Tag: financial news

The Global Reporting Initiative (GRI) announced the launch of its new Sustainability Taxonomy, offering a machine-readable version of its GRI standards, aimed at facilitating faster data collection and submission of sustainability disclosures, and enhanced interoperability with other sustainability reporting standards. GRI Sustainability Reporting Standards are one of the most commonly accepted global standards for sustainability…

Bloomberg Intelligence senior commodity strategist Mike McGlone has warned that Bitcoin’s (BTC) weakening performance relative to gold could be signaling deeper trouble for U.S. equities and broader risk assets. In his bearish outlook, McGlone pointed to the falling Bitcoin-to-gold ratio as a potential “canary in the coal mine.” He emphasized that the 33x level on…

Singapore, Singapore, June 23rd, 2025, Chainwire Polemos, a Web3 gaming infrastructure platform, started the official Token Generation Event (TGE) for the $PLMS utility token. The TGE began at 5:00 AM UTC on June 23rd, 2025, marking a step in the platform’s development to integrate blockchain technology within the gaming sector. Now available on MEXC and…

Recently, the cryptocurrency market has continued to be under pressure, and Bitcoin and altcoins are generally facing a sell-off. Factors such as geopolitical tensions and increased market uncertainty have led to low investor sentiment. In such a market, how to find a low-risk, stable return crypto asset allocation method? ETHRANSACTION cloud mining platform provides you…

Christine Idzelis Christine Idzelis is a markets reporter at MarketWatch and is based in New York. Adblock test (Why?)

This week in ESG news: EU’s EFRAG set to reduce CSRD sustainability reporting datapoints by 50%; Australia launches sustainable finance taxonomy; U.S. SEC drops anti-greenwashing rules for funds; EU Commission to withdraw anti-greenwashing regulations; Amazon buys sustainable fuel for cargo flights; Goldman Sachs launches new sustainable bond funds; IFRS launches sustainability reporting education course; France…

The European Commission revealed on Friday that it plans to withdraw the Green Claims Directive just days prior to trilogue negotiations to finalize the proposed rules aimed at protecting consumers from greenwashing claims about the environmental attributes of products and services, following objections from lawmakers that brought its ability to be adopted into doubt. Following…

Canadian institutional investor, Caisse de dépôt et placement du Québec (La Caisse, formerly CDPQ), announced a new sustainable investing target, aiming to reach $400 billion in “climate action” investments by the end of this decade. The pledge, unveiled as part of La Caisse’s 2025–2030 climate strategy, marks a major acceleration in the asset owner’s efforts…

Donald Trump’s immigration policy will damp the US’s annual potential growth rate © Getty Images Welcome back. Businesses and investors are sensitive to developments in Donald Trump’s tariff agenda. After all, as import duties directly affect profit margins and supply chains, their economic impact feels tangible and imminent. But there is another component of the…

Jay Powell, chair of the Federal Reserve. Traders in the futures market expect the Fed to lower borrowing costs twice this year, beginning in October © Kent Nishimura/Bloomberg The Federal Reserve’s favoured inflation metric is expected to show a slight tick uptick in price pressures in May, with an acceleration in both core and headline…