stock transactions, including significant purchases as the US stock market tumbled, a CNN analysis of financial filings shows. Seven Democrats and three Republicans reported stock transactions made on April 7, two days before Trump instituted the pause, according to a CNN review of a database of congressional financial filings compiled by Capitol Trades, a platform by the financial data research firm…

SINGAPORE – A 10-year-old initiative to strengthen transport links between Chongqing and Singapore will produce new opportunities over the next 10 years for western China and Asean to work together in areas such as green finance and digital connectivity. For a sustainable, low carbon future, both Asean and China will require a vast amount of green financing and investments, said Mr Leong Sing Chiong, deputy managing director for marketing and development at the Monetary Authority of Singapore.He was speaking at a trade and financial conference on the China-Singapore (Chongqing) Connectivity Initiative New International Land-Sea Trade Corridor (CCI-ILSTC). The conference was…

In brief Bitcoin has rallied in recent days after dipping in late May. The Fed was widely expected to keep interest rates unchanged. Altcoins have largely followed Bitcoin’s price pattern recently, although ETH has outpaced BTC. Bitcoin gained half a percentage point after the May Consumer Price Index showed that prices rose 2.4% in May, showing that U.S. President Donald Trump’s trade war has had a limited impact on prices.The 2.4% increase is lower than all 73 forecasters predicted in the latest Bloomberg survey.The largest cryptocurrency by market capitalization was recently hovering just below $109,000, but has now risen closer…