Recent Posts

Flying isn’t the worst offender for carbon emissions

Greta Thunberg, the 16-year-old Swedish clim-ate activist, recently ann- ounced that she will cross the Atlantic Ocean by boat to attend a United Nations global warming summit in New York. She does not believe in flying in airplanes, for the obvious reason that air travel is a contributor to the carbon emissions problem. I am here with a simple message: ...

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US futures rise with Europe stocks as China’s yuan gains

Bloomberg US equity futures rose alongside European stocks while Asian shares fell after China moved to stabilise its currency, helping ease some of the market turmoil that kicked off the week. The global sell-off in equities abated after China fixed its yuan exchange rate at stronger than 7 per dollar, a key level that when breached in markets fuelled the ...

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India stocks advance on Credit Suisse’s upgrade, Kashmir ‘special status’

Bloomberg Indian stocks rose after Credit Suisse AG upgraded the nation to overweight amid an escalating US-China trade war, while the government sought to cement its position by revoking seven decades of autonomy in the disputed Muslim-majority state of Kashmir. The S&P BSE Sensex gained 0.8 percent, its biggest increase in a month, to 36,976.85 at the close in Mumbai. ...

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