Yantai-based Wanhua Chemical unveiled its comprehensive Environmental, Social, and Governance report in which the company promises to achieve peak carbon emissions before 2030 and strive to achieve carbon neutrality by 2048 in line with the Greenhouse …

And the flip side of floating rates is credit risk

British government is consulting business before responding to Washington’s new restrictions on US capital

China’s assertiveness has reinvigorated US-Japan ties

Italy joins wave of windfall taxes on banks across Europe

Pivot highlights dilemma law firms face as Beijing tightens anti-spying rules

Also in today’s newsletter, China’s economy falls into deflation and European gas prices jump on Australian supply fears

Biden cites security risk as he restricts American capital for companies linked to China’s military

Baidu, ByteDance, Tencent and Alibaba rush to acquire GPUs amid concern US will soon clamp down on their export

Also in this newsletter: Battling ‘deepfake’ songs, Uganda ostracised over LGBT+ crackdown, orange juice squeeze