Intergovernmental organisation Global Green Growth Institute (GGGI) has opened two calls of interest for new carbon projects in Côte d’Ivoire and Nepal… Source link
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Sustainability intelligence company EcoVadis has made a carbon credits purchase from biochar producer Euthenia via the Supercritical marketplace. The company made this move motivated by the approaching 2030 climate deadlines in a reality where carbon dioxide removal (CDR) demand is expected to increase, while the demand remains limited and slowly becomes scarce.Acknowledging the critical importance of complementing emissions reductions with CDR in order to meet global climate targets on time, EcoVadis decided to act now and secure high-quality, cost-competitive carbon removal credits, avoiding future quantity limitations and potential price spikes. Nicole Sherwin, Chief Impact Officer at EcoVadis, explained, “While deeply committed to…
Author: Lin Bo-yu Market April 09, 2025 Singapore and Chile Ink carbon credit deal to enable future offsets. (Photo: Ministry of Trade & Industry of Singapore) Singapore is steadily expanding its network of carbon credit trading partners, having signed cooperation agreements with both Peru and Chile within a week. These efforts aim to diversify the country’s carbon offset sources and increase access to high-quality carbon credits, reducing market uncertainty. The government also plans to launch a new round of international carbon credit procurement tenders by the end of the year. Carbon pact with Chile opens door to offshore wind investments Following…
China vows to ‘fight to the end’ on President Trump’s tariffsPresident Donald Trump threatened China with more tariffs after they put a 34% tariff on U.S. imports.April 9 (Reuters) – U.S. stock index futures struggled on Wednesday after a heavy sell-off in the previous session, as President Donald Trump’s reciprocal tariff took effect, deepening worries about their damage to the global economy.As hopes of concessions faded and tariffs on dozens of countries, including a massive 104% duties on Chinese goods, came into force, investors accelerated their exit from stocks and industrial commodities.Prospects of tariff deals had lifted U.S. equities on…
A for-sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024.Steve Pfost | Newsday | Getty ImagesVolatility in financial markets caused a sharp drop in mortgage interest rates last week, which resulted in a big spike in mortgage demand.Total mortgage application volume jumped 20% last week compared with the previous week to the highest level since September 2024, according to the Mortgage Bankers Association’s seasonally adjusted index.The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.61% from 6.70%, with points increasing to 0.63 from 0.62,…
Image source: Rolls-Royce plc During the week ended 4 April, of all UK stocks, Rolls-Royce (LSE:RR.) shares were the post popular among users of the Hargreaves Lansdown trading platform. Of the number of orders that were placed to buy shares, 2.38% were for the British engineering-cum-technology group. The value of these trades was 3% of all funds invested. It’s not known when these deals were placed. But I suspect the majority of them were at the end of the week, when the stock suffered heavy losses as investors struggled to come to terms with the implications of President Trump’s tariffs.…
The global steel market, worth an estimated $1.47 trillion in 2024, is expected to grow at a compound annual growth rate (CAGR) of 4.6% between 2025 and 2030. This growth is attributable to various factors, including urbanization, population growth, advances in the automotive and aerospace industries, and the rapid expansion of the renewable energy sector. After all, steel is essential in everything from washing machines and surgical scalpels to airplanes and skyscrapers, making it the most commonly used metal on the planet. Steel manufacturers, however, are affected by a wide range of global issues, from supply chain disruptions and fluctuating…
Image source: Getty Images A lot of people start investing when the stock market is already riding high, hoping that it can keep moving higher and they will build wealth. But that can risk buying shares that are already overpriced. By contrast, I think a stock market slump can be a good time to start investing, as some high-quality shares may be available at what later turn out to be bargain prices. That can take nerves, as although a share may have tumbled in price already, it can keep falling further. But as a believer in long-term investing, I reckon…
Image source: Getty Images What a week it’s been for investors. Over five days, the FTSE 100 is down 8.4%, while the FTSE 250 dropped 6.3%. This leaves both indexes down over one year, by 0.4% and 7.6%, respectively. Notably, the FTSE 100 has outperformed the FTSE 250 for some time. Over five years, the Footsie has risen 35.4%, while the mid-cap index has gained 11.8%. Furthermore, Footsie firms pay much higher dividends than mid-caps, with the blue chips’ cash yield nearing 4% a year. As a long-term value/income investor, I often scour the blue-chip index for undervalued stocks. I…
Image source: Aston Martin Aston Martin (LSE: AML) seems to have a lot going for it. Its sleek cars sell for a high price thanks to a well-heeled customer base. The same however, cannot be said of its shares. The Aston Martin share price has tumbled 44% so far in 2025 and 88% over the past five years. Selling for pennies, could this be a recovery play that deserves a place in my portfolio? The problem with Aston Martin shares For now, at least, my answer is a firm no. The share price fall reflects a number of problems faced…