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Turkey could levy a tax on stocks
Treasury and Finance Minister Mehmet Simsek said the government is considering a “very limited” transaction tax
The ECB is looking to revive the Eurozone economy with its first rate cut in five years expected today
Some wonder whether it would be a mistake for the ECB to diverge from the US Federal Reserve for the…
EM corporate earnings fell short of analyst expectations in 1Q 2024
Plus: Nvidia is closing in on Apple to become the world’s second-most-valuable company behind Microsoft
Voluntary carbon markets are no panacea. Plus: Wall Street moves to T+1 settlement cycle for stocks.
Yellen emphasized the need for carbon markets built on a “commitment to integrity”
ECB on track to cut interest rates next week, top bank officials suggest
The bank will still need to maintain restrictive rates until the end of the year, the bank’s chief economist added
SoftBank to sink USD 9 bn a year into AI
The move is part of the company’s strategy to double down on AI and semiconductors investments
Adnoc Drilling sells USD 935 mn stake in rare UAE secondary sale
The Adnoc subsidiary priced its offering at AED 3.90 a share
Emerging markets’ credit ratings finally on the rise
Three-quarters of sovereign credit rating movements in 2024 have been in a positive direction
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