April, 2021

• 1 April

  Vietnam authority seeks to resume international flights

  Bloomberg Vietnam’s aviation authority proposed a gradual resumption in international passenger flight arrivals starting in July, the agency said in a post on its website. The agency suggests allowing limited weekly flights between Vietnam and Japan, South Korea and Taiwan with passengers subject to virus tests and 15-day quarantines, according to the website, which cited the agency’s proposal to the …

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• 1 April

  StanChart to formalise hybrid working model for its UK staff

  

  Bloomberg Standard Chartered Plc will formalise a hybrid working model for most of its UK staff as it moves forward with a sweeping overhaul of its working practices in the wake of the pandemic. The lender is rolling out the program to its 85,000 staff globally after 84% of the first wave of workers asked to keep the flexible arrangements …

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• 1 April

  RBNZ to allow local lenders to resume dividend payments

  

  Bloomberg New Zealand’s central bank has eased restrictions on bank dividend payments, allowing them to distribute as much as 50% of net income to shareholders. The decision partially reverses steps the Reserve Bank took in April last year to provide more credit to the economy via the banking system. The remaining 50% limit will be lifted in July 2022 subject …

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• 1 April

  Deliveroo sinks 31% in setback to London effort to attract IPOs

  

  Bloomberg Deliveroo Holdings Plc shares plunged as much as 31%, the worst performance in decades for a big UK initial public offering, dealing a blow to London’s efforts to establish itself as a hub for technology listings in the wake of Brexit. The stock dropped 23% to 299.55 pence at 9:49 am in London after the 1.5 billion-pound ($2.1 billion) …

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• 1 April

  Yields gain as traders brace for Biden speech

  

  Bloomberg Treasury yields rise with commodities before US President Joe Biden unveils an economic plan including a $2 trillion infrastructure boost. Stocks were mixed as traders weighed inflation and the tax impact of the new plan. US index futures and European stocks were little changed after Asia’s equity benchmark posted a second-day decline. The dollar fluctuated between gains and losses, …

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March, 2021

• 31 March

  Oil falls with stronger dollar compounding virus risks

  

  Bloomberg Oil falls alongside a strengthening dollar as near-term risks to the demand recovery emerged ahead of a Opec+ meeting this week to decide on output policy. Futures in New York fall as much as 2.6%, with the Bloomberg Dollar Spot Index rising to the highest since November, thereby reducing the appeal of commodities priced in the currency. Weaker US …

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• 31 March

  China plans to make world’s biggest steel industry green

  

  Bloomberg China is strengthening efforts to clean up one of the dirtiest corners of its economy, and now plans for its mammoth steel industry to reach peak emissions within four years. The nation aims to hit peak carbon emissions before 2025, and reduce them by 30% by 2030, according to a WeChat post by the China Metallurgical Industry Planning and …

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• 31 March

  Taiwanese battery maker ProLogium weighs SPAC deal

  

  Bloomberg ProLogium Technology Co., the Taiwanese solid-state battery maker, is considering going public later this year, people with knowledge of the matter said. The company is holding talks with potential advisers about options including listing in the US through a merger with a special purpose acquisition company, according to the people, who asked not to be identified because the information …

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• 31 March

  Southeast Asia weighs benchmarks for $3trn green financing

  

  Bloomberg The Association of Southeast Asian Nations (Asean) is seeking to establish a framework for green investments in the region that could be worth as much as $3 trillion. The countries set up the Asean Taxonomy board this week, which will develop and maintain a set of categories and definitions to guide its members on sustainable economic activities, according to …

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• 31 March

  South Africa to cut carbon emissions

  Bloomberg South Africa, the world’s 12th biggest producer of greenhouse gases, has committed to improving its target for reducing its projected emissions of the pollutants by 17% in 2025. The environment ministry said in a presentation on Tuesday that it will, after consultation, present a revised so-called Nationally Determined Contribution to the United Nations Framework Convention on Climate Change. That …

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