The U.S. Senate Democrat reveals ‘billionaire tax’ for Biden’s agenda

US President Joe Biden leaves after delivering an update on his administration’s response to coronavirus disease (COVID-19) at the Eisenhower Executive Office Buildings South Court Auditorium in the White House in Washington, USA, June 2, 2021. REUTERS / Carlos Barria WASHINGTON, Oct. 27 (Reuters) – U.S. billionaires would pay taxes on unrealized gains from their … Read more

Robinhood shares fall below the listing price in aftermarket trading due to crypto-slowdown

The logo of Robinhood Markets, Inc. seen at a pop-up event on Wall Street following the company’s listing in New York City, USA, on July 29, 2021. REUTERS / Andrew Kelly October 26 (Reuters) – Robinhood Markets Inc’s (HOOD.O) shares fell below their initial trading price in after-hours trading on Tuesday after the retail broker … Read more

Chinese developer Modern Land defaults on bonds; real estate stocks are falling

Men work on construction site in high-rise building in Beijing, China, October 18, 2021. REUTERS / Thomas Peter Modern Land mentions liquidity problems for non-payment NDRC meets with real estate companies on Tuesday Hang Seng mainland property index falls more than 5% HONG KONG / SHANGHAI, October 26 (Reuters) – Modern Land (1107.HK) has missed … Read more

HSBC pays property in China at 74% profit, $ 2 billion Repurchase

A man wearing a protective mask walks past an HSBC logo at headquarters in the middle of the coronavirus outbreak (COVID-19) in Kuala Lumpur, Malaysia on September 9, 2020. REUTERS / Lim Huey Teng / File Photo Q3 profit rises to $ 5.4 billion On better loan options Costs are going to cross up to … Read more

Hong Kong’s zero -COVID policy undermines the status of financial hub – industry group

A general view showing the Central Business District, in Hong Kong, China, September 15, 2021. REUTERS / Tyrone Siu HONG KONG, October 25 (Reuters) – A financial industry group warned on Monday that Hong Kong’s zero-COVID policy and strict quarantine requirements for international travelers threaten to undermine the city’s status as a financial hub. The … Read more