Jun 25

Vietnam’s SeABank Plans to Issue Nation’s First Blue Bond

Article content (Bloomberg) — Vietnamese lender Southeast Asia Commercial Joint Stock Bank plans to issue the country’s first blue bond as part of a $150 million financing package from the International Finance Corporation. IFC will subscribe the $25 million dollar-denominated five-year blue bond issued by the bank, as well as $50 million in five-year dollar-denominated […]
Jun 24

Climate Group Backed by TCI Billionaire Has a Transition Warning

Breadcrumb Trail Links PMN Business A nonprofit backed by Chris Hohn, the billionaire money manager behind TCI Fund Management, says climate investors need to move into the highest-emitting sectors if they’re to effectively bring about a low-carbon energy transition. Author of the article: Bloomberg News Alastair Marsh Published Jun 24, 2024  •  3 minute read […]
Jun 22

Fed’s Key Inflation Gauges May Offer Path to Rate Cuts: Eco Week

Breadcrumb Trail Links PMN Business The Federal Reserve’s favored inflation yardsticks are poised to show the tamest monthly advances since late last year — a stepping stone for officials to begin lowering interest rates, possibly as soon as September. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jun 22, 2024  •  […]
Jun 22

Thai PM Touts Plans for Casinos, Nuclear Power in First TV Talk

Article content (Bloomberg) — Thai Prime Minister Srettha Thavisin used his first monthly television address as the country’s leader to promote plans for legalizing casinos and building a nuclear power plant to curb illegal gambling and reduce electricity costs. Casinos would bring gambling businesses under the government’s control, while a nuclear power plant would ease […]