Hong Kong Denies Tax Concessions to Proprietary Trading Firms
Hong Kong's new tax policy excludes proprietary trading firms from concessions on carried interest, potentially reshaping the region's financial landscape.
Hong Kong's new tax policy excludes proprietary trading firms from concessions on carried interest, potentially reshaping the region's financial landscape.
The IEA has reduced its 2026 oil supply forecast due to the ongoing closure of the Strait of Hormuz, raising concerns over global oil availability.
US core inflation showed subdued growth in July, potentially alleviating the Federal Reserve's need for further interest rate hikes in the near term.
Nicolai Tangen highlights that advancements in AI and robotics could enhance productivity and lead to deflationary trends within the next three years.
The July CPI report, released today, may influence Federal Reserve interest rate expectations, impacting financial markets and economic planning.
Cypherpunk Technologies achieved a $39 million net income in Q2, largely attributed to gains from Zcash, reflecting the volatility and potential of crypto
The S&P 500 yield reaches a historic low, with five index members offering yields of 6% or more, highlighting a significant market trend.
Investor Ron Baron has committed $25 billion to SpaceX, forecasting a potential valuation of $40 trillion in the next decade, signaling growth in the space
AvengerDAO introduces a security marketplace aimed at improving safety and collaboration within the BNB Chain ecosystem for developers and users.
US stock futures are rising as traders anticipate crucial inflation data, following a tech rally fueled by positive earnings related to AI developments.
The UK government is set to decide on production approvals for the Rosebank and Jackdaw fields as Scottish North Sea tax revenues fall, raising industry
Bitwise has announced a 14% reduction in its workforce as the ongoing slump in the cryptocurrency market impacts ETF issuers. This move reflects broader
Lovable has raised $400 million in Series C funding, achieving a $13.3 billion valuation as it aims to compete with Anthropic and SpaceX in the AI sector.
Harmony has traced over 10,000 transfers related to fraudulent tokens following a significant exploit, raising concerns about blockchain security
The Swiss government is considering mandatory bonus deferrals for bankers, a move that could impact global banking practices and enhance executive
PitchBook's Q2 data reveals that 87.5% of venture capital funding was directed towards AI, leaving minimal resources for other sectors.
Saudi Arabia's oil production increased by 1 million barrels in July, reflecting the ongoing Gulf ceasefire and its implications for global energy supply
Switzerland is advancing regulatory reforms to strengthen its banking sector in response to the Credit Suisse collapse, impacting global financial stability.
European stocks remain stable as investors brace for upcoming US inflation data and monitor geopolitical tensions that may impact monetary policy.
Pimco believes market concerns regarding the Federal Reserve's inflation management are exaggerated, indicating potential investment opportunities in Treasury