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Asia stocks fall as global growth concerns mountHONG KONG : Asia stocks fell on Wednesday after weak economic data in China and Europe heightened concerns over global growth, while the dollar firmed as investors weighed the outlook for U.S. interest rates.MSCI's gauge of Asia Pacific stocks outside Japan was down 0.5 per cent at 0143GMT.Australi
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Global business activity showed signs of slowdown in August: PMIsLONDON: Global business activity largely slowed further last month as services firms struggled in the face of weak demand as rising prices and borrowing costs made indebted consumer rein in spending, a raft of surveys showed on Tuesday (Sep 5). In the euro zone, the picture was gloomier than initially thou
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UN chief says global finance system fragmenting; Myanmar crisis worsensUN Secretary-General Antonio Guterres called for a mechanism to provide relief for debt-strapped developing economies. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Zero-carbon fuels are crucial for the shipping industry to reach net-zero emissions: CEOCNA's Roland Lim talks to Lynn Loo, CEO of the Global Centre for Maritime Decarbonisation, at Gastech 2023 in Singapore. She argues that the shipping industry is currently trying out various ways to reduce greenhouse gas emissions and adopting different kinds of green fuels.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »