Mining giant could write down as much as 7 million when it releases results tomorrow. And chinese regulators clamp down on everbright securities after causing a market spike on friday and admitting human error in a false bond trade this morning. Announcer youre watching Worldwide Exchange. Bringing you Business News from around the globe. Sticking with the everbright story, we just got flashes out saying that China Everbright securities is planning to sell assets, raise money through various channels to cope with the fund shortfall. This is according to an executive of the firm. Remember that everbrights trading arm has been suspended after the trading glitches on friday. And again this morning, chinas everbright securities saying that human error caused the mistake in the bond trade on monday morning. So tough times for everbright securities out in china. Again it has said it wants to sell assets or has to sell assets to raise money through various channels to cope with the fund short
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ESG has caught an increasing amount of flak lately over whether it actually lives up to its billing as delivering better sustainability outcomes. Some of its critics are missing the point, say members of the investment community.