Indian Prime Minister Narendra Modi’s green pitch to the Group of 20 this week will include new calls for clean energy cooperation — a tough sell from a nation still doggedly reliant on coal.
An auction of 30-year Japanese government bonds drew limited demand Thursday as investors held out for higher yields amid speculation the central bank will continue to tweak monetary policy.
Mozambique is seeking to become the latest country to secure an energy-transition pact with wealthy nations and is targeting an announcement at the COP28 climate summit later this year.
Australia’s outgoing central bank Governor Philip Lowe said the days of consistently low and steady inflation may be in the past in a wide-ranging speech titled “Some Closing Remarks.”
A banker who has spent more than three decades watching Japanese government bonds is bracing for the possibility that long-term yields hit levels unseen in a generation as the central bank moves away from negative rates.
Crown Prince Mohammed bin Salman wants to turn the kingdom into a hub for resources such as copper, but mining giants are yet to back him.
South Korea priced its first yen bond in Japan, raising 70 billion yen ($474 million) in a move that highlights warming ties between two neighbors with a painful historical legacy.
Amer Sports, the maker of Wilson tennis rackets and Salomon ski boots, has filed confidentially for a US initial public offering that could value the group at as much as $10 billion, people familiar with the matter said.
A Japanese rocket bound for the moon took off early Thursday, offering relief to a battered national space program following a string of weather delays, major setbacks and high-profile failures.
With economic storm clouds gathering, Canada’s bank regulator is considering stricter capital requirements that some analysts say have the potential to force Royal Bank of Canada, the nation’s biggest lender, to sell equity.
