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Canada says it’s open to carbon tariffs

Bloomberg Canadian Prime Minister Justin Trudeau’s government is examining the merits of carbon tariffs, a policy measure to tax goods from countries with weaker climate laws that’s won the support of Boris Johnson. The UK prime minister wants Group of Seven countries to discuss the idea of imposing levies on imported goods made in places that don’t have strong rules ...

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Speculative traders add billions to ‘meme’ stocks at new records

Bloomberg In a quiet week by 2021 standards, the speculative excesses that have defined this bull market hit new records with little fanfare. Wild trades from penny stocks and “meme” cryptocurrencies companies surged to all-time highs. US equity indexes rises anew. And skeptics on the everything rally found more reasons to fret over market froth. Stocks have added more than ...

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Banks, property stocks could be losers from Singapore’s budget

Bloomberg Equity investors expecting a big boost for Singapore’s benchmark index from its upcoming annual budget could be disappointed: heavyweight blue chips are unlikely to benefit from government largesse. Aimed at reversing the nation’s worst economic contraction since it became independent in 1965, Tuesday’s budget is set to focus on the pandemic-hit travel sector or firms with mandates in line ...

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