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THIS MORNING: Unincorporated partnerships can now be subject to corporate tax + Banks start adopting new AED symbol
Plus: IRH taps EPointZero for decarbonization
Bitcoin surpasses USD 110k for first time amid stablecoin bill progress
The cryptocurrency’s gains came as US stocks and bond markets saw a sell-off
Nvidia’s top executive urges US policymakers to rethink chip restrictions
The Trump administration is reportedly working on a new global licensing system based on government-to-government agreements
Emerging markets ETFs see inflows for fourth week straight
Recent inflows pushed EM ETFs into the green YTD for the first time since April
Corporate tax relief for foreign holdings
A new cabinet decision extends corporate tax exemptions previously limited to UAE-based firms to foreign entities
Big Tech is no longer leading the 2025 market rally
Apple, Tesla, Alphabet, and Amazon are dragging behind the broader S&P 500 — for only the second time in a…
China’s rare earth export delays are threatening global supply chains
Beijing imposed new export controls in early April on seven rare earth elements
Trump administration prepares major rollback of bank capital rules
The proposed changes would either ease the SLR outright or exempt low-risk assets such as US treasuries and central bank…
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