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Finance & Markets

Emerging-Market Stocks Fall as Warsh Stokes Fed Rate-Hike Bets

Emerging-market equities and currencies declined as investors weighed the prospect of higher US interest rates following hawkish comments from Federal Reserve Chair Kevin Warsh.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Samsung, SK hynix Pay 11.2 Trillion Won in Corporate Taxes

Samsung Electronics and SK hynix paid more than 11 trillion won ($8 billion) in corporate taxes in the first half of this year, underscoring their growing contribution to government tax revenue as a…

  • Samsung and SK hynix paid over 11 trillion won in corporate taxes in H1 2023.
  • Samsung paid 3.99 trillion won, SK hynix paid 7.22 trillion won.
  • Combined earnings surged sixfold to ninefold, potentially increasing taxes to over 100 trillion won.

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