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BUSINESS

The Zeronomics challenge

Asia focus, Published on 13/09/2021

» The transition to net zero carbon emissions is one of the biggest challenges facing our generation. The Paris Agreement -- intended to stave off the worst effects of climate change by keeping global warming below 2°C -- requires companies and economies to move at an unprecedented pace.

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WORLD

Europe tightens curbs with economic toll worsening: Virus update

Published on 17/03/2020

» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.