Tackling climate risk with existing, imperfect data
Regulators in Singapore develop a model for getting early insights on climate risk
- By: James Langton
- June 13, 2024 June 13, 2024
- 11:09
Regulators in Singapore develop a model for getting early insights on climate risk
Canada's biggest banks face criticism for not moving fast enough on climate targets
The four-week average of claims, which softens some of the week-to-week volatility, rose to 227,000
There was $1.76 in credit market debt for every dollar of household disposable income in Q1
Bonds, foreign equities and infrastructure offset weakness in real estate
Court asked to approve loan sale as part of receiver's ongoing efforts
Officials say there's been “modest further progress” toward the 2% inflation target
About 24% of people surveyed said there are substantial problems or even private market failures
The longer the Fed keeps borrowing costs high, the more it risks weakening the economy too much
Bets are now leaning toward a first cut in September in the U.S.
The move continues consolidation in the Canadian banking industry
The unpaid receivables owed to former investors could lead to penalties for holding non-qualified investments
Permanent insurance also has a host of other tax benefits
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales