5 Dividend Aristocrats Where Analysts See Capital Gains
JTo become a “dividend aristocrat,” a dividend-paying company must accomplish an incredible feat: consistently increasing shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to get a lot of investor attention – and additionally, “trailer” funds that track the Dividend Aristocrats Index to have to own …
Taxation of short-term capital gains faces a significant increase in Portugal
On May 27, 2022, the Portuguese Parliament approved the Finance Law for 2022 and significant changes, with effect from January 1, 2023, are planned regarding the taxation of capital gains arising from the sale of shares or other securities, such as equity shares. According to the rules in force until December 31, 2022, the positive …
How to Avoid Capital Gains Tax When Selling Real Estate
When you sell an asset, you generally have to pay capital gains tax (CGT) on any profit you make from the sale. For most of us, the most valuable asset we own is our family home and many of us stand to make a significant profit if we sell. Does this mean that you have …
yes bank news: Yes Bank lays out a roadmap for growth after raising $1 billion
Two years after India’s central bank had to step in to take control of Yes Bank to calm panicked depositors and stem systemic risk, the lender is aiming to expand its loan book and acquire smaller rivals to revive its business, said its managing director. The midsize lender’s expansion plan comes after it raised $1.1 …
India’s Yes Bank lays out a roadmap for growth after raising $1 billion
Band Nupur Anand MUMBAI, August 4 (Reuters) – Two years after India’s central bank had to step in to take control of Yes Bank to calm panicked depositors and stem systemic risk, the lender is aiming to expand its loan book and acquire smaller rivals to revive its business, said its managing director. The mid-sized …
US Inflation Reduction Act Includes Changes to Deferred Interest Taxation – Capital Gains Tax
On July 27, 2022, U.S. Senators Chuck Schumer and Joe Manchin announced that they had reached agreement on a budget reconciliation bill generally intended to fight inflation. Although titled the Cut Inflation Act of 2022 (the “Cut Inflation Act”), buried in the bill (to the surprise of many) is a revenue generator determined to make …
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Cera raises £260m for major home healthcare expansion
VS era Care Limited has raised around $320m (£260m) in fresh capital to fund a fivefold increase in the number of people it treats at home. The Southwark-based company will use the funds to reach up to 100,000 patients each day. It’s the latest sign of the scale of the UK’s adoption of a technique …
India’s Yes Bank lays out roadmap for growth after $1 billion fundraising
MUMBAI, Aug 4 (Reuters) – Two years after India’s central bank had to step in to take control of Yes Bank (YESB.NS) to calm panicked depositors and stem systemic risk, the lender is aiming to expand its portfolio of loans and acquire smaller rivals to revive its business, chief executive Prashant Kumar said. …
Trends: unit trusts remain the top capital market product among young people
The unitary trust is the top dog among capital market products for young people, those aged 18-40, according to the Securities Commission Malaysia (SC) Youth Capital Market Survey: A Malaysian Perspective . Released on June 30 this year, the survey had a total sample of 1,003 participants nationwide, covering both urban and rural populations. It …
Marlon Weems discusses capitalism in the context of our economy, including its ills.
