LONDON, Oct 3 Reuters Geopolitical tensions and a weakening economy are driving hedge funds to consider alternatives to investing in China. Turmoil in China39;s property sector has rattled world markets and hurt the outlook for the world39;s No. 2 economy. Many U.S.based hedge fund investors have cut their exposure to Chinese companies, according to Goldman Sachs. Four […]

LONDON, Oct 3 Reuters The number of instances of greenwashing by banks and financial services companies around the world rose 70 in the past 12 months from the previous 12 months, a report on Tuesday showed. European financial institutions accounted for most instances and much of the greenwashing involved claims about fossil fuels. Environmental, social […]

NEW DELHI, Oct 3 Reuters The World Bank on Tuesday maintained its forecast for India39;s economic growth for the current fiscal year that started on April 1, saying the South Asian economy continued to grow rapidly despite challenging global conditions. The World Bank kept its growth forecast for India at 6.3, after it lowered it […]

ISTANBUL, Oct 3 Reuters Turkish annual consumer price inflation climbed to 61.53 in September, official data showed on Tuesday, just below expectations and rising for a third consecutive month in response to recent tax hikes and lira weakness. Monthonmonth, consumer price inflation was 4.75. In a Reuters poll, annual inflation was expected to rise to […]