According to Goldman Sachs Group Inc. experts, the total amount of ESG-bonds issued by US firms will be half as low in 2023 as it was in the past. The analysis conducted by a group of Goldman analysts states that the situation in the U.S. differs from developments in Europe, where the issue of corporate securities linked to the execution of environmental, social policy, and corporate governance...

According to a Rystad Energy analysis, the world's currently producing gas fields won't be able to keep up with rising demand. This will necessitate a quick ramp-up of unconventional gas supplies like shale gas. The current rapid growth of unconventional gas production is a result of technology advancements and shorter project start-up and commissioning times.  The proportion of...

The Mortgage Bankers Association (MBA) declared that average 30-year mortgage rates in the United States reached their highest level since November 2000 during the week ending September 29, after increasing by 12 basis points from the week before. Last week, the average interest rate for 30-year home equity loans with maximum loan amounts of $726,200 was 7.53%. The rate has been growing four...

The International Aviation Transport Association (IATA) reports that global demand for aviation freight transportation climbed in August for the first time since February 2022. When compared to August of last year, the indicator in tonne-kilometers climbed by 1.5%. "The first year-over-year growth in 19 months is unquestionably welcome news," said IATA Director General Willie Walsh. "However,...

According to information from the worldwide interbank system SWIFT, the percentage of US dollar used in international settlements grew to 48.03% in August 2023 from 46.5% in July. This is the highest percentage in the five years that statistics have been kept. The percentage of the euro decreased from 24.42% in July to 23.2% in August. For the period that statistics for the global system were...

According to the State Statistics Office (SSO), the overall profits of China's major industrial firms dropped 11.7% from January to August 2023 to 4.656 trillion yuan ($637 billion). The SSO defines large businesses as those with yearly revenues of greater exceeding 20 million yuan. 11 out of the 41 industries, including oil refineries, coal, chemical, and metallurgy businesses, saw declines in...

In its annual industry report, the Swiss bank UBS Group AG expressed concern about the possibility of a "bubble" in the Zurich and Tokyo real estate markets. The value of residential real estate has decreased over the previous two years, both internationally and in some large cities in particular, as a result of weaker demand brought on by inflation and rising interest rates. According to the...

According to Valdis Dombrovskis, Executive Vice-President of the European Commission, the investigations are not just focused on Chinese brands. Tesla and other Western companies who import electric vehicles from China may be impacted by Brussels' investigation into electric vehicle subsidies, said Valdis Dombrovskis, EC Executive Vice-President, according to the Financial Times. In response to...

According to experts at Goldman Sachs, the inclusion of Indian government bonds in the important developing market government debt indices by JPMorgan Chase & Co. will result in a $ 40 billion increase in investor capital. Passive inflow will be around $30 billion and active inflow will be around $10 billion over the next 18 months. Indian government bonds are appealing because they offer...