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Singapore's Keppel launches major revamp, review of offshore and marine business
SINGAPORE (Reuters) - Singaporean conglomerate Keppel Corp said on Tuesday it had identified assets worth S$17.5bil (US$12.8bil) that could potentially be monetised, including through sales, and started a review of its lossmaking offshore and marine (O&M) business.
TikTok, WeChat security threat has yet to be proven, judges say
Two US federal judges have ruled this month that the Trump administration failed to prove Chinese-owned apps used by millions of Americans pose enough of a national security threat to justify a US ban.
LEGAL STEPS TOWARDS FINANCIAL RECOVERY
The Covid-19 Corporate Rescue Mechanism offers legal assistance to suffering businesses
The $4 trillion U.S. government relies on individual taxpayers
WASHINGTON (Reuters) - The U.S. government's over $4 trillion (£3.12 trillion) annual budget, the world's largest, relies heavily on individual wage earners whose taxes and retirement benefits are deducted from every paycheck, leaning particularly on the top 20% of income earners.
Trump tax revelations spark outrage among some, but supporters defend president
WASHINGTON (Reuters) - A report that Donald Trump paid little or no federal income tax in recent years sparked broad outrage on Monday, from rich Democrats to teachers and coffee shop workers taking to social media to claim they had paid more taxes than the U.S. president.
Biden campaign tees up Trump tax issue on eve of first debate
WASHINGTON/WILMINGTON, Del. (Reuters) - Joe Biden's campaign seized on a fresh line of attack on the eve of the Democratic presidential nominee's first debate with President Donald Trump, accusing the Republican incumbent of gaming the system to avoid paying his fair share of taxes.
TNB takes lion’s share of SPG for RM283mil
PETALING JAYA: Tenaga Nasional Bhd (TNB) has acquired an additional 19% stake in subsidiary Southern Power Generation Sdn Bhd (SPG) and 13% Class B redeemable preference shares from SIPP Energy Sdn Bhd for RM283mil.
Big test for Malaysian bonds
PETALING JAYA: Already on the verge of being removed from the World Government Bond Index (WGBI), Malaysia faces another issue affecting its position in the index.
