China’s Securities Supervisory Agency Mulls Move to Break Audit Deadlock With U.S.
2022-03-24 13:10:39
Regarding one of the core issues in the cross-border supervision of Sino-US audits, whether the audit working papers can be inspected by overseas regulatory agencies, the relevant laws may be clearly explained, so that the audit papers of Chi...(more)
How War in Ukraine Is Reverberating Across World’s Regions
2022-03-16 09:09:33
By Alfred Kammer, Jihad Azour, Abebe Aemro Selassie, IIan Goldfajn and Changyong Rhee
International Monetary Fund
Beyond the suffering and humanitarian crisis from Russia’s invasio...(more)
Rethinking Fiscal Policy and Debt for a Post-Pandemic World
2022-03-03 13:08:57
By Gita Bhatt Editor-in-chief, Finance & Development
International Monetary Fund
Nearly a century ago, Joseph Schumpeter wrote, “The spirit of a people, its cultural level, its social structure…all this and more is w...(more)
Middle East M&A activity scales 51% in 2021
2022-02-21 19:05:36
BY ZAINAB MANSOOR GULF BUSINESS
The Middle East recorded strong M&A (mergers and acquisitions) activity with 665 deals in FY 2021, up 51 per cent from 439 witnessed in 2020, a new study has revealed.
Meanwhile, the region&rs...(more)
Taxation for cryptocurrency, Non-Fungible Tokens (NFT) in Taiwan
2022-02-08 17:51:39
Taxation for “cryptocurrency, Non-Fungible Tokens (NFT) such as dog-themed crypto Shiba Inu SHIBUSD, Bitcoin BTCUSD, Ether ETHUSD, Meme token Dogecoin DOGEUSD or any virtual currency in Taiwan
...(more)
UAE to introduce federal corporate tax on business profits from 2023
2022-02-04 12:08:18
The UAE Ministry of Finance has set a rate of 9 per cent for taxable income exceeding AED 375,000 / USD 112,110 (USD 1 : AED 3.6725).
The UAE will introduce a federal corporate tax on business profits from the financial year starting on or after Jun...(more)
The key message of the IMF’s annual Article IV review of the economy
2022-01-28 16:56:06
While China’s many challenges have no easy answer, the key message of the IMF’s annual Article IV review of the economy is that rebalancing toward a more consumption-based model will boost growth prospects in the sh...(more)
UBS report for 2022
2022-01-14 13:55:48
UBS report for 2022 pointed out that 2022 will be a year of two halves, with high rates of economic growth and inflation in the first half, then lower growth and inflation in the second.
In the decade ahead, investors should seek oppor...(more)
HSBC outlook for the first half of 2022
2022-01-14 13:36:42
HSBC Strategy Research report pointed out that if economic growth rebounds in line with or above expectations, it will open the door to "pretty aggressive" policy tightening by the Federal Reserve.
On the other hand, the Fed is unlikely to ...(more)
The World Bank expects global growth to slow to 4.1% in 2022
2022-01-13 12:56:21
The World Bank expects global growth to slow to 4.1% in 2022, and the slowdown in global growth will continue into 2023, with developing economies "hard landing" due to the continued outbreak of the new crown epidemic, reduced financial support from ...(more)