DBS China has signed a memorandum of understanding with China-Singapore Suzhou Industrial Park Green Development Company ( CSSGD ) – a subsidiary of China-Singapore Suzhou Industrial Park Development Group ( CSSD ) – and Climate Impact X ( CIX ), to advance carbon credit trading in China and beyond. The understanding establishes a framework to explore and assess the demand for carbon credit or renewable energy certificate trading, as well as related services, in Suzhou Industrial Park ( SIP ), the first government-to-government project between Singapore and China. The partnership was formalized in conjunction with the 35th anniversary of China-Singapore…
Author: user
DC protests President Trump’s crime crackdown and troop deploymentProtesters in Washington, D.C., push back against President Donald Trump’s crime crackdown and troop deployment.Investors’ expectations about inflation and the Federal Reserve have boosted housing market activity slightly, but don’t expect any big improvements in the near future.During the week ending Aug. 14, the 30-year fixed-rate mortgage averaged 6.58% nationwide, Freddie Mac reported. That’s the lowest in 10 months. The 30-year-fixed moves in line with the 10-year U.S. Treasury yield, which has been lurching lower since mid-July.Bond yields – rates – fall when prices rise, and vice versa. As investors dial back…
Bitcoin price surged past $124,000 upon writing, setting a new all-time high. Analysts credit several factors: strong institutional buying, increased inflows into Bitcoin ETFs, favorable regulatory changes allowing crypto assets in 401(k) retirement accounts, and growing market optimism over expected Federal Reserve interest rate cuts. Source: AlphaFlipper The rally reflects both a recovery from previous market downturns and a renewed appetite for digital assets among mainstream investors. Ethereum, the second-largest cryptocurrency by market capitalization, is also on the rise. It is now approaching its all-time high of around $4,800, last seen in November 2021. Investor sentiment is rising because of…
Netflix (NFLX) shares rose about 3% on Thursday after the streamer announced it had doubled its overall ad commitments during this year’s US Upfront and finalized deals with all major holding companies and independent agencies. Amy Reinhard, president of Netflix advertising, said the results were in line with expectations, with brands eager to align with the platform’s upcoming slate, which includes the final season of “Stranger Things” and new seasons of “Bridgerton,” “Emily in Paris,” and “Nobody Wants This.” “We are committed to building a long-lasting ads business that not only drives impactful return on investment for our clients but…
By Fergal Smith TORONTO (Reuters) -The Canadian dollar weakened to a near two-week low against its U.S. counterpart on Thursday as a surprisingly large increase in U.S. wholesale prices tempered expectations for Federal Reserve interest rate cuts. The loonie was trading 0.4% lower at 1.3812 per U.S. dollar, or 72.40 U.S. cents, after touching its weakest intraday level since August 1 at 1.3819. U.S. producer prices increased by the most in three years in July amid a surge in the costs of goods and services, suggesting a broad pickup in inflation was imminent, posing a dilemma for the Federal Reserve.…
Tesla made over $11 billion by selling regulatory credits over the past decade. Its CEO, Elon Musk, called on the federal government to end all subsidies because doing so would “only help Tesla.” The government did end all subsidies, and also ended the fines that incentivized automaker to purchase credits from Tesla. Tesla CEO Elon Musk has personally supported the end of U.S. subsidies in the automotive sector. This was mainly a rebuke to those calling for the end of the EV subsidy by also calling for oil and gas subsidies to be scrubbed, but his preferred solution eventually morphed into…
MCLEAN, Va. (AP) — The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing power that could help inject life into a stagnant housing market. The long-term rate fell to 6.58% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.49%. Shop Top Mortgage Rates Powered by Money.com – Yahoo may earn commission from the links above. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also fell. The average rate…
Image source: Getty Images TruFin (LSE: TRU) was a 45p penny stock just a year ago. Today (14 August), it rose 16% to reach 115p — a 156% one-year return. I considered this one for my ISA in July 2024 but didn’t invest. I dare say whatever I bought instead has probably limped along in comparison. The five-year return is now 382%! Here, I’ll take a look at why investors have suddenly turned bullish, before deciding whether I should invest now. A three-pronged company TruFin, which went public in 2018, is an AIM-listed holding company with a £119m market cap.…
Image source: Getty Images The Tesco (LSE:TSCO) share price is up an impressive 23% over the past year, hitting fresh 52-week highs last month. At 414p, it’s understandable that some new investors might be questioning if it’s still a smart time to buy the stock, given the ride higher. By examining what leading analysts are expecting, it can help to build a more rounded picture. What the experts say There are 13 analysts that I can see who currently have a share price target for Tesco. The highest price is from Deutsche Bank, with a forecast of 470p for the…
AstuteAnalytica India Pvt. Ltd. Dominated by compliance mandates and high prices, the carbon credit market sees a major shift. Corporate demand is pivoting from avoidance to verifiable, high-cost carbon removal, driving investment in technology and nature-based project integrity. Chicago, Aug. 14, 2025 (GLOBE NEWSWIRE) — The global carbon credit market was valued at US$ 1,142.40 billion in 2024 and is expected to reach US$ 4,983.7 billion by 2035, growing at a CAGR of 18% during the forecast period 2025–2035. The narrative of the carbon credit market is one of explosive growth and increasing sophistication. The market’s foundational metrics underscore a sector moving…