Funding & Business
Korea’s Lee Says No Need to Stick to Capital Gains Tax Proposal
South Korean President Lee Jae Myung said he doesn’t see the need to stick to a proposal that would have expanded the pool of stock investors subject to capital gains tax.
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The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource.
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Australian Treasurer Jim Chalmers spoke to ANZ Group Holdings Ltd.’s boss Nuno Matos on Tuesday about the bank’s plan to cut thousands of jobs, the Australian reported.
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Emerging markets are likely to receive heavier inflows early next year as more evidence on the resilience of these economies fuels a further shift from US assets, according to Bank of America Corp.
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