[ad_1] By Leika Kihara FUKUSHIMA (Reuters) -The Bank of Japan may need to raise interest rates “decisively” to address inflation risks even if uncertainties over U.S. tariffs persist, a hawkish member of its board said, highlighting the bank’s attention to growing price pressures. Board member Naoki Tamura said underlying inflation had been on track towards achieving the BOJ’s 2% target and rising at a slightly faster pace than expected until U.S. President Donald Trump’s April announcement of sweeping reciprocal tariffs. While the U.S. tariffs will weigh on Japan’s economy and prices for the time being, consumer inflation is likely to…
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[ad_1] Judges across the world are proving sceptical of companies’ attempts to offset their greenhouse gas emissions by buying carbon credits, a report has found.In an analysis of nearly 3,000 climate-related lawsuits filed around the world since 2015, the latest annual review of climate litigation by the London School of Economics found action against corporations in particular was “evolving”, with growing scrutiny of how companies plan to meet their stated climate commitments.Dozens of legal challenges over the past decade have raised arguments related to carbon credits, and many have been successful.Last month, Energy Australia acknowledged that carbon offsets did not…
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[ad_1] By Minh Huong Wed, June 25, 2025 | 9:09 am GMT+7 Many international partners and foreign corporations have expressed interest in purchasing large volumes of forest carbon credits from Vietnam, according to Vietnam’s Ministry of Agriculture and Environment. The ministry cited potential buyers like the Lowering Emissions by Accelerating Forest Finance (LEAF) Coalition, Amazon, and Italy’s energy giant Eni. It revealed the information in its interpretation of a draft decree regulating forest carbon sequestration and storage services, which is currently open for public feedback. Vietnam’s carbon market is scheduled to officially begin operation by 2029. Photo courtesy of Insurance…
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[ad_1] Federal Reserve Bank of Kansas City President Jeff Schmid said early Wednesday that the Fed should wait to see how tariffs and other policies impact the economy before adjusting interest rates, per Bloomberg. Key quotesWith all this uncertainty, the current posture of monetary policy, which has been characterized as ‘wait-and-see,’ is appropriate. The resilience of the economy gives us the time to observe how prices and the economy develop.“Certainly, with the inflation of the past couple of years still in people’s minds, I will be carefully watching the monthly price data for signs of broad-based price increases that might further challenge an already…
[ad_1] The Washington PostEven after Trump-Xi call, China’s rare-earth controls aren’t going awayChina views its rare earths as a national security issue, not a trade one, and that’s why Beijing is unlikely to loosen controls anytime soon, experts say..2 weeks ago [ad_2] Source link
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[ad_1] US stocks jump, Nasdaq 100 posts record closeRisk appetite is back as Middle East tensions look to be getting farther and farther away in the rearview mirror of your robotaxi.The Nasdaq 100 closed up 1.5% to hit a fresh closing high for the first time since February, the S&P 500 rose 1.1%, and the Russell 2000 gained 1.3% on the day.Uber leapt over 7%, helping lead gains, after the ride-hail giant announced a partnership with Waymo to offer autonomous rides in Atlanta. Occidental Petroleum and defense names Northrop Grumman and Lockheed Martin were among the decliners, each falling more…