Recent Posts

As IPOs slump globally, all big deals are coming from China

  Bloomberg In a year where initial public offerings (IPOs) globally have slumped by more than two-thirds, one would expect the summer break to be especially quiet. Not so in Asia, where stock listings have notched their second-highest August haul on record. First-time share sales in the Asia Pacific region totaled $14.9 billion this month, data compiled by Bloomberg show. ...

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Japan’s regulator proposes tax breaks for investors, crypto

  Bloomberg Japan’s financial regulator proposed easing corporate tax rules for crypto assets as well as lighter levies for individual stock investors in support of Prime Minister Fumio Kishida’s efforts to reinvigorate the economy. Companies should be exempted from paying taxes for paper gains on crypto coins that they hold after issuing them, the regulator proposed in its annual tax-code ...

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EU reaches gas storage goal early despite Russian supply cut

Bloomberg The European Union (EU) met its gas storage filling goal two months ahead of target as the bloc braces for a tough winter with Russia limiting supplies and energy contracts trading at elevated levels throughout the continent. European Commission President Ursula von der Leyen celebrated the milestone on Monday, telling an audience at an energy conference in Denmark that the ...

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