Finance

Backing Serbian coal, China undermines pledge to fight climate change

A Serbian environmental NGO, the Renewables and Environmental Regulatory Institute (RERI), took legal action against the national electricity company EPS in January for exposing Serbs to toxic emissions from coal-fired power stations. “Our thermal power stations are among the largest emitters of sulfur dioxide in Europe. In 2018 and 2019, …

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ABCs and Westpac loan flows move ahead of their peers

CBA and Westpac have reported a larger increase in their mortgage books compared to their peers, while NAB has seen its investor portfolio shrink, the latest APRA data has revealed. The Australian Prudential Regulation Authority (APRA) released its latest monthly Authorized Depository Institutions (MADIS) statistics for February 2021, which show …

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