June 9, 2023
The $2 billion carbon offset market is heading for a massive reset as a growing number of sovereign governments announce their intent to tax, regulate or restrict trade in credit generated within their borders. The details vary, but from Indonesia to Kenya to Honduras, the goals are the same: Governments want to retain more of
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Asia’s leading ESG funds are reaping the rewards of investing in Japan, a market largely ignored even by local sustainability-focused investment managers. According to data compiled by Bloomberg on ESG funds with at least $250 million in assets, four of the top five in the region this year are concentrated in Japan, where overall returns
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This article is a local version of our Disrupted Times newsletter. Sign here receive a newsletter directly to your inbox three times a week Today’s top news For the latest news, visit our live blog Good evening. Uncertainty surrounding China’s economy and its relationship with the West has intensified today as Western business leaders warned
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Binance appointed Richard Teng lead its regional markets outside the United States, at a time when the world’s largest cryptocurrency exchange is subject to scrutiny by US regulatory authorities for compliance issues. Teng, who announced his promotion to LinkedIn profile is already heading to Asia, Europe and the Middle East. He joined Binance as CEO
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Analysts warn that tight labor markets and loose fiscal policy will prolong inflation in some emerging economies, with underlying price pressures remaining entrenched even as food and energy prices have fallen from last year’s highs. After a round of tightening to cope rapid rise in inflation Fueled by the lifting of Covid-19 restrictions and Russia’s
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NEW YORK: Global stock markets rose on Friday on hopes of progress in talks to avert a catastrophic US default and an ongoing rally in tech stocks due to enthusiasm for artificial intelligence (AI) firms. On Wall Street, the broad-based S&P 500 rose 1.3% to 4,205.45, while the Dow Jones Industrial Average posted a more
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Supposedly AI-generated image that allegedly shows an explosion near Pentagon went viral Twitter Monday sending the markets crashing. Dozens of verified accounts, including national news outlets, have posted footage showing black smoke rising from the ground next to a white building. The image appears so realistic that people went berserk as it spread across the
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To Estimated risk per 22.05.2023 11:56:00 Today in the Calculated Risk Real Estate newsletter: Final look at local housing markets in April Brief excerpt: California home sales down 36.1% y/y in April, median prices down 7.8% y/y Here is the California Association of Realtors® (CAR) press release: CAR reports that higher mortgage rates and low
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Watch China’s Underground Tutors on Tuesday, May 23 at 9:30 pm on SBS or live. In July 2021, the Chinese government banned private tutoring after school for primary and secondary students to reduce academic workload and promote social equity. Known as the double cut policy, it forced tutoring companies to register as nonprofits and limited
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European stocks tumbled on Wednesday, and the US debt ceiling deadline put pressure on investors as politicians in Washington failed to agree on a deal to increase the country’s spending cap. The European regional Stoxx 600 fell 0.7% and the French CAC 40 shed 0.6% in the first hour of trading. The moves come after
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