China should consider expanding its property tax trial to Shenzhen and some low-tier cities, said a senior government adviser, a move that would pave the way for the much-delayed legislation and nationwide implementation and also bring a new source of revenue for debt-ridden local governments. Shenzhen, which is home to tech giants such as Huawei,
Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures rose slightly in overnight trading Thursday as traders await an all-important policy speech from Fed Chair Jerome Powell for any guidance on future rate cuts. Futures on the Dow Jones Industrial Average gained 47 points. S&P 500
Open this photo in gallery: CI began its flurry of U.S. acquisitions at the end of 2019, when chief executive officer Kurt MacAlpine revealed a new strategy to build a U.S. wealth management company.Tijana Martin/The Globe and Mail After CI Financial Corp. CIX-T for the first time surpassed $500-billion in assets under management in its
U.S. stocks hovered near the flatline Friday morning as investors looked toward the end of a week that has ushered in a recovery rally, with all three major indexes on pace to end the five-day stretch with gains. The S&P 500 ticked down 0.03%, while the Nasdaq Composite advanced 0.01%. The Dow Jones Industrial Average
Gold bullion bars are seen for sale at Manfra, Tordella and Brookes, Inc. January 9, 2003 in New York City. Mario Tama | Getty Images Gold prices inched up on Thursday after a 1% decline in the previous session following inflation data that dampened hopes for a larger September U.S. rate cut, while the focus
International confidence Global leader in sustainable and green finance New successful financing operation by Iberdrola. The electricity utility, through the US regulated grid business New York State Electric & Gas Company (NYSEG), a subsidiary of Avangrid, has successfully placed a 10-year green bond issue in the United States for 525 million dollars (490 million euros).
A trader works on the floor of the New York Stock Exchange. NYSE U.S. equity futures fell on Sunday evening as investors braced for key inflation data, after almost completely reversing its violent market rout last week. Futures tied to the Dow Jones Industrial Average fell 48 points, or 0.1%. S&P 500 futures dipped 0.08%
Donald Trump’s family appears to be preparing yet another money-raising ‘crypto’ project, even as memecoins associated with his name rug-pulled their customers. But first, on August 5, five U.S. senators and three members of the House of Representatives sent a letter to Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC). The eight Democratic
China has emerged as the world’s top producer of generative AI patents, but it is struggling to turn many of its ideas into action thanks to US export controls and longstanding struggles with its innovation culture at home. In July, the UN’s intellectual property agency reported that China had filed more than 38,000 generative AI
The decision came in response to a lawsuit by the state of Missouri claiming that the case infringed on voters’ rights. The US Supreme Court has declined to halt Donald Trump‘s upcoming sentencing for his conviction in state court in New York on felony charges involving hush money paid to a porn star and a