Trump’s moves reflected the increasing uncertainty in markets, with his broadside against Europe on Friday a harsh reminder of the president’s volatile policy making. The tariff war has returned to the fore as the major driver of markets once again after concerns about Trump’s proposed tax cuts, and their impact on US deficit, churned markets […]
It’s the latest wedge dividing Europe, where emissions reductions are anchored in law, and the US, where the Trump administration has mounted a full-throated attack on net zero policies. The bill agreed by House Republicans is even “worse than feared” for investors committed to energy transition strategies, according to equity analysts at Jefferies.
In Canada, the economy appears likely to miss the Bank of Canada’s forecast of 1.8% annualized growth in the first quarter, with industry-based figures so far pointing to a 1.5% expansion in data on Friday. Canada’s head of state, King Charles III, will lay out Prime Minister Mark Carney’s priorities in a speech on Tuesday […]
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., and Josh Easterly, co-founder and co-chief investment officer of Sixth Street Partners, are among those warning that the credit market may not be pricing in enough risk. And the lowest rung of junk bonds are flashing warnings that the US economy could soon face slower […]
NTPC has a goal to ramp up its generation base to 130 gigawatts in the year through March 2032, from about about 80 gigawatts, according to its website. As about 87% of the company’s installed capacity is based on fossil fuels, it seeks to bring down the number to half by 2032 as it focuses […]
The impact on installation companies — many of them smaller, mom-and-pop operations — could be severe, if homeowners decide they can no longer afford going solar. Leon Keshishian, CEO of Civic Renewables, called the potential loss of tax credits “a killer” that could force him to cut staff at his company, which installs residential systems in Virginia, Maryland, […]
For Kim, the events are a dramatic reversal. Born in South Korea and educated at Harvard University, he founded MBKP in 2005 after a successful career at Carlyle Group. Over two decades, he built MBKP into one of Asia’s largest homegrown private equity funds, winning deals across China, Japan, and Korea.
“The bond market is speaking, equity markets aren’t really listening at this point,” Thomas Taw, head of Asia Pacific investment strategy at BlackRock Asset Management, said in a Bloomberg Television interview. “All these measures that are coming through, whether it’s tax bill, tariffs, et cetera, these are all inflationary type of measures.
“The recent zig-zags in Venezuela policy have left investors, and frankly everyone else, with their heads spinning,” said Geoff Ramsey, a senior fellow at the Atlantic Council in Washington. “The question is whether the administration can articulate these two approaches into a single, more cohesive ‘good cop, bad cop’ routine.”
The G7 countries, which comprise the UK, US, Germany, France, Italy, Canada, and Japan, have been exploring ways to toughen the price cap to better degrade Moscow’s ability to fund its war in Ukraine. Under the current terms of the price cap, which is set at $60, western operators can insure and transport oil from […]