Former Wall Street trader Marlon Weems returns once again to discuss the state of our economy in the context of capitalism and politics. Marlon Weems did not disappoint. Chat – Join Politics Done Right Live weekdays at 11:00 a.m. CentralVideo zoom: LINK — Live calls: (346)248-7799 IDENTIFIER:254 0 9091 Marlon Weems, former Wall Street trader, …
Greenvale Mining (ASX:GRV) Announces “Major Breakthrough” for Project Alpha, QLD – The Market Herald
Subscribe Be the first with news that moves the market Greenvale Mining (GRV) announces positive test results of its preferred liquefaction process for the Alpha torbanite project in Queensland The company says tests have revealed that the project’s torbanite and cinnamon coal samples can be liquefied for bitumen production. Greenvale chief executive Mark Turner says …
New capital gains tax rules will benefit divorced couples
The government has released law Project and an attendant guidance document, Capital Gains Tax: Separation and Divorce, detailing the changes to the rules applicable to transfers of assets between spouses and civil partners who separate. The bill will be part of the 2022-2023 finance bill. The impact of the changes will be significant for divorcing …
DiMarzio: AC Milan gets cold on Tanganga, Reguilon
Now that Tottenham are mostly out of acquisition mode and offloading mode, you’d think we’d see a lot of players on the way out. It’s proving to be a bit more difficult than we all expected, mainly because, unlike Spurs, many European clubs simply don’t have much money at the moment (or, like Barcelona, are …
Quercus completes fundraising for its first PV development bond
Quercus accesses a new source of recurring funding for its growing development activity LONDON, August 2, 2022 /PRNewswire/ — Quercus Real Assets Limited, (Quercus), a renewable energy specialist based in London focused on international investments in the context of the energy transition, achieved its fundraising objective of €33 million for its first development bond. Quercus …
Chinese digital loan sharks spread their wings in India: report
New Delhi: Chinese syndicates and criminal gangs conduct scam operations illegally in India. Several cases of such digital loan sharks have been detected in the recent past and it is suspected that the scale of such illegal activities has increased over time. Recently, a case of so-called “Chinese loan application” has come to light in …
Nigerian capital market rebounds from bearish trading with N379.1 billion gain
The Nigerian capital market rebounded from three straight losses on Friday, with investors taking home 379.1 billion naira as the day closed for business. This follows the stock capitalization rising 1.41% after eight hours of trading on the capital market floor. The development pushed the equity capitalization up to 27.16 trillion naira from 26.78 trillion …
Tax Reporting: Not sure how to disclose capital gains on debt funds? Know where to put it
Every time you sell or redeem shares of equity or debt-oriented mutual funds (MFs), it results in a capital gain or loss, whether in the short or long term. The short-term capital gains (STCG) holding period for debt funds can be up to 36 months and for equity funds up to 12 months. STCG on …
NZX Announces Public Consultation on Capital Raising Parameters
Following the COVID-19 outbreak, NZX has introduced a number of relief measures to help issuers raise capital urgently. In light of recent experience and global market trends, NZX has announced that it is undertaking a focused review of capital raising metrics and soliciting feedback on its proposals through a public consultation. The proposed changes that …
Announcement of Agreement on Senate Reconciliation Bill, Including Key Tax Provisions – Capital Gains Tax
July 28, 2022 Winston & Strawn LLP To print this article, all you need to do is be registered or log in to Mondaq.com. On July 27, 2022, Senator Joe Manchin (D-WV) and Senate Majority Leader Charles E. Schumer (D-NY) announced a last-minute deal: the Inflation Reduction Act 2022 – containing significant changes …
6 tips for venture capitalists in Asia during a capital market downturn
HONG KONG, July 28, 2022 /PRNewswire/ — Silverhorn has published an article entitled “6 Tips for VC Investing in Asia during a downturn in the capital market”. The full text is as follows: The famous value investor Seth Klarman once stated, “The stock market is a story of cycles and human behavior that is responsible …
Silverhorn: 6 tips for investing in venture capital in Asia during a downturn in financial markets
HONG KONG, July 28, 2022 /PRNewswire/ — Silverhorn has published an article entitled “6 Tips for VC Investing in Asia during a downturn in the capital market”. The full text is as follows: The famous value investor Seth Klarman once stated, “The stock market is a story of cycles and human behavior that is responsible …
Choco Tacos killed and resurrected by capitalism
