The new tracker shows Malaysia to be the region’s hotspot for greenwash, with oil and gas major Petronas being flagged for making exaggerated or dubious green claims more than any other company.RimbaWatch, a Kuala Lumpur-based non-profit, said the Zero Greenwashing Alliance Guidelines and Database aims to discourage greenwashing and nudge companies to develop credible climate and environmental targets. The platform – which RimbaWatch hopes will be used by members of the public to report greenwashing – has identified 17 cases in Southeast Asia since the beginning of 2020.Among the cases listed, 12 occurred in Malaysia, four in Singapore and one in Brunei.The database is…
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Image source: Getty Images Passive income’s becoming increasingly focused on by some investors. I think this is partly due to ongoing concerns about the UK economy and job security. It also could be to do with the fact that we are an ageing country, so income into retirement’s on people’s mind. Whatever the case may be, using the stock market to build such a cash stream’s possible. Different avenues to take To make sizeable passive income from stocks, there are three main routes to go down. One is to buy growth stocks with the aim of getting large scale share…
HAMILTON, Bermuda, Jan. 21, 2025 /PRNewswire/ — Borr Drilling Limited (NYSE: BORR) plans to release its financial results for the fourth quarter 2024 after the close of the New York Stock Exchange on Wednesday 19 February, 2025. A conference call and webcast is scheduled for 15:00 CEST (9:00 AM New York Time) on Thursday 20 February, 2025 and participants are encouraged to dial in 10 minutes before the start of the call. The earnings report, webcast and accompanying presentation will be available from the Investor Relations section on www.borrdrilling.com. In order to listen to the presentation, you may also…
As volatility rattles global markets, investors are considering steps to protect their portfolios. While a stock market crash sounds scary, being prepared can potentially turn it into an opportunity. Here are three tried and tested methods of investing during a crash to make the most of it. Diversify effectively Diversification doesn’t just mean picking 10 or more varied stocks. To be truly diversified, I believe an investor should think about owning a mix of assets from different classes, sectors and regions. This helps to cushion the portfolio from a downturn in any one area. Ideally, it should include a mix…
President-elect Donald Trump will return to the White House today following his inauguration and he brings with him a new crypto. OFFICIAL TRUMP is the name of the crypto token launched by the incoming President on Friday and it trades under the TRUMP ticker. This was launched alongside a token created by Trump’s wife, Melania. TRUMP quickly caught crypto traders’ interest, sending the token’s value soaring over the weekend. The token is up 687.31% since its release and trades for roughly $51.26 as of this writing. That gives it a market cap of $10.25 billion, making it the 19th largest…
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES News Release Highlights:Strategic Acquisition of io.net (IO) Tokens: Alset AI has acquired 12,868 io.net (IO) tokens, gaining exposure to the world’s largest decentralized AI computing network, supporting the democratization of access to high-performance computing infrastructure and graphic processing units (GPUs).Diversification through (SOL) Investment: As part of its forward-thinking strategy, Alset AI acquired 185.2 Solana (SOL) tokens, showcasing confidence in decentralized technologies and expanding its financial positioning into the growing crypto market.The acquisitions…
Image source: Getty Images Making money from financial investments is the truest form of passive income there is, in my view. Passive income means earnings generated with minimal effort, such as with dividends from shares or interest from bonds. The only real effort involved is picking the right share or bond in the first place and then monitoring its progress periodically. Much excitement has been seen recently from a spike in UK government bond yields. Those yields have jumped to around 4.7% on the benchmark 10-year bond, known as the ‘risk-free rate’. As I have large holdings of these, I…
LONDON — European stocks opened in mixed territory on Tuesday, as traders reviewed the first executive orders that newly inaugurated U.S. President Donald Trump signed on Monday.The pan-European Stoxx 600 opened flat, while Germany’s DAX fell slightly after hitting a record high. While the FTSE 100 opened 0.05% higher, the Italy’s FTSE MIB and CAC 40 were both in negative territory at 8.15 a.m. London time.Orsted shares sunk by 15% after the company unveiled a fourth-quarter 12.1 billion Danish Krone ($1.7 billion) hit linked to its U.S. offshore wind turbine projects. Meanwhile, European automakers Stellantis and BMW moved lower on…
LONDON (Reuters) – Baillie Gifford U.S. Growth Trust, battling plans by U.S. activist Saba Capital to shake up its board, unveiled fresh data on Tuesday to show it had outperformed the S&P 500 Index in sterling terms in the six months to Nov. 30. In response to Saba’s allegations of consistent underperformance, Baillie Gifford said the company’s share price and net asset value returned 40.9% and 29.4% respectively over the period, after deducting borrowings at fair value. This compared with a total return of 15.3% for the S&P 500Index in sterling terms, it said, dismissing Saba’s proposals to place two…