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Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
At COP29 in Baku, countries are struggling to secure up to $1 trillion in annual climate finance for vulnerable nations, amid rising geopolitical tensions. Argentina's withdrawal from the talks has raised concerns about its credibility in future climate negotiations, while developed nations remain hesitant to commit significant funds. The urgency for a new finance target is underscored by the expiration of the previous $100 billion goal, with calls for increased contributions from multilateral development banks and the private sector.
Michel Barnier delivered a robust policy speech to the French National Assembly, emphasizing the urgent need to restore public finances and tackle the nation's significant debt. He outlined five key priorities: standard of living, public services, security, immigration, and fraternity, with a commitment to reduce the deficit to 5% of GDP by 2025 and below 3% by 2029. Key measures include a 2% increase in the minimum wage starting November 1 and the resumption of the farm bill.
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Morgan Stanley announces management changes for China A Share Fund
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13:46 24.03.2025
geopolitical tensions disrupt climate finance talks at cop29 in baku
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00:34 16.11.2024
Michel Barnier outlines priorities for public finances and social issues in speech
09:00 01.10.2024
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