The Aussie dollar continues to see a lot of upward pressure, as the market is at the top of a massive range. At this point in time, the market is likely to see a lot of questions asked about the global economy.
Chip stocks are flying higher. Here's one way to take advantage.
Citi released a statement addressing the potential outcomes of the Liberal Democratic Party (LDP) presidential election in Japan and their impact on the USD/JPY currency pair. The...
(Bloomberg) -- It’s been the ultimate no-brainer for more than a year: Park your money in super-safe Treasury bills, earn yields of more than 5%, rinse and repeat. Or as billionaire bond investor Jeffrey Gundlach put it last October, “T-bill and chill.”Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherSydney Central Train Station Is Now an Architectural DestinationChicago Overcomes DNC Skeptics With Calm, Parties and SunHow the Cortiços of São Paulo Helped
On Tuesday, UBS indicated that a slowing U.S. economy could lead to a weaker U.S. dollar as the Federal Reserve may start to ease monetary policy. For investors, UBS sees the...
- The U.S. dollar traded largely unchanged in early European trade Tuesday supported to a degree by raised geopolitical tensions, but remained near recent lows as...
Asian currencies have seen a strong uptick in recent months, fueled by a combination of improving economic conditions, easing global inflation, and favorable trade...
According to PA News, New Zealand's Revenue Minister, Simon Watts, has introduced a proposal to incorporate the Organisation for Economic Co-operation and Development's (OECD) Crypto-Asset Reporting Framework (CARF) into national law. The legislative proposal, submitted on August 26, aims to ensure transparency in crypto transactions and is set to take effect on April 1, 2026.Under this new framework, crypto service providers in New Zealand will be required to collect transaction information from reportable users and submit it to the Inland Revenue by June 30, 2027. The collected data will then be shared with relevant tax authorities globally by September 30, 2027, to ensure proper taxation of crypto-derived profits.Failure to comply with these requirements could result in fines of $300 per instance, with penalties for service providers potentially reaching between $12,000 and $62,000. Users who do not provide the necessary information could face fines of up to $621.This move highlights New Zealand's commitment to enhancing transparency and ensuring that crypto transactions are properly taxed in line with international standards.
-- Most Asian currencies weakened on Tuesday as new Canadian trade tariffs on China ramped up fears of a trade war, while a rally in the Japanese yen was hampered by...
-- Most Asian currencies weakened on Tuesday as new Canadian trade tariffs on China ramped up fears of a trade war, while a rally in the Japanese yen was hampered by some soft inflation data.