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Japanese firm to sell bonds with coupons linked to green goals

Bloomberg A Japanese real estate developer is planning to sell a bond whose coupon increases if it misses environmental targets, in the first issuance of its kind in the nation. Hulic Co plans to offer 10 billion yen ($94 million) of 10-year so-called sustainability-linked bonds in October, according to a filing on Tuesday. If the company isn’t able to meet ...

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China likely to skip winter LNG feast

Bloomberg Don’t expect an LNG buying binge ahead of winter from the world’s fastest growing consumer of the fuel. China will likely pull back on spot purchases of liquefied natural gas (LNG) before the peak demand season as a flurry of earlier bargain buying nearly maxed out storage space. “There is a big question about whether demand will recover enough ...

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Trump’s convention will be all about Democrats

President Donald Trump is in much worse political shape as the Republican convention begins than he was at the start of the year. He was unpopular even then. At the end of January, he was about five points behind Joe Biden in national polls, which also showed that a small majority of the country disapproved of his job performance. But ...

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