Bankers Doing Bond Deals Caught Out by New Era of Issuer Clauses
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Message to bond underwriters: Some big customers are sizing up your ESG credentials.
Joe Biden’s allies are racing to blunt the presidential campaign of Robert F. Kennedy Jr., casting his third-party effort as a stalking-horse bid designed to boost Donald Trump’s chances — even as his wide-ranging policy positions make him a threat to both.
Chengdu, a major city in the southwest China, removed home-buying curbs, joining dozens of peers in the country in an attempt to revive real estate demand and boost economic growth.
China Vanke Co. made a rare response to Moody’s downgrade last week, citing support from financial institutions and its biggest shareholder.
Billionaires who built their fortunes rolling out wireless networks when debt cost almost nothing are seeing their wealth crimped by higher borrowing costs and caution among money managers on the outlook for the industry.
Aug 14, 2018
Bloomberg News
,Vienna has ended Melbourne’s seven-year reign as the world’s most liveable city, according to the Economist Intelligence Unit.
The Austrian capital scored a near perfect score of 99.1 out of 100 in the index, whose criteria include stability, healthcare and the environment. Cities in Australia and Canada took six of the top 10 spots, with the U.S. again missing out.
Big financial centres such as London (48th) and New York (57th) suffer from their own success, according to the EIU, with overstretched public transport, higher levels of crime and congestion denting their appeal. Hong Kong (35th) just edged out its local rival Singapore (37th) on the index after improving on stability scores.
Elsewhere in Asia, Osaka (3rd) and Tokyo (7th equal) both climbed the rankings to their highest position in more than a decade on consistent declines in crime rates and improvements in public transport. Most of the best-performing spots are mid-sized cities in wealthier countries with relatively low population density.
Honolulu is the topped ranked U.S. city in 23rd place, followed by Pittsburgh in 32nd.
At the bottom end of the table of 140 cities, the lowest-scoring is war-torn Damascus. Those suffering from inadequate infrastructure such as Harare, or in the case of Dhaka, severe pollution, also fare badly.