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BANGKOK: Outside China, Thailand has the largest number of patients infected by the novel coronavirus. Unfortunately, the export-reliant US$500bil economy, South-East Asia’s second-largest, was sickly even before the outbreak of the pneumonia-like illness. That reflects simultaneous blows from the Sino-U.S. trade war, the worst drought in decades and a stubbornly strong currency.
LONDON (Reuters) - At least $1 trillion (769 billion pounds) of investment in new fuel technology is needed to enable the shipping industry to meet U.N. targets for cuts in carbon emissions by 2050, a study published on Monday showed.
NEW YORK (Bloomberg): Stocks struggled for traction in Europe while US equity-index futures slipped as concern over trade tensions lingered before America and China sign an initial trade accord. Treasuries rose and the dollar edged higher.
SINGAPORE: The much-anticipated arrival of virtual banking in Singapore is unlikely to be an "aha” moment for consumer finance, but corporate banking will be different. One should expect disruption.The application period for Singapore’s first internet-only lenders ended last week with five known hopefuls, so far, for as many licenses on offer.
ANKARA (Reuters) - Istanbul is in talks to borrow in international markets to finance ongoing rail projects, two bankers with knowledge of the matter told Reuters on Thursday, as the city's new mayor kicked off meetings with investors in London.
HONG KONG (Reuters) - Finance firms in Hong Kong urged staff on Wednesday to seek safety or work from home as anti-government protests paralysed the city's business district for a third day in one of the biggest disruptions faced by the Asian finance hub.
UNITED NATIONS (Reuters) - Banks with more than $47 trillion in assets, or a third of the global industry, adopted new U.N.-backed "responsible banking" principles to fight climate change on Sunday that would shift their loan books away from fossil fuels.
BRASILIA (Reuters) - Brazil's far-right President Jair Bolsonaro has cancelled a trip to the United States, his office announced on Friday, after sharp protests against his being honoured as the person of the year by the Brazilian-American Chamber of Commerce.
RIO DE JANEIRO (Reuters) - Delta Air Lines, The Financial Times and Bain & Co have pulled out of an event in New York honouring Brazilian President Jair Bolsonaro, the firms said on Thursday, as the South American leader faces blowback for racist and homophobic comments.
WASHINGTON (Reuters) - Two U.S. House of Representatives committees have issued subpoenas to multiple financial institutions, including Deutsche Bank AG, for information on President Donald Trump's finances, the panels' Democratic leaders said on Monday.