Explore how Asia is poised to lead in transition finance, potentially surpassing Europe and the US, as highlighted by Allianz Global Investors. Meanwhile, New Zealand faces a pivotal moment with the resignation of its central bank governor, Adrian Orr, known for his bold and unconventional policies. Plus, delve into Ally Financial's strategic sale of low-yielding securities to enhance profitability, and the creeping recession risks impacting global markets. This episode offers a comprehensive look at the evolving...
Explore how Asia is poised to lead in transition finance, potentially surpassing Europe and the US, as highlighted by Allianz Global Investors. Meanwhile, New Zealand faces a pivotal moment with the resignation of its central bank governor, Adrian Orr, known for his bold and unconventional policies. Plus, delve into Ally Financial's strategic sale of low-yielding securities to enhance profitability, and the creeping recession risks impacting global markets. This episode offers a comprehensive look at the evolving financial landscape and its implications for investors and policymakers.
Sources:
https://www.scmp.com/business/article/3301135/asia-drivers-seat-lead-transition-finance-allianzgi-says
https://ca.finance.yahoo.com/news/zealand-central-bank-governor-orr-054953531.html
https://finance.yahoo.com/news/ally-financial-sells-2-8-225242966.html
https://finance.yahoo.com/news/analysis-whisper-back-recession-risk-051737481.html
Outline:
(00:00:00) Introduction
(00:00:42) Asia has potential to drive transition finance to match Europe, AllianzGI says
(00:04:40) New Zealand central bank governor Orr quits with reputation as a maverick
(00:08:04) Ally Financial sells $2.8 billion of low-yielding securities to bolster balance sheet
(00:11:21) Analysis-Whisper it and it's back: Recession risk creeps onto markets' radar
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