ABU DHABI/WAM The Ministry of Finance and the Federal Tax Authority (FTA) have announced an ...
Read More »Top fund likes Japan train stocks, cuts autos on yen
BLOOMBERG A top-performing Japanese fund is shifting its attention to railway operators from automakers on expectations companies that rely on domestic revenue will fare better should the yen rebound. Carmakers, which have been among the Topix’s best sectors this year, may start to face headwinds if a stronger currency reduces the value of their overseas revenue, according to the Eurizon ...
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