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Markets having second thoughts about rebound
NEW YORK (Reuters) - Bitcoin investment products and funds registered outflows for a second consecutive week, according to data from digital asset manager CoinShares released on Monday, highlighting investors' cautious sentiment on the cryptocurrency sector as prices continued to stall.
LONDON: Around a third of central banks and sovereign wealth funds have raised their focus on environmental, social and governance issues over the past year as the COVID-19 pandemic highlighted issues ranging from carbon emissions to inequality, an Invesco survey found.
VENICE: BlackRock Chief Executive Larry Fink on Sunday called for governments to develop a stronger long-term climate finance plan to unlock the private capital needed to fund the transition to a low-carbon economy.
Schwin Chiaravanont -- whose family controls the 100-year-old Charoen Pokphand Group -- is planning to raise $500 million for his flagship private-equity venture 9 Basil, which aims to use most of the new money to step up purchases of distressed assets.
As many as 36 Chinese companies have raised a total of US$12.59 billion in US markets as of June 30, the highest amount on record, according to DealogicWashington’s ‘efforts to force financial decoupling between the US and China have made little progress’, says analyst
KUALA LUMPUR: Malaysia’s stocks are “looking attractive” after being among the worst performers globally amid the pandemic, Malaysian Industrial Development Finance Bhd’s group managing director Charon Wardini Mokhzani said.
AS expectations of US Federal Reserve (Fed) tightening its monetary policy gather pace, so are concerns among investors over a potential repeat of the 2013 taper tantrum that rocked emerging markets (EMs).
CHINA'S capacity to maintain stability in its financial markets is being tested by the Federal Reserve’s sudden hawkish shift.