News that Unilever was going to drop ice cream product Choco Taco was met with shock, dismay and (satirical) calls for government intervention. But the fast-acting free market is already gearing up to resurrect frozen treats. In response to Switzerland-based Unilever’s announcement, Sen. Chris Murphy (D-Conn.) tweeted that he would introduce legislation that would invoke …
Changes to UK secondary capital raising under review
The UK Secondary Capital Raising Review has made a number of recommendations which, when implemented, will make secondary fundraising by companies admitted to the official list much faster, cheaper and easier. The Review wants to be “bold and courageous” and indeed, it is. This post cannot do the review justice, but below are the highlights. …
What is really behind the failure of green capitalism? | Adrian Buller
LTemperatures peaked at 40C (104F) in England last week, bringing the climate crisis to the forefront and sparking a fresh wave of dismay. How is it, despite a constant drumbeat of extreme weather events, a growing wave of public protest and a growing consensus across the political spectrum, that the world remains so far removed …
Filing an ITR for capital market income? Zerodha is here to help. Details inside
There is no extension of the tax filing deadline (ITR). With five days left until the July 31 due date, the Income Tax Service has asked taxpayers to avoid the last-minute rush and complete their ITR process. Nithin Kamath, the co-founder of Zerodha, said on Tuesday that be sure to file even if you have …
Bridgepayday has been rebranded as Kashpilot
To better serve its customers, BridgePayday.com has rebranded itself KashPilot.com. KashPilot is committed to providing consumers with a fast, easy, and convenient way to get online loans fast. With over seven years of experience in the payday loan industry, KashPilot is well positioned to provide borrowers with competitive rates and excellent customer service. Borrowers can …
Antonino Sardegno discusses blockchain venture capital with More Than Money
In the most recent episode of More Than Money, CoinGeek’s Patrick Thompson spoke to Antonino Sardegno about venture capital in blockchain, what needs to happen for more investors and businesses to have confidence in companies. of blockchain, and what engineers can do to make life easier for market players. Who is Anthonyno Sardinia? Sardegno is …
Capital Gains Tax (CGT) Rules for Divorced Couples Will Change
When couples divorce, they don’t immediately think of tax as a consideration in the process. To some extent, they’re right. In most cases, transfers between spouses are exempt from inheritance tax, so most divorces are structured in such a way that the division of property is agreed upon before the marriage (or civil partnership) is …
Secondary Capital Raising Review Recommendations – Shareholders
July 25, 2022 Herbert Smith’s Freehills To print this article, all you need to do is be registered or log in to Mondaq.com. Recommendations from the UK Secondary Capital Raising Review, which looked at the regime for secondary capital raising by UK listed companies and how to improve it, have been published. The …
Chinese entrepreneurial capitalism faces a bleak future
Author: Martin Miszerak, Renmin University In May 2022, Chinese Vice Premier Liu He signaled the government’s intention to end its campaign of “regulatory rectification” – a series of regulations imposed on the education, ride-sharing and technology sectors. He is Chinese President Xi Jinping’s top economic adviser – so his message must have been endorsed by …
Our View: Win-Win Food Recovery Program | Editorials
Kudos to the nonprofit South Central Minnesota Food Recovery for expanding its organization, partnering with more groups, and ultimately getting more food to those in need. Natasha Frost, owner of Wooden Spoon, began collecting leftover food from organizations and restaurants three years ago to donate to people in need. More recently, they have turned food …
Stock to Buy: This SFB Approves Rs. 3,000 Cr Fundraising Plan, Pat Grew 32% YoY: Motilal Oswal
Stock to buy: target price, current market price The current market price (CMP) of AU Small Finance Bank is Rs. 577. Motilal Oswal has estimated a target price for the stock at Rs. 680. This stock has the potential to yield an 18% return, in the coming year. It is a large cap stock with …
Black communities need to be wary of cryptocurrency hype
“The future is crisp! states a digital recreation of a young LeBron James in the ubiquitous TV ad promoting Crypto.com. That is, the hype. Savage. Exciting. Cryptocurrency is trending, especially for African Americans. I’m still trying to understand. The Oxford Online Dictionary defines “cryptocurrency” as “a digital currency in which encryption techniques are used to …
ANZ share price drops slightly after fundraising
Image source: Getty Images The Australia and New Zealand Banking Group Ltd (ASX:ANZ) the stock price came back from its three-day trading halt. In early trading, shares of the banking giant were down nearly 1% at $21.46. Why is the ANZ share price falling? The catalyst for ANZ share price weakness on Thursday was the …
