Morgan Stanley reaches 70% of $1 trn of low carbon ESG funding goal

Morgan Stanley (Photo: Bloomberg) By Alastair Marsh Morgan Stanley said it’s more than two thirds of the way towards achieving its target to finance $1 trillion of low carbon and sustainability investments by the end of the decade.   The Wall Street firm said in an ESG report this week that it… Continue reading Morgan Stanley reaches 70% of $1 trn of low carbon ESG funding goal

Morgan Stanley upgrades India’s rating to overweight, downgrades China

Morgan Stanley has upgraded India to overweight, four months after it was upgraded to equal weight from underweight on March 31. The brokerage firm believes that the country is just at the start of a long-wave boom, according to a report by CNBC-TV18. Morgan Stanley, in a note, highlighted that there are things… Continue reading Morgan Stanley upgrades India’s rating to overweight, downgrades China

Morgan Stanley cuts rating on China stocks, asks investors to take profits

By Jacob Gu and John Cheng   Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a rally spurred by government stimulus pledges to take profits.   Chinese assets have gotten a boost in recent days amid a slew of promises from Beijing to… Continue reading Morgan Stanley cuts rating on China stocks, asks investors to take profits