Jul 11

Germany’s Baerbock Says She Won’t Run as Greens Chancellor Candidate

Article content (Bloomberg) — German Foreign Minister Annalena Baerbock ruled out being the Greens’ pick for chancellor at the next election, paving the way for Robert Habeck to become the party’s candidate. It’s the latest sign that the main political parties in Europe’s biggest economy are increasingly turning their focus on the vote due in […]
Jul 9

Temasek China Bets Fall Below Americas for First Time in Decade

Breadcrumb Trail Links PMN Business Singapore state-owned investor Temasek Holdings Pte’s bets in China have soured further, as the US and India played a bigger role in generating returns. Author of the article: Bloomberg News David Ramli and Low De Wei Published Jul 09, 2024  •  5 minute read ftdj}uoe5]w[i2r87l3j79{x_media_dl_1.png Bloomberg Article content (Bloomberg) — […]
Jul 9

Singapore’s Temasek Will Back Big Polluters to Curb Emissions

Article content (Bloomberg) — Singapore’s Temasek Holdings Pte. will continue to invest in major polluters even as it seeks to slash portfolio emissions, aiming to push sectors like aviation to decarbonize faster. Five companies — including Singapore Airlines Ltd., energy producer Sembcorp Industries Ltd. and commodities trader Olam Group — account for about 80% of […]
Jul 9

Tycoon Tanoto-Owned RGE Units Turn to Sustainable Financing

Article content (Bloomberg) — Two units of Singapore-based Royal Golden Eagle, owned by Indonesian tycoon Sukanto Tanoto, are in the midst of obtaining sustainability-linked loans as the group aims to shift its fundraising to environmentally-friendly options. The firm’s palm oil unit, Apical Group, is in discussions with lenders for financing that comes with commitments from […]
Jul 7

West African Juntas Form Confederation in Break With Regional Bloc

Article content (Bloomberg) — Military leaders from Mali, Niger and Burkina Faso inched further away from their West African neighbors, forming a confederation aimed at reinforcing political and economic integration. The move — effectively dividing West Africa into opposing alliances of democracies and of military rulers — comes after the juntas independently cut military ties […]
Jul 7

Texas Governor, Taiwan Minister Sign Economic Cooperation Pact

Article content (Bloomberg) — Texas Governor Greg Abbott and Taiwan’s Minister of Economic Affairs Kuo Jyh-huei signed a statement of intent on economic cooperation during a meeting in Taipei Sunday. Abbott emphasized the opportunities that exist for the two sides to work together in critical industries including semiconductors, energy and electric vehicle manufacturing. Article content […]
Jul 7

Le Pen’s Far Right Seeks Historic French Election: What to Watch

Breadcrumb Trail Links PMN Business French voters head to the polls on Sunday in what will likely be an unprecedented election for the European Union’s second-biggest economy. Author of the article: Bloomberg News Richard Bravo Published Jul 07, 2024  •  5 minute read a9jqquqss7f6g8q6voij]2{k_media_dl_1.png Bloomberg Article content (Bloomberg) — French voters head to the polls […]