By Libby George VIENNA (Reuters) – Definitions of what a green bond is must be streamlined urgently to attract funds needed for the green transition, the World Bank Group’s private investment arm said, as markets brace for a backlash on sustainable investments from the incoming Trump administration. The number of ‘taxonomies’, a system of classification, …
World must urgently streamline green bond ‘taxonomies’ – IFC Read More »
By Clyde Russell LAUNCESTON, Australia (Reuters) -China imported a record amount of coal in 2024, driving world imports of the fuel to an all-time high. So why are coal exporters starting 2025 in a deep blue funk? For coal exporters, China is both their saviour and tormentor, as the record import volumes are only possible …
China torments and titillates seaborne coal market: Russell Read More »
By Timour Azhari DAMASCUS (Reuters) – Syria’s new central bank governor, Maysaa Sabreen, said she wants to boost the institution’s independence over monetary policy decisions, in what would be a sea change from the heavy control exerted under the Assad regime. Sabreen, previously the Central Bank of Syria’s number two, took over in a caretaker …
Exclusive-Syria’s new central bank chief vows to boost bank independence post Assad Read More »
SINGAPORE (Reuters) – The number of single family offices in Singapore grew to 2,000 in 2024, the deputy chairman of the city state’s central bank, Chee Hong Tat, said on Tuesday. That’s up from a figure of 1,650 Chee shared in September last year. Singapore has benefited from strong inflows of wealth into Asia due …
Singapore’s single family offices climbed to 2,000 last year, minister says Read More »
By Andy Home LONDON (Reuters) -The London Metal Exchange (LME) has now fully recovered from its near-death nickel crisis in 2022, with trading activity last year the strongest since 2015 and the fourth highest on record. Average daily volumes at the 148-year-old institution were 664,698 lots in 2024, up by 18.2% on 2023, the LME …
LME puts 2022 nickel crisis behind it as trading booms: Andy Home Read More »
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation likely rose 2.7% last month, an acceleration from the 2.4% reading in November, according to the median expectations of analysts polled by Reuters. Argentina’s economy has struggled against sky-high inflation which ended 2023 at 211.4% and peaked near 300% last April. A central bank analysts’ …
Argentina’s inflation expected to have accelerated 2.7% in December Read More »
By Walter Bianchi BUENOS AIRES (Reuters) – Investors in Argentina are betting on a potential interest rate cut and a slower ‘crawling peg’ for the local peso will prolong a market rally fueled by the pro-market policies of President Javier Milei and hopes for fresh IMF funds. The South American country’s libertarian leader has slashed …
Argentina markets look to rate cut, crawling peg to add fuel to New Year rally Read More »
By Marcela Ayres BRASILIA (Reuters) -The Brazilian central bank’s economic policy director said on Monday the country’s fiscal outlook still requires attention, even though the 2024 primary budget target had likely been met by the government. Speaking on a live broadcast hosted by Bradesco Asset Management, Diogo Guillen highlighted uncertainties regarding the achievement of fiscal …
Brazilian central bank official says risks to fiscal outlook remain Read More »
By Taosha Wang The past few years haven’t been easy for bond investors, as the “safe haven” asset has struggled in both sunny and cloudy markets. This raises an important question: Is it time to ditch the traditional 60/40 portfolio in favor of something more dynamic? During 2024, global bonds delivered a paltry total return …
Column-Navigating the brave new world of bond investing – Taosha Wang Read More »
By Gabriel Araujo SAO PAULO (Reuters) – Private equity-backed reforestation startup re.green has signed a partnership with Agro Penido to restore 600 hectares (1,482 acres) of land owned by the Brazilian agribusiness firm with native species from the Amazon rainforest, it said on Monday. Their partnership is the latest deal for the nascent reforestation business …
Brazil startup partners with agro firm to reforest degraded Amazon land Read More »
