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31 May 2023

Reuters

Hong Kong stocks heading for bear market, yuan drops as China data misses

HONG KONG, May 31 (Reuters) – Hong Kong stocks fell more than 2% on Wednesday, just shy of bear market territory, spurred by disappointing Chinese factory data and...

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31 May 2023

CNBC

World’s biggest investment fund says firms mismanaging climate risk could face exclusion from next year

Norway’s sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country’s oil and gas sector. Norway’s $1.4 trillion...

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31 May 2023

CNBC

ECB’s de Guindos warns financial markets are vulnerable to a sharp sell-off

Christine Lagarde (R), President of the European Central Bank (ECB), and Vicepresident Luis de Guindos (L) Financial markets could face a sharp downturn in the event of any further shocks to the...

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31 May 2023

Reuters

Policy Watch: World dangerously lagging on plugging methane emissions

May 31 – The World Meteorological Organization (WMO) recently confirmed what many had feared. By 2027, average global temperature rise will be more than 1.5...

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31 May 2023

Reuters

Franklin Templeton to buy Putnam Investments from Great-West Lifeco

(Reuters) -Franklin Resources Inc, a global investment management firm that operates as Franklin Templeton, plans to acquire asset manager Putnam Investments from...

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