ANZ Capital Raising, Link Breaks, Zip Q4 Update
Image source: Getty Images At lunch on Thursday, the S&P/ASX 200 Index (ASX:XJO) is on track for a slight decline. The benchmark is currently down 0.1% at 6,754.1 points. Here’s what’s happening on the ASX 200 today: ANZ shares fall slightly The Australia and New Zealand Banking Group Ltd (ASX:ANZ) the stock price is down …
Securities Commission gets capital market boost
The Papua New Guinea Securities Commission and the Asian Development Bank’s Pacific Private Sector Development Initiative have signed a Memorandum of Understanding to foster capital market development and improve inclusive access to financing for PNG businesses. This important program of work will take place over the next 2.5 years and has been facilitated by the …
IT Outsourcing in Capital Market Size, Scope, Business Strategies, Growth Analysis, Regional Demand and Forecast by 2029 – Travel Adventure Cinema
Overview and Analysis of Global IT Outsourcing in Capital Market: New Jersey, United States, – Report Title IT Outsourcing in Capital is one of the most comprehensive and important additions to the audited market reports. Provides detailed research and analysis of key aspects of the global IT Outsourcing in Capital Market. Market analysts write detailed …
Capital Gains Tax Changes: A Move To Reduce The Risk Of A “Horribly Expensive” Bill | Personal finance | Finance
Currently, if a couple transfers assets between them at any time after the tax year in which they separated, there may be tax payable. The new rules, which come into effect next year, will give couples three tax years from the split to split assets without triggering a tax bill. Couples will also have unlimited …
Blame Capitalism, Corporate Greed and Putin | by David James | Jul 2022
There’s a recurring theme on social media these days – growing dissatisfaction with traditional Western practices. While we, as a nation, or even as individuals, have certainly not always lived up to our principles – rallying to tear them down in light of growing economic inequality fails to understand the crux of the problem. Chesterton’s …
Index futures, options to deepen capital market reform
An investor checks stock prices at a brokerage in Fuyang, Anhui province. [Photo by Lu Qijian/For China Daily] Trading in stock index futures and options based on the CSI 1000 small cap tracker is expected to start on Friday, which will better meet investors’ need to hedge risk, in addition to deepening capital market reform. …
Spectur launches $1.86 million fundraiser to fund regional growth
Spectur will also raise between $500,000 and $1.15 million through a stock purchase plan. Australian solar-powered smart security provider Spectur (ASX: SP3) has received firm commitments from investors to raise $1.86 million to fund its expansion and marketing plans. The fundraising will be carried out through the placement of 51.7 million shares at $0.036 each …
Au Small Finance Bank Board Approves Rs 3,000 Crore Fundraising Plan
By CNBC-TV18 Jul 20, 2022, 11:10 p.m. IST (Released) Private sector AU Small Finance Bank said on Wednesday that its board had approved a proposal to raise a fund raising scheme of Rs 3,000 crore. The Jaipur-based bank can opt for private placement or placement in Qualified Institutions (QIPs) or preferential allocation or a combination …
British Columbia sees continued growth in market capitalization and capital raising
VANCOUVER, BC, July 20, 2022 /CNW/ – The total market value of from British Columbia public companies grew 14% in 2021, hitting a record high, according to a new report from the British Columbia Securities Commission (BCSC). The BC Capital Market Report 2021 shows that the total market value of BC public companies has risen …
Michigan Ballot Campaign to Limit Short Payday Loan Signings
LANSING — State election officials say a ballot campaign to restrict payday loans failed to garner enough valid signatures to qualify for the November ballot. Michiganders for Fair Lending submitted approximately 392,000 signatures for the bill launched on June 1. But the Elections Office, in a report issued late last week to the Board of …
Tax Pipeline Planning: A Canadian Tax Lawyers Guide – Capital Gains Tax
Background tax pipeline planning A “pipeline plan” or “pipeline planning” are terms Canadian tax planning lawyers use to identify a post-mortem tax planning technique. The idea behind the pipeline is to reduce taxes payable on death by having accrued gains on the shares taxed as a capital gain in the estate, rather than a deemed …
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Cryptocurrency is a peril for the black community
“The future is crisp! states a digital recreation of a young LeBron James in the ubiquitous TV ad promoting Crypto.com. That is, the hype. Savage. Exciting. Cryptocurrency is trending, especially for African Americans. I’m still trying to understand. The Oxford Online Dictionary defines “cryptocurrency” as “a digital currency in which encryption techniques are used to …
Some Misconceptions About “Non-Imperialist” Scandinavian Capitalism
