February 23, 2025
Financial Assets

Britain will ‘turn the screws’ on Putin with new sanctions on Russia, No10 assures Zelensky as Trump demands return on Ukraine aid money

Britain will ‘turn the screws’ on Vladimir Putin with a package of sanctions against Russia to reassert the UK’s ‘ironclad’ support for Ukraine, the Government will announce today. Foreign Secretary David Lammy will make the vow as Sir Keir Starmer prepares to fly out for an historic meeting with Donald Trump at the White House

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Financial Assets

Comprehending Financial Reporting for US Persons

Understanding the complexities of federal tax obligations when it comes to foreign financial assets is of paramount importance for US persons.  The US government has implemented multiple measures to curb tax evasion and ensure proper reporting of overseas assets.  Two key regulations central to these efforts are the Foreign Bank and Financial Accounts Report (FBAR)

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Financial Assets

7 money changes that will affect your bills in the next month

The New Year has ushered in a raft of financial changes that could hit your pocket. Energy bills have risen for millions of households as have broadband and mobile phone bills. Meanwhile council tax increases are being rubber stamped in every part of the country. In April things will change again as we usher in

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Financial Assets

Bank stocks tanked and telcos rose amid the ASX 200 losing 3% last week

Image source: Getty Images Communication services shares led the ASX 200 market sectors with a 1.62% rise over the five trading days last week. Meanwhile, the S&P/ASX 200 Index (ASX: XJO) experienced a significant decline, falling 3.03% to close at 8,296.2 points on Friday. The positives from the highly-anticipated interest rate cut announced by the Reserve Bank

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Financial Assets

More struggling councils in England to sell assets and borrow cash

Paul Seddon Political reporter Getty Images Stoke-on-Trent is one of 29 councils that will get additional budget flexibility The government has agreed to relax budgeting rules for a record 29 English councils to allow them to balance their books next year. The authorities will be allowed to use Treasury loans or cash from selling assets

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Financial Assets

RBI proposes scrapping foreclosure charges on loans for THESE borrowers; Will this ease loan burden?

The Reserve Bank of India (RBI) released draft norms for prepayment penalties on loans on Friday, February 21, where it proposed to scrap the foreclosure charges on floating-rate loans for retail and MSME borrowers. Once approved, this will apply to all floating-rate loans. The central bank added that the loans granted for business purposes to

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Financial Assets

Trump suffers hugely embarrassing stock market blow in month since taking office

European stocks have hugely outpaced Wall Street in the month since President Donald Trump took office.  This is a blow to the President, who has often boasted about how the stock market sees bumper gains when he is in the White House.  The benchmark Stoxx Europe 600 Index, which tracks the performance of the 600 largest

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Financial Assets

Down 16% in a month, is Tesla stock a falling knife?

I did not buy shares in Tesla (NASDAQ: TSLA) a month ago. So far, that looks like the right decision as Tesla stock has tumbled 16% over that period. Still, as a long-term investor, I do not typically think about owning shares for a matter of weeks. I reckon the real money is made over

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Financial Assets

ETFs jump to two-thirds of all Taiwan fund assets

Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools The rising dominance of the exchange traded funds sector in Taiwan’s asset management

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Financial Assets

China sees robust growth in loans to small, micro firms

Employees work on the production line of a high-tech company in Tianjin. [Photo/Xinhua] BEIJING — Official data showed that China saw robust growth in the outstanding sum of loans to small and micro companies by the end of 2024 amid government efforts to encourage inclusive financing. By the end of the fourth quarter (Q4) of

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