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Business 14 Nov 2019 | 7:00 AM

India to consider shifting dividend tax to investors from firms

NEW DELHI: India is considering changes to its dividend distribution tax, according to people with knowledge of the matter, in a bid to goad companies to boost spending and revive foreign fund inflows.

Economy 08 Nov 2019 | 7:00 AM

This is what awaits South Africa if Moody’s cuts its rating to junk

Dubai: Most analysts following South Africa expect it to lose its final investment-grade rating. But they disagree over when that might happen and what the consequences would be

Business 28 May 2019 | 12:22 PM

Egypt mulls Edra Power, Blackstone offers to take over power plants

CAIRO (Bloomberg) -- Egypt is considering offers from a Blackstone Group unit and Edra Power Holdings Sdn Bhd to take over three power plants co-built by Siemens AG -- a move that could cut the North African nation’s debts while bringing in much-needed foreign investment.

Business 11 Mar 2019 | 12:00 AM

It’s time to find out how the world’s No. 2 economy is faring

LONDON: Investors will this week finally get a comprehensive read of how China’s economy is faring this year as worries mount over the outlook for the rest of the world.

Corporate News 29 Oct 2018 | 12:14 AM Premium

Countries push digital taxes on tech giants

Europe’s proposal to impose a new tax on companies like Facebook and Google is inspiring governments in Asia and Latin America

Investment 15 Oct 2018 | 12:00 AM

Bond traders eye Fed speakers for sign of doubt

NEW YORK: Bond traders will look to key Federal Reserve speakers this week for any signs that officials are wavering from their plans to keep hiking rates gradually after US stocks suffered their worst weekly sell-off since March.

Economy 12 Dec 2017 | 11:39 PM

US government posts US$139b deficit in November

WASHINGTON: The U.S. government reported a $139 billion deficit in November, the Treasury Department said on Tuesday.