There are many misconceptions about Scandinavian capitalism. A very common idea is the belief that since the Scandinavian countries developed vigorous capitalist economies, without ever having acquired their own colonies, they constitute a clear refutation of the assertion that capitalist development necessarily requires imperialism. It’s an argument I’ve heard for decades, but it’s based on …
Cash flow and capital gains
James Walker III is a licensed realtor with an estimated $1 million real estate portfolio. He broke down the pros and cons of cash flow versus capital gains investing strategies. Walker prefers to focus on cash flow for its tax advantages and reduced market risks. Officially, James Walker III makes his living as a corporate …
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A Democrat-funded Super PAC launched TV ads attacking Bob Stefanowski
HARTFORD, Conn. (WFSB) – A super PAC funded by the Democratic Governor’s Association has launched television ads attacking Bob Stefanowski. Two other PACs could spend millions on ads to attack Governor Lamont. We still have more than three months until the November election, but the negative publicity has already started. PAC money is spent on …
Nigerian capital market gains N470bn as Wema Bank and Airtel lead recovery
The Nigerian capital market halted losses after the market share rose 1.70% on Friday. Data obtained from the capital market revealed that growth increased equity capitalization by 470 billion naira from 27.68 trillion naira to 28.15 trillion naira after eight hours of trading on Friday. The All-Share index rose 876.11 basis points to close at …
How to File ITR-2 Online with Wage Income, Capital Gains for FY22
Filing income tax returns (ITRs) is both easy and complicated. Easy because the forms are online and partially pre-filled and complicated because the number of mandatory declarations has increased over the years. The ITR forms a taxpayer must use will depend on their residency status and total income from various sources during a …
Capitalism’s New Marshall Plan for Ukraine
As the war in Ukraine drags on, all eyes turn to the future. The Russian economy will continue to decline. Vladimir Putin’s leadership is unlikely to survive. Ukraine will be in ruins, but some hope an economic rebound will follow. Huge sums will be injected into Ukraine and huge profits will be made. Ukrainian President …
Design an overdraft fee strategy before Washington
Because it makes for great political snippets, lawmakers are tossing around the idea of re-policing financial institutions’ prices and the fees they charge for overdrafts and insufficient funds (NSF) fees. While the practices of some banks and credit unions to maximize their fee revenue through transaction display strategies are reprehensible, the fact that legislators set …
Stavely Minerals launches $5.5 million fundraiser to fund exploration for the copper-gold project of the same name
Stavely Minerals is seeking to raise $4 million through a placement of new shares priced at $0.15 each, and an additional $1.5 million through a stock purchase plan. Junior explorer Stavely Minerals (ASX:SVY) has launched a $5.5 million fundraising round to fund the next stage of exploration and resource definition drilling at its namesake copper-gold …
United Insurance Holdings Corp. announces review of strategic alternatives and capital raising
ST. PETERSBURG, Fla., July 13, 2022–(BUSINESS WIRE)–United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today announced that its Board of Directors has initiated a review of its strategic and capital raising alternatives. As part of this process, the board will consider a wide range of …
How TrueFi Capital Market will change the future of DeFi credit
BITYARD BLOCKCHAIN LIMITED Truefi lists its $TRU token on BitYard Truefi lists its $TRU token on BitYard SINGAPORE, July 12 Feb. 1, 2022 (GLOBE NEWSWIRE) — As a leading cryptocurrency exchange, BitYard hosted an AMA with the TrueFi team, DeFi’s premier credit marketplace, and invited Community Leader Matt Kielczewski to share his perspective on how …
How TrueFi Capital Market will change the future of DeFi
SINGAPORE, July 12 Feb. 1, 2022 (GLOBE NEWSWIRE) — As a leading cryptocurrency exchange, BitYard hosted an AMA with the TrueFi team, DeFi’s premier credit marketplace, and invited Community Leader Matt Kielczewski to share his perspective on how credit will change the future of blockchain credit. In the traditional mode of financial lending, borrowers need …
Why regulation will help buy-it-now and pay-later giants
Rather than slowing the growth of the BNPL sector, the regulatory review will help it grow by excluding small lenders, enhancing the reputation of the industry and bringing it into the credit reporting system. Getty After a meteoric rise during the pandemic, the buy now, pay later (BNPL) business faces a clouded future from deteriorating …
Red Theory: The Revolutionary Meaning of the Marxist Critique of Capitalism
