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MUFG

Gasoline margins jump
Markets

Gasoline margins jump

MANILA: Benchmark northwest European gasoline barge refining margins jumped on Thursday to over $19 a barrel as oil...
Published 15 Apr, 2022 05:29am
Mitsubishi UFJ pledges net zero emissions in finance portfolio by 2050
Business & Finance

Mitsubishi UFJ pledges net zero emissions in finance portfolio by 2050

  • "In order to lead the way to solutions for climate change, one of the most serious issues facing the world, we will further expand support for customers' efforts towards decarbonisation," the statement said.
  • The bank will also aim for carbon neutrality in its own operations by 2030, it said. The lender will provide annual updates on its progress toward the 2050 target.
Published 17 May, 2021 09:54pm
Sterling weakens against resurgent dollar
Markets

Sterling weakens against resurgent dollar

  • US Federal Reserve Chair Jerome Powell failed to soothe investor concerns about a recent surge in borrowing costs as he spoke at a Wall Street Journal forum on Thursday, pushing the safe-haven dollar higher.
  • Sterling fell to a three-week low against the dollar, briefly dropping below $1.38. It was last down 0.6% at $1.3810.
Published 05 Mar, 2021 09:49pm