China is considering taxing foreign investors for their share-trading profits going back to November when Beijing announced an exemption of such duties after the launch of the Shanghai-Hong Kong connect scheme, the stock regulator said on Friday. China’s two largest portfolio investment schemes for foreigners, known as the … Read entire story.
Wall Street JournalBullard Urges More Fed Communications to Satisfy Market CravingsBusinessweekThe Federal Reserve should move to a quarterly monetary report and a press conference after every meeting to enhance communication with financial markets, St. Louis Fed President James Bullard said. “Markets crave reassurance from the chair even if not …Bullard'…
By David Lawder WASHINGTON (Reuters) – Senator Bernie Sanders lashed out on Wednesday at widespread use of offshore tax havens by U.S. companies, and the liberal independent targeted a group that represents CEOs of big corporations and wants corporate taxes lowered. Sanders, top opposition member on the U.S. Senate …
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