Economy

China plans new property tax; here’s how it may hit Australia

  • October 25, 2021 07:51 PM PDT
  • Ashish
 China plans new property tax; here’s how it may hit Australia

Highlights China has announced plans to roll out a pilot real estate tax amid the ongoing rise in real estate speculation across the country. The National People's Congress Standing Committee has provided the nod to the latest plan to promote "...

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Inside Apple Unleashed: Which new products were showcased?

Inside Apple Unleashed: Which new products were showcased?

  • October 18, 2021 06:11 PM PDT
  • Ashish

After focusing on iPhones and Apple Watches a month ago, Apple has now unveiled a whole bunch of new devices, including iPhones, iPads, and the latest Apple Watch. On 18 October 2021, the Cupertino-based tech giant announced new products namely Mac...

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Top US retailers get ready to capitalize on holiday sales, boost stocks

Top US retailers get ready to capitalize on holiday sales, boost stocks

Highlights Amazon.com, Inc. (NASDAQ: AMZN) had recently announced plans to hire 150,000 seasonal jobs across the US. Target Corporation (NYSE: TGT) has expanded its partnership with LEGO for a limited-edition collection under US$30.0, ahead...

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How US employee emergency savings accounts bolstering financial security

How US employee emergency savings accounts bolstering financial security

Highlights More US companies have launched employee emergency savings accounts to attract and retain staff members. Taking a cue from the covid crisis, the initiative is expected to provide Americans with an extra layer of financial security i...

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Why UK job vacancies reached record highs despite cooling unemployment?

Why UK job vacancies reached record highs despite cooling unemployment?

The Office for the National Statistics (ONS) reported UK job vacancies touched a record high of nearly 1.2 million in September. The rise came as several sectors are facing staff shortages and are searching for workers to meet the shortfall. The s...

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How about investing in gold right now

How about investing in gold right now

Highlights Gold is considered as a stable investment option as compared to the other volatile assets. Gold may not be a good diversifier in case of rising interest rates. Gold prices have a strong inverse relationship with real interest rates,...

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Fed signals bond-purchase taper by mid-Nov as inflation worries weigh

Fed signals bond-purchase taper by mid-Nov as inflation worries weigh

The Federal Reserve signalled on Wednesday it could start withdrawing its covid-era stimulus support by mid-November as a growing number of its policymakers felt the bank has reached its economic goals and worried that inflation might stay longer. ...

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US inflation exceeds forecast; food, rent, cars get more expensive

US inflation exceeds forecast; food, rent, cars get more expensive

US consumer prices jumped across the board in September from food, home rent, cars to electronics items, thanks to inflation which outpaced analysts’ expectations. The Labor Department’s latest Consumer Price Index (CPI) figures are li...

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US job openings fall to 10.4 mn, voluntary quits surge in August

US job openings fall to 10.4 mn, voluntary quits surge in August

Highlights Job openings dropped by 659,000 to 10.4 million in August. Voluntary resignation from jobs rose by 242,000 to 4.3 million. August saw the biggest drop in hirings in eight months. A record number of Americans have quit their job...

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Want to raise capital for your startup? Find out here

Want to raise capital for your startup? Find out here

Highlights Raising capital for startups is often challenging. Self-funding or loans from family and friends can be easier initially. Angel Investors or Venture Capitalists often fund promising startups. However, banks remain the traditional ...

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How are businesses handling UK’s rising cost pressures?

How are businesses handling UK’s rising cost pressures?

The UK’s government statistics body, the Office for National Statistics (ONS), has released a business survey result, according to which more and more British companies are increasingly passing on the rise in costs to their customers. About ...

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