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Hong Kong keeps base rate steady at 5.75% as Fed holds fire before holidays in 2023's final meeting

The Hong Kong Monetary Authority kept its key interest rate unchanged in lockstep with the Federal Reserve, sparing businesses and homeowners from higher borrowing costs while the economy regains strength. ....

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Vedanta Resources: VRL begins process to rejig $3.8-billion bond repayments

As part of the plan, Vedanta Resources is to pledge 13% of its stake in Vedanta Ltd (VDL) to secure a $1.25 billion financing package from a group of lenders led by Standard Chartered Bank and New York-based Cerberus Capital Management to help avert a default on $1 billion of bonds that are due in January, according to people familiar with the matter. ....

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Will declaration on fossil fuels at COP28 climate talks lead to action? Consider five previous decisions

History may provide some insight into the question of whether countries will keep their word and move away from planet-warming fossil fuels and toward more green energies ....

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African Development Bank and Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Partner to support financing of ESG Projects in Côte d'Ivoire with EUR 194 million insurance support -December 13, 2023 at 11:48 am EST

The African Development Bank Group and The Islamic Corporation for the Insurance of Investment and Export Credit , a multilateral credit and political risk insurer and a member of the IsDB Group,. ....

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5 big promises made at annual UN climate talks and what has happened since – Winnipeg Free Press

Breaking News, Sports, Manitoba, Canada ....

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