International

7 months ago | September 15, 2023

Number of crypto millionaires nudges 90 000

There are 425 million crypto users around the world, and of these 88 200 are reckoned to be crypto millionaires, ...

8 months ago | September 8, 2023

Climate change: Developed nations must honour pledges

Business Writer Developed economies must honour their commitments to developing nations towards climate finance, ...

‘Climate change eating away Africa’s economic progress’

NAIROBI, Kenya. — Climate change is “relentlessly eating away” at Africa’s economic progress and it’s time to have a ...

Heat pushing humans to the limit

Elderly people dying of dehydration, children born underweight, hundreds beset by heatstroke. That’s part of the toll ...

Funding of fossil fuels eclipses climate finance

Funding for polluting industries far outstrips support for climate change mitigation, a new report shows. Top banks are ...

‘China slowdown means it may never overtake US economy’

China is no longer set to eclipse the US as the world’s biggest economy soon, and it may never consistently pull ahead ...

Money laundering poses risk to financial sector stability

Cross-border financial crime is here to stay. While people everywhere enjoy the convenience of a globally connected ...

Debt crisis threatens to engulf China’s surviving developers

China’s housing crisis has engulfed the country’s private developers, producing record waves of defaults and leaving a ...

Higher-for-longer mantra starts to weigh on emerging-market debt

Emerging-market central banks are joining their developed peers in pushing back against expectations of a rapid switch ...

8 months ago | September 6, 2023

UAE to buy US$450 carbon credits from Zim

Business Writer The United Arab Emirates (UAE) has pledged to buy carbon credits worth US$450 million from the Africa ...

8 months ago | September 1, 2023

Carbon credit speculators could lose billions as offsets deemed ...

Carbon credit speculators could lose billions as scientific evidence shows many offsets they have bought have no ...

Trash to treasure: Indonesian firm turns plastic into bricks

Ovy Sabrina fights plastic waste in Indonesia by spreading noodle packets, coffee sachets, straws and other trash around ...

Increase investment in renewable energy, Africa urged

Business Reporter Africa must increase investment in developing its renewable energy and attract greater support from ...

BRICS is expanding, now what?

After much speculation over the possible expansion of the BRICS grouping, it has now admitted six new members. Three are ...

Asia, Africa bear brunt of pollution health burden

SINGAPORE. — Despite improvements in China, air pollution across the globe continues to pose the greatest external risk ...

World’s hottest stock evokes memories of a US$400bn crash

VinFast Auto is unprofitable, thinly traded and exciting individual investors as it rises faster than any other ...

As ESG moves, what does it mean for corporates’ supply chains?

In the global supply chain, suppliers have — not without reason — often been labelled as the weakest link in a company’s ...

Do we really want more of the same?

Much of our built environment has historically been designed for men, by men. Yes, progression has been made in more ...

Historic US$650bn liquidity boost continues to benefit global economy

In a world shaken by multiple shocks affecting many countries—pandemics, wars, food and energy crises, and climate ...

8 months ago | August 25, 2023

Global funds abandon China blue chips in US$9bn sell-off

Global investors have been shedding China’s blue-chip stocks in what’s been a record-selling streak, showing even the ...