US President-elect Donald Trump's social media post threatened a sharp tariff hike on the US's three largest trading partners, Mexico, Canada, and China, citing non-economic reasons, deviating from his previous tariff policy focused on economic motives, and introducing uncertainty to global supply chains.
Open FlipNisus Finance Services has decided to open its Rs 114-crore initial share sale for subscription on December 4. This will be the first IPO from the SME segment in December and will be the 11th public issue with more than Rs 100 crore in size in current calendar year. The anchor book for institutional investors will be launched for a day on December 3.
Open FlipHong Kong has unveiled a crypto tax exemption proposal to attract hedge funds, family offices and global investors, aiming to rival Singapore and Switzerland as a financial hub. Hong Kong has proposed exempting cryptocurrency gains from taxes for hedge funds, private equity and family investment vehicles in a bid to strengthen its position as a leading crypto financial hub.
Open Flip