A stocks rally following Donald Trump’s US election win lost steam Tuesday as traders looked to consolidate recent gains, sending major indices lower on both sides of the Atlantic.The euro hit a one-year low and the pound fell against the dollar, which has been invigorated by expectations that Trump’s trade policies could keep interest rates …
Global stocks slip as markets take post-US election breather Read More »
A former Wall Street Journal reporter began proceedings Tuesday to sue the newspaper for “unreasonable dismissal”, after she said she was fired for taking up a role heading a Hong Kong press union.Selina Cheng reported on the Chinese electric vehicle industry for the newspaper before she was made redundant in July, weeks after she was …
Hong Kong press union head sues WSJ for ‘unreasonable dismissal’ Read More »
China is looking to slash taxes on home purchases as the government strengthens fiscal support for its ailing real estate sector, a media report said on Tuesday. Regulators are preparing a proposal that would enable major cities such as Shanghai and Beijing to reduce the deed tax for buyers to as low as one percent from …
China planning to cut taxes on home buying: report Read More »
