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LONDON: A 30 billion-pound ($39.3 billion) U.K. pension fund has threatened to fire managers that fail to curb their exposure to climate change and position for a low-carbon economy.
LONDON: U.S. Treasury Secretary Steven Mnuchin said he had learnt the hard way to be guarded in his comments on the dollar after roiling financial markets in 2018 by breaking from the usual language about the currency.
INDIA may be biting its own tongue for boycotting crude palm oil (CPO) from Malaysia.
LONDON: Singapore’s Temasek International Ltd may accelerate its climate change goals as the state-owned investor puts environmental, social and governance (ESG) principles at the heart of its strategies.
SINGAPORE: Malaysia is unlikely to suffer any loss in its palm oil business from China, despite Beijing pledging to boost soybean purchases from the US amid the trade war, according to International Trade and Industry Minister Darell Leiking.
SINGAPORE: Malaysia is unlikely to suffer any loss in its palm oil business from China, despite Beijing pledging to boost soybean purchases from the U.S. amid the trade war, according to the Southeast Asian nation’s trade chief.
KUALA LUMPUR: The Domestic Trade and Consumer Affairs Ministry is ready to implement the new subsidy programme which entails the floating of RON95 petrol and diesel pump prices, but is awaiting the greenlight from the Cabinet.
LONDON: Facebook will hire 1,000 people in London this year in roles such as product development and safety as it continues to grow its biggest engineering centre outside the United States after Britain leaves the European Union.
BENGALURU: Gold prices rose to a two-week high as the spread of a new virus in China stoked fears of a wider epidemic, sparking a sudden bout of risk aversion and sell-off in Asian stocks.
SYDNEY: Asian shares took a sudden turn for the worse on Tuesday as mounting concerns about a new strain of coronavirus in China sent a ripple of risk aversion through markets.