Thursday, November 18, 2021

Reuters Global Investor: U.S. Social Security office reopenings bring opportunities - and some challenges

U.S. Social Security office reopenings bring opportunities - and some challenges

The Social Security Administration has announced plans to begin reopening its vast national network of field offices to the public in January following a 20-month COVID-19 shutdown. The reopening will give the agency a needed opportunity to improve public service, but also presents some thorny challenges.

Pandemic debt adds to challenge of funding world's climate goals

Huge spending by governments kept the world economy afloat during the pandemic as officials mobilized a fiscal response not seen since World War Two to bolster household incomes and give businesses a fighting chance to survive the health crisis.

Investors more bullish on yuan, short bets on Thai baht ease

Bullish bets on the Chinese yuan hit a more than five-month high despite risks from a slowing property sector, while the prospect of an economic rebound led investors to unwind bearish positions in Thailand's baht, a Reuters poll showed on Thursday.

China's embattled Huarong secures $6.5 bln investment

Chinese state-owned asset manager China Huarong Asset Management said on Wednesday it will receive fresh capital worth 42 billion yuan ($6.59 billion) from a state consortium led by Citic Group as part of a restructuring plan.

Two leading U.S. sustainable business groups merge

Two leading U.S. sustainable-business groups on Wednesday said they have merged to improve services and advocacy and to help members find better investment opportunities.

Perish the thought - stocks might fall :Mike Dolan

You almost have to re-read the small print for a reminder that stocks may ever fall again.

Wall Street sees first Fed climate change review in 2023

While the U.S. Federal Reserve trails other major central banks in tackling climate change, it's catching up on a critical front: figuring out if rising temperatures could topple a major bank or even the entire financial system.

BlackRock sees coal, oil power projects facing investment challenges

Coal and oil-fired power generation projects will find it difficult to secure investments, BlackRock Inc. Managing Director Eduard Ruijs said on Wednesday.

UN, other agencies aim to standardise measurement of environmental impacts

Major multilateral organisations will launch a new initiative next week aimed at developing a system of standards for companies, investors and financial institutions to measure their impact on global sustainability.

India could bar transactions in crypto, permit holding as assets - paper

India is likely to bar the use of cryptocurrencies for transactions or making payments, but allow them to be held as assets like gold, shares or bonds, the Economic Times reported on Wednesday.

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