The decree was published in the Official Gazette on Saturday, taking effect immediately. Forcing the platforms to abide by the regulations could make it easier to investigate digital currency holdings, according to Bloomberg. The crypto industry has been under increased scrutiny in Turkey in recent weeks. On Friday, a ban …
Read More »China mulls new bourse to lure overseas-listed firms – media
According to people with knowledge of the matter, the country’s State Council has asked the top securities regulator to lead studies on how to design the exchange that would target Chinese firms listed in offshore markets. The government hopes the initiative would also lure marquee international firms such as Apple …
Read More »Beijing warns of retaliation over US delisting of Chinese firms, which runs ‘against market rules & logic’
The largest American exchange followed the suit of several other major stock index providers and announced on Friday that the securities of China Mobile, China Telecom, and China Unicom Hong Kong will be delisted between January 7 and January 11. It cited US President Donald Trump’s order that banned American …
Read More »Major Australian firms pay more in political donations than taxes
The corporate tax rate in Australia is 30 percent. However, deductions available to companies reveal a legal loophole allowing companies to pay much less. The country’s corporate giants, including energy enterprise Chevron Australia Holdings and car parks operator Wilson Parking Australia 1992, paid little or no tax in the last …
Read More »Mass vaccination delayed in US and UK, as drug firms struggle to meet demand
A 90-year-old grandmother was given a Covid-19 vaccine early on Tuesday morning, becoming the first Briton to receive a jab against the deadly coronavirus. Some 800,000 doses are expected to be delivered by the end of the week, and the first shot was celebrated by the government, with Health Secretary …
Read More »Trump’s blacklist of Chinese firms with ‘military ties’ is a blatant attempt to keep Boeing king of the skies
Donald Trump may be on the way out, but he’s far from finished on China. On Monday, it was announced that an additional 89 Chinese firms are to be added to a US blacklist and considered a ‘national security threat’ over their purported ties to Beijing’s military. The firms, almost all …
Read More »US may hit more than 100 Chinese & Russian firms with trade restrictions over alleged military ties – report
If the list is published, US suppliers will have to obtain special licenses from the US government to export various items to those firms. This reportedly applies to everything from computer software like word processing, to scientific equipment like digital oscilloscopes, and aircraft parts and components. While obtaining such a …
Read More »Trump warns no federal contracts to firms who outsource to China & threatens to DECOUPLE US economy…without losses?
“We lose billions of dollars, and if we didn’t do business with [China], we wouldn’t lose billions of dollars,” the president told reporters at a Monday briefing. “It’s called decoupling, so you’ll start thinking about it,” Trump continued, without explaining what would happen to the trillion-plus dollars in US debt …
Read More »The largest contractor of “Gazprom” bought a one-day firms
Buyer the largest building contractor “Gazprom” — the company “stroygazmontazh” Arkady Rotenberg became the non-public joint-stock company “Stroyinvestholding”, was for several months prior to the transaction. Buyer the largest building contractor “Gazprom” — the company “SGM”, owned prior to the sale of Arkady Rotenberg, has become a non-public joint-stock company …
Read More »Turkish President Erdogan and Elon Musk discuss cooperation with Turkish firms
President Recep Tayyip Erdogan and CEO of Tesla Inc Elon Musk met on Wednesday to discuss cooperation between Tesla, SpaceX and Turkish firms, said the representative of the President of Turkey. Musk, who is in Turkey to participate in Global SatShow in Istanbul, met with Erdogan and the Ministers of …
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