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LONDON: Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said.
Investors seek growth in emerging markets as recovery angst builds
The pandemic has a new epicenter, with Indonesia taking the lead in the dismal Covid-19 stakes after a recent streak of 50,000 infections a day.
MANILA (Bloomberg): The pandemic has a new epicentre, with Indonesia taking the lead in the dismal Covid-19 stakes after a recent streak of 50,000 infections a day.
Letter from Professor Datuk Dr Ahmad Ibrahim, Tan Sri Omar Centre for STI Policy Studies, UCSI University
LONDON/SINGAPORE (Reuters): "I've seen grown men cry," says Captain Tejinder Singh, who hasn't set foot on dry land in more than seven months and isn't sure when he'll go home.
THE Opec+ deal to boost crude oil output from August was always the most likely outcome to the producer group’s earlier impasse, and it should be enough to end market talk of US$100 (RM421.80) a barrel oil, at least for now.
SINGAPORE: South Africa’s unfolding turmoil is putting emerging-market (EM) political risks at the fore, and traders are hunting for currencies vulnerable to political hazards and playing them off against their more stable peers.
PETALING JAYA: Five out of six vaccines under the National Covid-19 Immunisation Programme have been endorsed by the World Health Organisation’s Emergency Use Listing (EUL).
BEIJING: President Xi Jinping has highlighted the need for Asia-Pacific Economic Cooperation (Apec) economies to enhance solidarity and cooperation to overcome the impact of Covid-19 and boost global economic recovery, as he announced a package of aid measures for other developing nations.