Finance

South Korea Scraps Plans to Raise Capital Gains Tax

South Korea Scraps Plans to Raise Capital Gains Tax

(Bloomberg) — South Korea has abandoned a controversial plan to lower the capital gains tax threshold for stock investors, marking President Lee Jae Myung’s first major policy reversal...

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The Federal Reserve is about to have an extremely awkward meeting

The Federal Reserve is about to have an extremely awkward meeting

Wall Street is looking ahead to a highly anticipated meeting of Federal Reserve policymakers, who are widely expected to lower interest rates for the first time this year amid relentless pressure...

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Oil holds gains as investors eye impact from attacks on Russian energy facilities

Oil holds gains as investors eye impact from attacks on Russian energy facilities

By Florence Tan SINGAPORE (Reuters) -Oil prices were little changed on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries that could disrupt its crude and fue...

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Klarna seeks growth beyond buy now, pay later as its stock goes public

Klarna seeks growth beyond buy now, pay later as its stock goes public

These days, more people are tapping into buy now, pay later plans for everything from clothes to concert tickets. How it works: In many cases, people take out small loans, which carry no interest ...

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Stocks hesitate in Asia with a lot riding on the Fed

Stocks hesitate in Asia with a lot riding on the Fed

By Wayne Cole SYDNEY (Reuters) -Stocks got off to a quiet start in Asia on Monday ahead of an action-packed week that is seemingly certain to see the U.S. Federal Reserve resume its easing cycle,...

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Chronic Oil Volatility Becomes Oil’s New Normal

Chronic Oil Volatility Becomes Oil’s New Normal

As the IEA is about to revise its peak oil demand scenario radically, the global oil market is undergoing a shift that looks like it’s going to be permanent. Demand growth is being driven by Asia...

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