West country journey

Charles Li, CEO of Hong Kong Exchanges and Clearing Limited, speaks at the Sandler O'Neill + Partners Global Exchange and Brokerage Conference in New York - A + A HONG KONG (June 27): In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role in the global financial system. Twenty-five years later, Hong Kong has so far retained its status as a financial hub, and some of the city's top executives are banking on a bright future as the territory remains a crucial springboard for investment into mainland China. Charles Li, former chief executive of bourse operator Hong Kong Exchanges and Clearing (HKEX) and founder of microfinance platform Micro Connect, said that although he believes the next 25 years will be "very different", he's optimistic. "I'm convinced that the overall prosperity of Hong Kong will remain as strong as before because Hong Kong retains its value to both … [Read more...] about Hong Kong’s top finance executives bank on city to thrive as gateway to China

Telfs-Buchen, Austria (CNN) Ukrainian President Volodymyr Zelensky told G7 leaders during a virtual meeting Monday that he wants the war in Ukraine to end by the end of 2022, according to a source familiar with his remarks , as leaders worked to starve Russia of its oil revenues and mitigate the economic fallout of the conflict. The dual missions -- sustain support for Ukraine while easing economic pressures at home -- have defined this year's summit of leading democracies, held high in the Bavarian Alps. While largely united, the leaders are all facing their own political imperatives to see a momentum shift in the fighting and bring an end to the conflict quickly. To that end, leaders were nearing an agreement to try capping the price of Russian oil, depriving the country of revenues that have soared amid the global spike in energy prices. Details were still being ironed out, including whether the top buyers of Russian oil would agree to the limits, but US officials … [Read more...] about G7 leaders work to ‘starve’ Russia of oil money as Zelensky says he wants the war over by the end of the year

FILE PHOTO: A smoke rises over remains of a building destroyed by a military strike, as Russia’s attack on Ukraine continues, in Lysychansk, Luhansk region, Ukraine June 17, 2022. REUTERS/Oleksandr Ratushniak KYIV — Ukrainian President Volodymyr Zelensky on Monday urged Western leaders to supply anti-aircraft defense systems to his embattled nation as Russian forces assaulted Lysychansk, the last big city still held by Ukrainian troops in eastern Luhansk province. Addressing the Group of Seven summit in the Bavarian Alps via video link, Zelensky also asked for help to export grain from Ukraine and for more sanctions on Russia, a European official said. As the leaders met, Russian forces were bombarding Lysychansk, the Kremlin’s immediate battlefield target following the fall of neighboring Severodonetsk over the weekend. Luhansk governor Serhiy Gaidai said the city was suffering “catastrophic” damage from the shelling and he urged civilians to urgently evacuate. “The … [Read more...] about Ukraine pleads for air defense as Russia turns sights on Lysychansk

Share to Twitter Share to Linkedin Topline The leaders of the Group of Seven advanced economies will commit to provide Ukraine military and financial aid in its war against Russia “for as long as it takes,” according to a draft declaration seen by Bloomberg from the group’s summit in Germany, which could allay concerns in Kyiv that some European countries would like to push Ukraine to negotiate a settlement to the war in the near term. Key Facts The countries are set to pledge to continue providing financial, humanitarian, military and diplomatic support to Ukraine as it fights off the Russian invasion that began in February. The G-7 aso committed to addressing the “ international impacts of Russia’s aggression,” especially on what it called “the most vulnerable,” according to Bloomberg.The draft indicates the G-7 leaders are also mulling using tariff revenue to help fund their support of Ukraine, according to the outlet. Big Number … [Read more...] about G-7 Reportedly To Commit To Supporting Ukraine ‘As Long As It Takes’

This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A THE momentum to adopt environmental, social and governance (ESG) criteria and sustainability practices in the capital market has picked up significantly in the past few years. By the third quarter of 2021, assets in global sustainable funds hit a record high, according to investment research firm Morningstar. At the same time, more than 70 countries — including the biggest polluters — have set a net-zero target and over 1,200 companies have put in place science-based targets to reach net-zero emissions, according to the United Nations. In Malaysia, at least 44 out of the 54 Sustainable and Responsible Investment (SRI) funds approved by Securities Commission Malaysia were launched in the last two years. As at December 2021, 94% of the top 50 listed companies in Malaysia had ESG strategies and 68% had emissions reduction policies, according to PwC’s research. … [Read more...] about HONOURING MALAYSIA’S BEST PERFORMERS IN ESG EXCELLENCE: The Edge to roll out Malaysia’s first ESG awards

A while back, we wrote about the Bigshot camera , a panoramic, 3-D capable camera kit by Columbia University professor Shree Nayar. Now, Bigshot is on the market. advertisement advertisement “We live in an age where software rules,” Nayar tells Co.Design. “That’s a good thing from my perspective. On the other hand, I’m a firm believer that we want the next generation to know how to build the stuff that software sits on top of.” Conscious that the prize of a camera itself could bribe kids into building one, Nayar carefully crafted the Bigshot to focus just as much on the educational journey as the entertaining destination. “I’ve put in things that I could use as an excuse for describing concepts,” he tells Co.Design, like a hand-cranked power generator and the dynamo cover, which can explain electro-magnetics. “I’m using the camera as a draw, as a hook, as a bait.” By trade, Nayar isn’t a designer. (The professor concentrates on the science of … [Read more...] about The Best Camera For A Child May Be One They Have To Build

A flood-affected man carrying a luggage wades through a flooded road as he moves to a safer place after heavy rains in Nagaon district, Assam, India, June 21, 2022. - A + A (June 27): India’s flood-hit areas are forecast to receive heavy rains this week, with 532 people losing their lives so far across the nation during the monsoon season and hundreds of thousands staying in temporary relief camps. The northeastern state of Assam has been among the worst-hit regions, with rains affecting 2.5 million people, destroying homes and infrastructure, and delaying sowing of crops such as rice. Drowning and landslides have killed 121 people in the state alone since April 6, according to a home ministry bulletin. Monsoon rains cause the death of hundreds of people in India every year, but the rainy season has been particularly devastating for the hilly states of Assam and Himachal Pradesh this year. About 233,000 people are still in relief camps, with over two dozen teams … [Read more...] about Flood-hit Indian states brace for more monsoon rains, 532 killed

Beatles founder member, British singer-songwriter Paul McCartney plays the Pyramid Stage at the Glastonbury festival near the village of Pilton in Somerset, Southwest England, on June 25, 2022. Image: AFP/Andy Buchanan United States rapper Kendrick Lamar will bring the curtain down on Britain’s Glastonbury Festival on Sunday (Monday in Philippine time), after Paul McCartney ran through a set of Beatles classics, helped out by Bruce Springsteen and Dave Grohl. McCartney, who turned 80 last week, on Saturday became the oldest main stage headliner of all time, and was joined by Springsteen for “I Wanna Be Your Man,” while former Nirvana man Grohl came on for “I Saw Her Standing There.” The 100,000 strong crowd at the dairy farm in south west England serenaded McCartney onto the stage with “Happy Birthday,” and were treated to timeless classics including “Can’t Buy Me Love,” “Love Me Do,” “Blackbird,” “Helter Skelter,” “Let It Be” and “Hey Jude.” The Sunday Telegraph called it … [Read more...] about Paul McCartney rolls back years as Glastonbury enters final day