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The US tax code has become a complex system of credits and deductions costing $2.3 trillion a year. Bloomberg Opinion columnist Kathryn Anne Edwards why Congress may need to rethink those tax breaks to address America’s debt problem. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Hong Kong commercial banks continue to offer incentives to attract mainland visitors during the first golden week after Beijing tightened cross-border investment rules and enforced the collection of a 20 per cent levy on overseas investment or insurance gains.
Wichtige Konjunkturdaten verhelfen den US-Börsen zu einer positiven Trendwende. Die Zinserwartungen bleiben dennoch konstant: Anleger rechnen mit einem weiteren Zinsschritt der Fed.
Key PointsAI data centers' demand for high bandwidth memory is reshaping Micron's traditionally cyclical business into a more durable growth story.
Key PointsAST SpaceMobile is advancing a groundbreaking satellite-to-phone network with support from massive global telecommunications partners.
The government extended the Remission of Duties and Taxes on Exported Products scheme until December 31, 2026. This extension ensures that exporters receive continued refunds for eligible duties and taxes incurred during production. The existing rates and caps for the scheme remain unchanged during this period.
