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Japan’s trade agreement with the United States is fueling expectations that the Bank of Japan (BOJ) may raise interest rates later this year. Sources familiar with the central bank’s stance suggest the deal reduces uncertainty over U.S. trade policy, paving the way for a potential policy shift as early as October. While optimism is rising, officials remain cautious. The BOJ will closely monitor how U.S. tariffs impact Japan’s economy, which has been weakened by sluggish consumption, higher living costs, and fragile manufacturing output. Analysts expect upcoming data, including October’s “tankan” business survey, to be key in determining the timing of…

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The Washington PostTrump covets rare earth riches, but Greenland plans to mine its own businessInterest in Greenland’s minerals is soaring, driven in part by Trump, who has said the U.S. must “get” the island. But the rare earths will be hard to mine..9 hours ago Source link

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CHENNAI: Two years after the central government notified the Carbon Credit Trading Scheme, the state Environment, Climate Change and Forest department has decided to develop and monetise high-integrity carbon credits from nature-based solutions. As part of the pilot project, the carbon credit scheme will be implemented in Muthupet mangroves in Thiruvarur district through the Tamil Nadu Green Climate Company (TNGCC). The department will appoint an expert firm to develop and implement high-integrity carbon projects, maximise revenue and establish a scalable platform for future carbon projects. High-integrity carbon credits refer to a project that reduces emissions and has verifiable climate impacts.…

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(Bloomberg) — Bond investors enter a frenetic week comprising the latest Treasury view on quarterly debt sales, a Federal Reserve meeting, and plenty of data crowned by the July jobs report. Most Read from Bloomberg With four trading days left in July, the Treasuries market is on course for only its second negative month this year, as investors have reduced rate cut expectations and pushed yields higher across all maturities amid a string of resilient data reports. Traders price no prospect of a US rate shift this week, and continue to lean towards a quarter-point reduction at the Fed’s meeting…

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Financial ExpressIndia ramps up rare earth strategy; eyes Australia, Argentina, Brazil and Chile for supplies: ReportAmid rising global concerns over China’s dominance in rare earth magnets, India is ramping up efforts to diversify supply chains by exploring partnerships….1 month ago Source link

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Financial ExpressIndia ramps up rare earth strategy; eyes Australia, Argentina, Brazil and Chile for supplies: ReportAmid rising global concerns over China’s dominance in rare earth magnets, India is ramping up efforts to diversify supply chains by exploring partnerships….1 month ago Source link

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