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Thailand all set to tax cryptos, stock trading to cut budget cap

  Bloomberg Thailand is considering taxing stock trading for the first time in more than three decades, and making crypto traders part with a share of their profits, as the government hunts for revenue to fund billions of dollars in pandemic relief. Prime Minister Prayuth Chan-Ocha’s government is expected to decide by end-January on the method and rate of taxing ...

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Microsoft stocks rise as forecasts focus on cloud growth

  Bloomberg Microsoft Corp shares rise in late trading, reversing an earlier decline, after the software giant gave a forecast that reassured investors the company’s Azure cloud-computing business still has potential to drive growth. Earlier, Microsoft had reported quarterly sales that topped $50 billion for the first time and profit that exceeded analysts’ estimates, fuelled by cloud, gaming and Windows ...

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Sheikh Abdullah praises Russia for support over Houthi attack

  ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has praised Russia’s supportive stance for the UAE, during the last session of the UN Security Council, on the terrorist attacks by the Houthi militia on civil facilities in the UAE. During His Highness Sheikh Abdullah’s call to Russian Minister ...

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