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China’s tax authorities announced on Tuesday the country would end the tax exemption for dividends earned by expatriates at foreign-funded firms, setting up a 20 per cent rate effective immediately. State news agency Xinhua said the change was intended for the “unification of the tax system”. More to follow...
We haven't written up this one. SCMP Business has the full story — the link below goes straight to it.
EUR/CAD continues its losing streak for the fourth successive day, trading around 1.6080 during the European hours on Tuesday.
Mainland stocks were largely unchanged on Tuesday, as gains in defensive sectors helped offset weakness in technology shares, with investors seeking safety amid a lack of catalysts.
The London stock market came under fresh pressure this morning after a trio of UK-listed firms announced plans to quit the City.
“I am frustrated and financially exhausted from continuing to invest my own money into these properties.”
“I am frustrated and financially exhausted from continuing to invest my own money into these properties.”
The US Dollar (USD) is up 0.15% to near 160.00 against the Japanese Yen (JPY) during the European trading session on Tuesday.
