Recent Posts - page 422

• Standard Chartered’s Hong Kong unit approved to set up brokerage unit in Mainland China

  By admin1 on October 12, 2020 • ( 0 )

  

  On Monday, China’s state backed news agency Xinhua reported, the Hong Kong branch of Standard Chartered has applied for a brokerage license in mainland China. The application was accepted by the China Securities Regulatory Commission (CSRC) on October 10. Standard… Read More ›

• China’s financial network and tech supply chain vulnerable to U.S. pressure: PBOC Vice Governor

  By admin1 on October 12, 2020 • ( 0 )

  

  On Monday, in a report, a magazine by the China’s central bank, Fan Yifei, a vice governor of the People’s Bank of China (PBOC) said, China’s financial network as well as its technology supply chain faces a huge risk from… Read More ›

• Nobel Peace Prize For 2020 Awarded To World Food Programme

  By admin2 on October 9, 2020 • ( 0 )

  

  This year’s Nobel Peace Prize has been awarded to the World Food Programme “for its efforts to combat hunger, for its contribution to bettering conditions for peace in conflict-affected areas and for acting as a driving force in efforts to… Read More ›

• HSBC targets net zero carbon emissions by 2050, flags $1 trillion towards green financing

  By admin1 on October 9, 2020 • ( 0 )

  

  In a significant development, Europe’s biggest lender HSBC said, it aims to target net zero carbon emissions across its entire customer base by 2050 at the latest; it will provide financing in the range of $750 billion to $1 trillion… Read More ›

• JPMorgan pledges $30 billion to address divide in racial wealth

  By admin1 on October 9, 2020 • ( 0 )

  

  In a significant development, JPMorgan Chase & Co stated it has decided to commit $30 billion to address racial inequality over the next 5 years. The development marks the largest corporate pledge to bring down racial tensions in the United… Read More ›

• Green Bonds Booming Amid Pandemic Rush To Fix The Climate Crisis

  By admin2 on October 8, 2020 • ( 0 )

  

  A critical role could be played by green bonds in the recovery of the global economy from the impact of the novel coronavirus pandemic. In recent months, there has been an increase in interest in green bonds with investors trying… Read More ›

• WTO Could Soon Have Its First Ever Female Boss

  By admin2 on October 8, 2020 • ( 0 )

  

  The process of selecting the new director general of the World Trade Organisation (WTO) is now in its final stages.   Nigeria’s former finance minister Ngozi Okonjo-Iweala and South Korean trade minister Yoo Myung-hee are the final two candidates who… Read More ›

• ING cuts lending to carbon emitting companies, aligns financing with 2015 Paris climate agreement

  By admin1 on October 8, 2020 • ( 0 )

  

  On Thursday, in a significant development that will see the renewable energy industry receive a financial boost, Dutch lender ING stated, it has taken steps to significantly cut on lending to carbon emitting companies in the power industry over the… Read More ›

• Washington likely to impose sanctions on Iran’s financial sector

  By admin1 on October 8, 2020 • ( 0 )

  

  According to a Republican congressional aide briefed on the matter at hand, the United States plans on imposing fresh sanctions on Iran’s financial industry. The development comes ahead of a key U.S. election. The move is likely to shut out… Read More ›

• Argentina becomes the first country to approve GMO wheat

  By admin1 on October 8, 2020 • ( 0 )

  

  Argentina has approved a strain of drought-resistant GMO wheat, developed by biotechnology firm Bioceres SA, making it the first country in the world to approve of GMO wheat. So far no country has given approved the imports of GMO products;… Read More ›

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