Thailand’s revenue department plans to increase its tax collections and its working committee is looking into blocking tax loopholes that are exploited by tech firms. Internet and tech companies based in Thailand could potentially face increased scrutiny as the country… Read More ›
Economy & Finance
Majority of UK CEOs to either move their HQ or their operations out of Britain
EU business associations and companies agree that the only way Britain can continue to benefit from EU’s single market if it were to continue to follow its rules. Going by the results of a survey that was published on Sept…. Read More ›
For the $37 Billion Stock Sifter, Apple Is Now Boring Enough to Buy
The losing steam of Apple Inc. stocks has only made them a bargain. According to Robert Naess, who oversees 33 billion euros ($37 billion) in stocks at Nordea Bank, Scandinavia’s largest bank, the stocks of the iPhone maker is cheap… Read More ›
Amid iPhone Sales Concerns, Apple Shares Fall 2%
11 points off the Dow Jones industrial average was shaved after shares of Apple briefly dipped more than 2 percent in heavy afternoon trade on Friday. The Dow Jones was brought down as Apple is the third-greatest contributor to declines in the… Read More ›
Even After Saudis Offer Oil Cuts to Iran, OPEC Deal Remains Elusive
An agreement to boost prices could be drawing closer after Saudi Arabia signaled for the first time in two years that it’s willing to cut production even though OPEC members aren’t likely to reach a supply deal in Algiers next week…. Read More ›
New Index on Free Economies Places US on 16th Spot, Hong Kong, Singapore Tops List
As the United States languished in the middle of the pack of large economies, with relatively better growth and liberalization providing ballast to economies in Asia, the world’s largest economy just isn’t what it used to be, suggests a new… Read More ›
Indian ETF Makes First Debut in International Markets
The first Indian equity exchange-traded fund (ETF) ever to be listed outside its home country after Indian asset manager Zyfin Holdings listed it on the London Stock Exchange and Deutsche Boerse. Aiming to offer investor exposure to Indian equities by… Read More ›
Allianz says German Households Lost Over $200 Billion due to Over-caution
German insurance giant Allianz said that over the past four years, 200 billion euros ($223 billion) has been lost in investment income by German households due to their overcautious attitude. Rather than investing in shares or funds, Germans lost out by keeping… Read More ›
Ugliest Shoes in the US are a Billion Dollar Market
Ugly shoes are the new craze in America. Stretchy laminated sneakers and weird, fur-striped sandals are being sold by Zara. And celebrities and fashion editors are wearing clunky black-and-white Adidas slippers. Some mystifying, ultra-shaggy slip-ons were designed by Gucci. Awkward, curvey… Read More ›
Google gets more time to respond to EU’s 3 antitrust charges
The European Commission has granted Google more time to respond to its antitrust charges. If convicted Google will have to shell out $7.4 billion for each charge of up to 10% of its global turnover. The European Commission has informed… Read More ›