Thanks to Marxism, we know that the ideological superstructure of society derives from and supports the material and economic basis of society. What we think is mainly shaped by our practical activity in production, class struggle and scientific experimentation. Moreover, Marx was fundamentally a revolutionary organizer, interested in helping the working class understand and reverse …
Inflation, gas prices and interest rates are on the rise. Here’s how to prepare yourself financially for the tough times ahead
Financially, times are pretty tough – and they aren’t expected to improve anytime soon. Reserve Bank Governor Philip Lowe said a recession was not expected in Australia. Others think there is a chance that we will be hit by a short recession next year. But one thing is certain right now: millions of Australians are …
SEC Develops Regulations for a Credible and Stable Capital Market—Yuguda
By Dipo Olowookere The Managing Director of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda, said the agency has continued to develop regulations to make the Nigerian capital market more credible and stable. According to him, a credible and stable capital market will propel the Nigerian economy from its development status to an advanced …
Bournemouth council accused of ‘casino capitalism’ over sale of beach huts | Bournemouth
The multi-coloured wooden beach huts lining the golden sands of Bournemouth and Poole were in full use again this weekend as adults lounged in deckchairs and children built sandcastles. These simple structures on this famous stretch of the Dorset coast are highly sought after, with typical waiting times for long-term rental ranging from five to …
NGX remains the preferred listing platform for raising capital
Capital market participants have praised Nigerian Exchange Limited (NGX) for providing a dynamic listing platform that enables governments and corporations to achieve their business goals. At the NGX CEO Roundtable, themed “Creating an enabling ecosystem for access to capital from Nigerian capital markets”, key stakeholders in the capital markets ecosystem came together to discuss and …
CFPB discusses consumer finance data and sets priorities | Sheppard Mullin Richter & Hampton LLP
On June 15, the deputy director of the CFPB, Zixta Martinez, delivered a opening speech at the Consumer Federation of America’s 2022 Consumer Assembly. The Deputy Director focused on four key areas of consumer protection in her address: Payday Loans: The CFPB released a research report in April focusing on payday loans and the state …
Stakeholders Praise NGX’s Dynamic Listing Platform for Raising Capital
Capital market participants have praised NGX for providing a dynamic listing platform that enables governments and corporations to achieve their business goals. This was stated during the NGX CEO Roundtable held on Thursday, July 7, 2022. The event, themed “Creating an enabling ecosystem for access to capital from Nigerian capital markets”, brought together key players …
Five ways investors might switch strategies and how you can prepare – TechCrunch
For stock markets, 2022 was one of the worst starts in historyincluding the Worst tech startup since 2002. There have been several macroeconomic and geopolitical impacts that have rattled markets this year, leading to higher inflation and tightening by the Federal Reserve. The May CPI headlining 8.6% vs. 8.3% expected which provoked a more aggressive …
“Long-term capital gains tax relief will be a game-changer for markets”
Web-exclusive Retail investors in India are bullish by default. They are strong believers in India’s long-term story, and rightly so, says Sandeep Bhardwaj of IIFL Securities. TopicsMarket Outlook | Market Trends | stock market investment Puneet Wadhwa | New Delhi Last Updated Jul 6, 2022 11:05 PM IST The second …
IMF: New challenges raise the bar for capital market regulation
As various challenges are facing the global economic community, facts have emerged that although the regulation of financial markets has been tightened around the world, there are still a number of gaps that need to be filled to make the market stronger. and more attractive. According to an International Monetary Fund (IMF) blog report researched …
How Capital Gains Tax Works in Canada – Forbes Advisor Canada
Congratulations. You just made a pretty substantial profit on that property you sold or those investments that kept growing until you cashed out. But before you can enjoy the spoils of this personal victory, you will have to pay taxes on your winnings in the form of capital gains. But what is capital gains tax, …
Nearly a Quarter of US Investors Have Used Loans to Buy Crypto
A large number of retail investors in the United States took out loans, often at exorbitant interest rates, to buy cryptocurrencies, and more than half of those investors ended up losing money, according to a recent investigation by DebtHammer. DebtHammer surveyed over 1,500 people in the United States to learn about their crypto investing habits …
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Down with capitalism! A brand of idealism that sells.
