Smart financing can multiply limited public funds to fight climate change, say investors targeting a financing gap and a major stumbling block for the world to agree a new climate deal.
Sharing the cost of fighting climate change is one of the main sticking points to agree a global
Banks who lent over $30 billion to Dubai World, the debt-laden state investment group, plan to appoint auditors KPMG to represent them in talks over recovering their money, the Independent on Sunday newspaper reported.
The number of U.S.-dollar millionaires in China is expected to nearly double in five years, luring private bankers eager to help them invest an expected combined wealth over $7.6 trillion by 2013, Boston Consulting Group said on Thursday.
Gold raced to a record high above $1,140 an ounce on Monday, gaining 2 percent as a weakened dollar boosted funds' risk appetite for investments across the board.
South Korea's National Pension Service (NPS) will sign an 800 million pounds ($1.33 billion) sale and leaseback deal next week for HSBC's European HQ in London, an official at the fund said on Friday
Asian stocks rose for a fourth day in a row on Wednesday as Chinese factory output jumped to a 19-month high in October, while the ailing U.S. dollar hovered near a 15-month low.
Britain's top two banks, HSBC and Barclays , signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first improvement for three years in losses on U.S. consumer credit.
Wall Street was set for a lower open on Tuesday after stocks hit a 13-month high in the previous session on expectations for prolonged low interest rates.
GDP Sustainable, Says Survey; Key Target Set at Yahoo; UK Banks See Bottom
Britain's top two banks, HSBC and Barclays, signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first drop in U.S. consumer finance impairments for three years.
Europe's biggest bank HSBC Holdings Plc said its underlying third-quarter profits were significantly ahead of a year ago and losses on U.S. consumer loans had shown their first fall in three years.
Europe's biggest bank HSBC Holdings said its underlying third quarter profits were significantly ahead of a year ago and said losses on U.S. consumer loans had shown their first fall in three years.
Kraft Foods Incsaid on Monday it secured a $9.2 billion senior unsecured term loan to help finance its $16.4 billion hostile takeover bid for Britain's Cadbury Plc.
The dollar weakened broadly on Monday, pushing the euro above $1.50, after a weekend G20 meeting and U.S. jobs data last week did little to alter the view that U.S. interest rates will stay low for some time.
News, details on corporate bond issues in the European markets on Thursday:
HSBC Holdings is preparing to boost its China presence about 20 percent next year, as it ramps up for an IPO in one of its fastest growing markets, a top company executive said.
Oil rose above $77 a barrel on Monday, recovering from the previous session's steep drop, after manufacturing data from China revived expectations economic recovery would generate extra fuel demand.
Oil rose toward $78 a barrel on Monday, recovering from the previous session's steep drop, after manufacturing data from China revived expectations economic recovery would generate extra fuel demand.
Oil rose above $78 a barrel on Monday, recovering from the previous session's steep drop, after manufacturing data from China revived expectations economic recovery would generate extra fuel demand.
Oil rose toward $78 a barrel on Monday, recovering from the previous session's drop, after manufacturing data from China revived expectations economic recovery would generate extra fuel demand.
Oil rose above $77 a barrel on Monday, retracing some of the previous session's drop, as manufacturing data from China helped to allay fears about the pace of the rebound in global energy demand.