Category: gains
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Top Labour donor Dale Vince says rich fleeing capital gains tax raid can ‘f— off’
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Wealthy individuals threatening to leave the UK to avoid expected tax rises should “stop”, according to Dale Vince, the green energy magnate and major donor to the Labor Party. Vince, who donated £5 million to the Labor Party, dismissed the idea that higher taxes could harm UK entrepreneurship, describing it…
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Israel Boasts Strategic Gains From Attack on Iran, But Quietly
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Breadcrumb links BMN Business After sending more than 100 fighter jets to attack Iran, the Israeli government is seeking to walk a fine line: Officials there believe the attack caused significant strategic damage but want to allow Iran to continue to reject it as unworthy of a response. Article writer:…
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Crypto Game-Changer: Denmark To Introduce 1st Ever Unrealized Gains Tax
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Benjamin Franklin, a well-known American statesman, said: “Nothing is certain in this world but death and taxes.” It’s an observation that may now apply to cryptocurrencies, as Denmark plans to impose a ban New tax policy Targets unrealized capital gains of cryptocurrencies like Bitcoin. Denmark: Tax reform for crypto assets…
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Capital gains tax raid could create one of the world’s most ‘anti-growth’ tax systems
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Chancellor Rachel Reeves’s upcoming Budget threatens to push the UK towards having one of the least competitive tax systems in the developed world, according to a major new analysis by the US-based Tax Foundation and the UK Center for Policy Studies (CPS). The report warns that if Labor introduces a…
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Capital gains tax raid could create one of the world’s most ‘anti-growth’ tax systems
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Chancellor Rachel Reeves’s upcoming Budget threatens to push the UK towards having one of the least competitive tax systems in the developed world, according to a major new analysis by the US-based Tax Foundation and the UK Center for Policy Studies (CPS). The report warns that if Labor introduces a…
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Capital Gains Tax concerns loom over UK tech sector ahead of Autumn Budget
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The UK tech industry is on edge as speculation grows about potential changes to capital gains tax (CGT) in the upcoming Autumn Budget. Leading audit and advisory firm Blick Rothenberg has expressed concerns that such changes could have a detrimental impact on the fintech ecosystem, a key driver of the…
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Shekel gains strongly after Sinwar’s demise
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The shekel rose strongly this morning after the Israeli army confirmed last night that it had killed Hamas leader Yahya Sinwar. In interbank transactions, the shekel-dollar price decreased by 1.40%, reaching 3.71 shekels/dollar, and the shekel-euro price decreased by 1.77%, reaching 4.023 shekels/euro. The main question in the wake of…
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China’s GDP, Buyback Plans Fuel Asia Stock Gains: Markets Wrap
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(Bloomberg) — Asian stocks rose as investors digested better-than-expected Chinese economic data and details of an additional share buyback program from the Chinese central bank. Most read from Bloomberg Stocks in China and Hong Kong extended gains after the People’s Bank of China said it had established a re-lending mechanism…
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Dogecoin Jumps 16% In The Last Week: More Gains To Come?
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This article is also available in Spanish. Dogecoin (DOGE), which was initially just a meme, is showing great strength in the market once again. On October 16, 2024, the prominent cryptocurrency appeared It rose by 16% in the weekly frameTo please investors. Related reading The price rise is accompanied by…
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Dogecoin Jumps 16% In The Last Week: More Gains To Come?
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This article is also available in Spanish. Dogecoin (DOGE), which was initially just a meme, is showing great strength in the market once again. On October 16, 2024, the prominent cryptocurrency appeared It rose by 16% in the weekly frameTo please investors. Related reading The price rise is accompanied by…
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Asian Stocks Rise, Chinese Shares Reverse Gains: Markets Wrap
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(Bloomberg) — Stocks rose in Asia after Wall Street closed higher, helped by a shift from giant technology to smaller companies. Chinese stocks erased their gains after a press conference by the finance and housing ministers. Most read from Bloomberg China’s CSI 300 index turned flat after rising 1.3% earlier.…
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Can It Power Toward New Gains?
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This article is also available in Spanish. Bitcoin price rose above the $67,500 resistance area. BTC is now consolidating and may cross the $68,350 resistance level to continue higher. Bitcoin remained stable and extended its gains above the $68,000 area. The price is trading above $67,200 and the 100 hourly…
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Bitcoin Price Gains Steam: Is a New Surge on the Horizon?
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Bitcoin price started a new rally above the $65,500 resistance area. BTC is now consolidating and may cross the $68,000 resistance level to continue higher. Bitcoin price has risen by more than 7% and is now showing a lot of positive signs. The price is trading above $66,500 and the…
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Bitcoin Price Gains Steam: Is a New Surge on the Horizon?
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Bitcoin price started a new rally above the $65,500 resistance area. BTC is now consolidating and may cross the $68,000 resistance level to continue higher. Bitcoin price has risen by more than 7% and is now showing a lot of positive signs. The price is trading above $66,500 and the…
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China has begun enforcing a tax on overseas investment gains by the country’s ultra-rich
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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China has begun enforcing a tax on overseas investment gains by the country’s ultra-rich
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Asian Stocks Poised to Track US Gains; Oil Drops: Markets Wrap
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Breadcrumb links BMN Business Asian stocks are poised to track another strong performance on Wall Street, with stocks hitting all-time highs. The price of oil fell as concerns about Israel attacking Iranian energy facilities eased. Article writer: Bloomberg News Jason Scott Posted on October 14, 2024 • 4 minutes read…
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Starlink gains 0.5pc of Kenya’s internet market in first year
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Billionaire Elon Musk’s Tesla satellite internet company, Starlink, captured a 0.5 percent share of Kenya’s internet market in its first full year of operation in the country, amassing a subscriber base totaling 8,063 users at the end of June this year, according to For new data. New statistics from the…
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Dollar holds gains while investors parse China’s stimulus plans By Reuters
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Written by Vidya Ranganathan SINGAPORE (Reuters) – The dollar maintained its gains and even extended some gains in Asian trading on Monday as a holiday in Japan drained liquidity, leaving somewhat disappointing Chinese stimulus announcements at the end of the week the focus of market attention. The euro fell 0.13%…
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Dollar holds gains while investors parse China’s stimulus plans By Reuters
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Written by Vidya Ranganathan SINGAPORE (Reuters) – The dollar maintained its gains and even extended some gains in Asian trading on Monday as a holiday in Japan drained liquidity, leaving somewhat disappointing Chinese stimulus announcements at the end of the week the focus of market attention. The euro fell 0.13%…