Lifestyle
Opec boosts long-term oil demand outlook, driven by developing world growth
OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and the Middle East and a slower...
Catalytic capital is key to emerging markets badly in need of decarbonisation funding
Managers are courting catalytic capital – investment willing to accept a lower return – so as to bring more investors to the table BILLIONS of dollars are being raised...
ECB started issuing fine notices to banks not meeting climate expectations
THE European Central Bank has started issuing fine notices to lenders not meeting its long-defined expectations on disclosing and managing climate risk, Irene Heemskerk, the head of the ECB’s...
Raspberry Pi rally bucks trend of London IPO disappointments
It is the only counter with a stock price higher than its offering, of the companies that raised at least US$100 million over the past three years and are...
Lenders line up more than 10 billion euros for Sanofi health unit buyout
BANKS and other lenders are lining up more than 10 billion euros (S$14.3 billion) of debt to back a buyout of Sanofi’s consumer health division, as one of the...
Indonesia to launch central counterparty clearing house next week
INDONESIA will launch a central counterparty clearing house (CCP) next week for foreign exchange and money market transactions, its central bank said on Tuesday (Sep 24), as it aims...
KKR, GIC hire banks to sell stakes in US$3.2 billion Metro Pacific Health, sources say
The two hold an 80% stake in the private hospital group, and Metro Pacific Investments owns the restGLOBAL investment company KKR and Singaporean sovereign wealth fund GIC have appointed...
Hong Kong, Shanghai lead markets rally after China stimulus
HONG Kong and Shanghai stocks led gains across Asia and Europe on Tuesday (Sep 24) after China unveiled fresh stimulus measures as the country’s leaders struggle to kickstart growth...