Southeast Asia markets enter new trading week with optimism
Mood on world financial markets seems to correspond to progress of coronavirus pandemic
While western Europe or Northern America still seek solid ground, southeast Asia...
Concerns about world’s food supply chain are growing worldwide
Around one fifth of global population is currently isolated in a quarantine
In a reaction to this, governments come up with food supply restrictions. Yet,...
Economic stimulus will be costly
Bond interest rates are growing
Coronavirus pandemic has not begin to decline yet, but economically developed countries already discuss massive measures to support their economies
Bond...
Fed cut interest rates to zero
The American Central bank cut its benchmark interest rate to near zero in reaction to coronavirus pandemic
The US Federal Reserve cut its benchmark interest...
Carbon emissions drop at fastest rate in last 30 years
The volume of energy from coal plants fell by 3% last year, which lead to global carbon emissions drop by 2%
The decline represents the...
The Fed might cut interest rates to zero
On Tuesday, American Central bank cut its basic interest rates in 0,5 percentage point to avoid recession, yet it was not successful
Therefore, deeper rate...
South America’s biggest wind farm to grow in Chile
Wind project will be built in Chilean Atacama Desert
Electricity will be supplied in 3 years, and the plant will occupy 80km2.
Chilean energy company Colbun...
Jerome Powell suggests Fed is ready to intervene against recession
Federal Reserve Chairman Jerome Powell expressed his conviction that Fed is ready to fight next recession with massive easing of monetary policy
In testimony before...
Turkey’s regulator imposes tighter bank regulations
The Banking Regulation and Supervision Agency (BDDK) announced on Sunday that Turkey’s banks will be limited in cooperation with foreign currencies
Turkey’s regulator BDDK (Bankacılık...
Vietnam to import electricity from Laos
Vietnam’s electricity state-owned company EVN signed five new agreements with Laos to buy electricity starting from next year
Deals between state-owned EVN and two Laos’...
