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OSLO: Finance has emerged as one of the sectors around which climate risk is least well understood, according to a review intended to set a new investing mandate for the world’s biggest wealth fund.
BENGALURU: Asian shares skidded and the dollar firmed on Monday ahead of a week packed with global central bank meetings, with a torrid session for the world's most indebted property developer China Evergrande dragging Hong Kong stocks to a near one-year low.
TOKYO: Australia’s dollar slipped to a five-month low after minutes from the central bank’s latest policy meeting showed it is likely to lower interest rates again.
Six months on from the euphoria that greeted full Internet access for mobile phones on the communist-run island, frustrated Cubans complain it is too expensive, too slow and crippled by government censorship.
OSLO: Oil and gas companies working in Norway have hiked their 2019 and 2020 investment forecasts as they add more field development plans, a survey by the country’s statistics agency (SSB) showed.
OSLO: Oil and gas companies working in Norway have hiked their 2019 and 2020 investment forecasts as they add more field development plans, a survey by the country’s statistics agency (SSB) showed on Tuesday.
KUALA LUMPUR: Malaysia's central bank is likely to cut its benchmark rate to 3% at a policy review on Tuesday to cope with a slowdown in growth, a slim majority of analysts in a Reuters poll said.
PETALING JAYA: Hibiscus Petroleum Bhd and Reach Energy Bhd will likely lose Norway’s sovereign wealth fund as a shareholder as the latter is considering an exit from its global investment in oil and gas (O&G) exploration and production (E&P) companies.
NEW YORK: A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly US$5.1 trillion-a-day foreign exchange market.