[ad_1] [SINGAPORE] Countries such as Singapore have recently started to directly procure credits to supplement their Nationally Determined Contribution (NDC) goals towards climate-change mitigation. New research from the Sustainable and Green Finance Institute (SGFIN) at the National University of Singapore (NUS) indicates that these countries – and others that are considering to follow their footsteps – need to carefully review the frameworks that are used to evaluate these credits to minimise future reputational and reversal risks of the carbon credits they procure.Recent certifications of major carbon credit frameworks, such as Verra and Gold Standard by the Integrity Council for the…
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[ad_1] Well, well, well.In a US customs messaging note quietly slipped out in the early hours of Saturday, a series of numbers were listed as exempt from the 125% tariff on goods entering the country from China.The code “8517.13.00.00” means very little to most of the world, but in the US customs list it represents smartphones. The inclusion meant the number one Chinese export to America by value last year was exempted from the import taxes, alongside other electronic devices and components, including semiconductors, solar cells and memory cards.In the context of the US Commerce Secretary Howard Lutnick just days…
[ad_1] What to do now: Advice from personal finance columnist Michelle Singletary – CBS News Watch CBS News The Washington Post columnist has suggestions for those worried about the current turmoil affecting the stock market, global trade, and your retirement accounts. And yes, she says screaming is allowed. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On [ad_2] Source link
[ad_1] When the stock market is in the middle of a panic, investors flee to bonds. Last week, that fundamental “flight to safety” approach didn’t work. A surge in U.S. treasury bond yields sparked questions about the fundamental role of bonds in a diversified portfolio, and even bigger questions about whether an unprecedented shift away from the U.S. treasuries market and U.S. dollar could be underway. Managing bond maturities had already become increasingly difficult for investors in a world of rapid interest rate swings and inflation as the Fed transitioned from an era of ultra-low interest rates to major rate…
[ad_1] Updated Apr 13, 2025 19:56 ISTHDFC Bank interest rates (iStock) HDFC Bank interest rates : Private sector lender HDFC, which is India’s second largest bank by asset, has reduced its interest rate on savings accounts. The lender, that commands a market cap of Rs 13,82,450.37 crore, has reduced its interest rate to the lowest level, as compared to its competitors including ICICI Bank and Axis Bank . Furthermore, the reduction comes just after the RBI MPC meet. According to HDFC’s official website, the lender has reduced its interest rates by 25 basis points. Now the interest rate for savings…
[ad_1] It was a chaotic week for markets as Trump’s tariff whipsaw sent US equities on a volatile ride and investors fled traditional safe-haven assets, escalating concerns over the stability of the US economy. Risk-off investments aggressively sold off, with long-term Treasurys logging their biggest upside swing since 1982 while the US dollar sharply weakened against foreign currencies. It’s an unusual development as concerns over stagflation, where growth stalls, inflation persists, and unemployment rises, have kept Wall Street on edge that shifting trade dynamics could induce a self-inflicted recession. In that scenario, investors would typically flock to safe havens like…
[ad_1] Image source: Getty Images Investing in a mix of US and UK shares with a long-term outlook can be a road to a luxurious retirement. By sticking to a plan and dedicating a sizable amount of income each month, it’s possible to bring in considerable returns — and achieve generational wealth. I know it’s an overused phrase but it’s worth repeating: the sooner one starts, the better. The miracle of compounding returns means there can be a huge difference between 20 years and 30 years. The snowball effect means the returns grow exponentially, with each extra year resulting in…
[ad_1] Image source: Getty Images Last week saw the dawn of another tax year and with it, for many investors, a brand new ISA allowance. A lot of attention gets paid to the £20,000 maximum annual contribution many people can make to an ISA. But of course not everyone has a spare £20k lying around – or anything near it. The good news is that that is just a maximum. It is possible to start investing in an ISA with far less. Please note that tax treatment depends on the individual circumstances of each client and may be subject to…
[ad_1] A biogas digester doubles as a trampoline for children at a small-sized dairy farm, about 100 km south of Chennai. The digester, made by Mexican company Sistema.bio and priced ₹40,000, produces 2 cubic metres of gas daily, using cow dung as feedstock. Biogas digesters are sought-after by companies seeking carbon credits | Photo Credit: M Ramesh A few years ago, a cookstove mania seized the world. Companies mushroomed everywhere to venture into what was seen as a lucrative business — namely manufacture “fuel-efficient” cookstoves, distribute them to rural folk free of cost and collect carbon credits for the fuel…
[ad_1] Stocks ended the week higher after a turbulent week of fresh tariff headlines driving the market action. But even after the S&P 500’s (^GSPC) best week in over a year, the benchmark index is still down 6% since President Trump’s April 2 tariff announcement. Meanwhile the Nasdaq Composite (^IXIC) and Dow Jones Industrial Average (^DJI) are off roughly 5% in the same period. In the week ahead, any incremental news on tariffs will be in focus. On Saturday news of exemptions on tariffs to China spread. Key products such as smartphones, laptop computers, hard drives and computer processors and…