When I was a dumb young student, I spent most of my days skipping class, instead hanging out in the basement of the student union building, working as an editor at the campus newspaper. There, I happily spent the time writing articles, talking politics, and wading through the feverish swamp of what would now be …
Investors gain 6.5 billion naira amid slow growth in Nigerian capital market
Investment from Nigerian capital market shareholders reached N27.9 trillion after eight hours of trading on Friday. The figure was 0.02% or 6.55 trillion naira higher than the 27.93 trillion naira released by the exchange on Thursday. Similarly, the All-Share Index rose 12.08 basis points to close at 51,829.67 from 51,817.59 the previous day. On Friday, …
Is using a personal loan advisable for business advancement?
One of the most common services rendered by financial institutions in the Philippines is a loan. There are different types of loans, allowing you to pay various costs of different natures. Financial institutions add a certain amount to the loan you get, called interest, and are paid over a predetermined period. Starting a small or …
The yen becomes the next eye of the storm in the international capital market – Analysis – Eurasia Review
By Wei Hong Xu With the recent acceleration of interest rate hikes from the Federal Reserve, the yen is coming under increasing pressure while the US dollar index remains high. This, in turn, causes the Japanese currency to show a trend of continued depreciation. The exchange rate of the yen against the US dollar broke …
Proposed Changes to ASX Listing Rules: Capital Raising
Introduction The Australian Securities Exchange (ASX) declares that it is committed to continually improving its ASX Listing Rules (Rules) to enhance the reputation and integrity of the market and to ensure that it continues to serve the interests of investors and issuers. Pursuant to this mandate, on April 27, 2022, ASX published a public consultation …
Capitalism means creative destruction. Can the developing world cope?
The characteristic and defining characteristic of capitalism is “creative destruction” – a phrase coined by the great Austrian economist Joseph Alois Schumpeter who described it as “the process of industrial change which continually revolutionizes the industrial structure from within, destroying the old, and always creating a new one.” From the invention of the Spinning Jenny, …
Pandemic petition derails candidates and ballot initiatives
James Craig, a former Detroit police chief who was running for governor of Michigan, said he recalled pleasant conversations with people circulating petitions at his campaign events this spring and that he had never suspected that anything untoward was happening. “I’m the candidate giving speeches, and you think you have professionals working for you on …
“A credible and stable capital market is essential for sustainable economic growth” | The Guardian Nigeria News
For a country to rank high in the global economy, serious attention must be paid to developing a credible and stable capital market. The Chief Executive of the Securities and Exchange Commission (SEC), Lamido Yuguda, said this at the first Nigeria Employers’ Summit organized by the Employers’ Consultative Association of Nigeria. He said that credibility …
Kishida withdraws from new capitalism – Analysis – Eurasia Review
By Richard Katz* For six long months, the Kishida administration, aided by outside advisers from universities and start-ups, has struggled to translate Prime Minister Fumio Kishida’s mantra of a “new form of capitalism” into concrete policies. The rather hollow final product that Cabinet approved on June 7, 2022 must have disappointed many participants. On the …
How Previous Home Sales Could Affect Your Capital Gains Taxes
Dear Liz: I am selling my house and will not buy another. I think I know the general capital gains tax rules. However, should I include capital gains from previous homes, even those made many years ago? Answer: Maybe. Prior to 1997, homeowners could avoid capital gains taxes by transferring their profits to another home, …