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MANY central banks are starting to withdraw the emergency stimulus they introduced to fend off last year’s pandemic recession.
WELLINGTON: New Zealand’s central bank raised interest rates for the first time in seven years and signaled further increases will likely be needed to tame inflation
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.
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.
LONDON: Risks don’t come much longer term than climate change, so you might expect sovereign wealth funds (SWFs) to be all over it, as investment giants with decades in their sights.
HONG KONG: Surging house prices across much of the globe are emerging as a key test for central banks’ ability to rein in their crisis support.
THE Norwegian sovereign wealth fund will vote against the re-election of Total SE’s Patrick Pouyanne as director of the French energy company at this week’s annual general meeting.