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CHINA TAX
China to tax offshore trusts as Beijing targets overseas wealthChina's new tax regulations taking effect on Friday will impose taxes on offshore trusts and their associated incomes. A twenty percent tax...- Donald Trump finds a new way to impose tariffs but Asia isn't buying the reasonUS President Donald Trump's new tariffs of 10% to 12.5% on imports from 60 trading partners, including India, have sparked criticism from J...
- BlackRock, Prashant Jain-backed 3P India among others invest in Indo MIM IPO anchor book of Rs 1,141 croreIndo MIM has raised Rs 1,141 crore from anchor investors ahead of its Rs 3,811 crore IPO, drawing participation from global institutions in...
- Elon Musk's Tesla posts cash burn as capex surges on AI, robotaxi pushTesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries b...
- Chinese ecommerce giant JD.com given notice of EU concerns over Ceconomy takeoverThe European Commission opened a full-scale investigation into the deal in May under the Foreign Subsidies Regulation that targets unfair...
- Pakistan seeks $10 billion fund from US after mediating Iran talksPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to boost foreign reserve...
- Trump tariffs may stay alive as US set to impose new import taxes by FridayDonald Trump is likely planning new import duties on many nations by Friday. These levies aim to continue his tariff regime after current o...
- Pakistan seeks $10 billion US stabilization facility to shore up reservesPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to bolster foreign excha...
- General Motors lifts 2026 outlook despite hit from electric retreatGeneral Motors raised its full-year profit forecast on Tuesday after reporting solid quarterly results on strong vehicle pricing that offse...
- Schindler Q2 sales miss expectations as weak China market dragsSchindler shares fell around 5% as investors worried about weak demand in China’s property market, despite global order growth for a third ...
- Iran war forces cash-strapped Asian nations to buy expensive LNGPakistan and Bangladesh face high LNG costs due to Middle East conflict. This situation strains government finances and prompts rethinking ...
- Energy shock vs AI boom: RBI should act as and when external shocks push domestic data in a direction, not until thenGlobal growth faces pressure from an energy shock and a tech boom. The energy shock stems from conflict, impacting oil prices and shipping ...
- Seoul Semicon’s India plans; Specialty healthcare attracts VCsSouth Korea's Seoul Semiconductor is planning a manufacturing foray in India. This and more in today's ETtech Top 5.
- India's net FDI inflows likely to reach $15 bn in FY27India's net FDI inflows are expected to rebound to $15 billion in fiscal year 2027. This rebound will be supported by healthy gross inflows...
- Indo MIM's Rs 3,812 cr IPO to open on July 23; price band set at Rs 461-485Indo MIM Ltd announced its Initial Public Offering, which opens for subscription on July twenty-third. The precision engineering components...
- Foreign inflows in Asian bonds surge to seven-month high in JuneAsian bonds saw their largest foreign inflows in seven months during June. Lower oil prices and strong technology demand improved the regio...
- Global Market: China eyes faster national infrastructure spending to steady growth amid local investment slumpChina is accelerating national infrastructure projects to boost economic growth this year. This strategy aims to offset reduced local gover...
- Time to score own goals: India's GCCs create world-class research, but rarely own the IP that generates future wealthIndia's innovation challenge lies in foreign ownership of research assets. Global Capability Centers generate significant revenue but do no...
- Trump team races the clock to rebuild US tariff wall knocked down by Supreme CourtA Supreme Court ruling has led to a notable decline in Treasury revenue from import taxes in the United States. President Trump's administr...
- Japan triples departure tax as tourist numbers surgeJapan has tripled its departure tax to three thousand yen for all travellers leaving the country. This increased levy aims to fund measures...
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