SEOUL: South Korea on Wednesday (Jul 22) scaled back plans to impose capital gains taxes on stock investments in response to complaints by retail investors, but said it will hike taxes for top earners as part of changes in its annual tax code revision. It comes after retail investors...
Tesla Inc's rapid rise to become the world's most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how.
Self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV are expanding their autonomous vehicle partnership to commercial vehicles, and Fiat Chrysler will develop fully self-driving vehicles exclusively with Waymo going forward, the companies said on Wednesday.
Bank of Kyoto, a regional lender based in the ancient Japanese city, has a unique buffer against the hit to tourism from the coronavirus - dividends from local high-tech heavyweights.
THE Monetary Authority of Singapore (MAS) has slapped a S$1.1 million penalty on international trust Asiaciti Trust for inadequate safeguards against money laundering and terrorism financing – including its failure to monitor unusually large transactions by “politically exposed” customers.
The Environmental Protection Agency (EPA) is set to announce on Wednesday the first proposed U.S. emissions standards for commercial aircraft, officials briefed on the matter said.
SINGAPORE: A risk management framework for business events of up to 50 attendees has been developed by the Singapore Tourism Board (STB), and it will be trialed with two pilot events before gradually scaling up to other events. Business-to-business (B2B) events such as meetings, conventions ...
China has allocated a 330 million yuan (US$47 million) disaster relief fund to help farmers and agricultural production in southern provinces, as large parts of the country suffer the worst flooding in decades.
SYDNEY: Qantas Airways Ltd chief executive Alan Joyce signed the carrier's last Boeing Co 747 jet at Sydney airport on Wednesday (Jul 22), shortly before it was due to fly to the Mojave Desert for a retirement brought forward by the coronavirus pandemic. The journey marks the final flight...
The US Justice Department on Tuesday (Jul 21) indicted two Chinese nationals over their role in what the agency called a decade-long cyber espionage campaign that targeted defense contractors, COVID-19 researchers and hundreds of other victims worldwide.
