Finance

Financial risks of climate change overplayed

Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, said a senior HSBC banker in charge of sustainable...

Outspoken market analyst’s Chinese social media accounts suspended

The Chinese social media accounts of an outspoken Hong Kong-based market strategist were suspended after a series of downbeat commentaries and a slump in...

Visa allays slowdown fears as strong consumer spending lifts quarter

Visa Inc said that it expects revenue to accelerate past pre-pandemic levels, reassuring investors of a sustained recovery against the backdrop of challenging macroeconomic conditions...

Blackrock plans first China ETF product this year

BlackRock Inc plans to launch its first product in China's $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring staff...

Nexo and mastercard launch crypto-backed payment card

Crypto lender Nexo said that it has teamed up with global payments company Mastercard to launch on what it calls the world's first crypto-backed payment...

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