Top Section/Ad
Top Section/Ad
Most recent
Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
Cheap panels from China help expansion, often by private citizens
Two groups of finance ministers and one of experts set out how multiplying climate investment would create millions of jobs and save lives
World Bank online dashboard helps countries evaluate targets
More articles/Ad
More articles/Ad
More articles
-
Vietnam’s VNDirect Securities Corp has tapped the offshore loan market for the first time for a $50m borrowing. -
Investment firm China Renaissance Holdings has closed its debut offshore borrowing of $300m.
-
The Asia Pacific Loan Market Association, a trade body, has appointed Pedro Cheung as its new chairman.
-
Senegal and Cameroon mandated banks this week to bring them back to the debt capital markets. Despite wide uncertainty about African sovereign debt restructuring, market participants said credit conditions were conducive to issuance.
-
Thailand’s Charoen Pokphand Group, which tapped the loan market for a $7.2bn bridge loan last year to acquire retail giant Tesco’s Asia business, is now seeking covenant waivers on the fundraising. The move — which bankers say is triggered in part by CP’s plan to offload some of its newly-gained stake in Tesco — has hurt lenders’ confidence in the Thai conglomerate and raised questions around its strategy. Pan Yue reports.
-
A Dutch court has ruled that Royal Dutch Shell is partly responsible for climate change and must reduce its global carbon emissions — including those caused when customers burn its products — by 45% from 2019 levels by 2030. If the ruling is sustained on appeal it would cause a seismic shift in the balance of power on climate change, with huge implications for financial markets.
