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Finance & Markets

Market sell-off, tax scrutiny and growth: key figures shaping investor sentiment

As regional equities tumbled and hopes for investor stimulus faded, the Hang Seng Index fell to a seven-month low. Attention also remained focused on Beijing’s intensified scrutiny of offshore wealth and tax compliance. Macroeconomic data pointed to steady, if uneven, domestic momentum. Here are the core figures capturing market attention this week. Hong Kong stocks suffer steepest drop in 7…

Market sell-off, tax scrutiny and growth: key figures shaping investor sentiment

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Japan Weighs Gasoline Subsidy Cuts as Energy Costs Soar

The Japanese government may start reducing its financial support for retail gasoline prices from December as payments become difficult to sustain, Reuters has reported, citing unnamed sources from the…

  • Japan may reduce gasoline subsidies in December, costing billions monthly.
  • Subsidies aim to keep national average price at $1.09 per liter.
  • Government considers food tax cut in April to offset higher gasoline prices.

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