Asian Development Bank returns to US dollar bond market with the pricing of a two-year global benchmark bond worth $2.25 billion and a seven-year global benchmark bond worth $1.5 billion

Remittances to the Asia Pacific region from citizens working abroad could grow 6.7% to $335 billion this year and 5.9% next year, after a 2% slump in 2020, the Asian Development Bank said

Bond yields rose, currencies weakened, and risk premiums edged up amid increased global inflation and the US Fed’s tighter policy

ADB and governments plan public-private buyout of coal plants. Plants to be shut over 15 years to allow switch to renewables, new jobs