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The firm says that once it has sold off its remaining assets it will have as much as $16.3bn to cover the debts, which stand at around $11bn....
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SMIC, China’s biggest contract chip manufacturer, is seen as critical to Beijing’s ambitions of cutting foreign reliance in its domestic semiconductor industry as the U.S. continues to curb China’s tech power. SMIC lags behind Taiwan’s TSMC and South Korea’s Samsung Electronics, according to analysts....
Reports say that round 20 percent of China’s urban housing properties, roughly 65 million units, sit vacant. These “ghost cities” such as Tiandu Cheng, Thames Town, and Binhai sprawl across hundreds of square kilometers, boasting infrastructure, skyscrapers, and public spaces but are significantly underpopulated, with vast...
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Here is the study: www.tandfonline.com/doi/…/02673037.2024.2334797...
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One target of the UN Sustainable Development Goals is that by 2030, remittance fees should be less than 3%, and total fees to send and receive money between a pair of countries should be no more than 5%. Some researchers believe that to be truly affordable, the first goal should be even less than 3%....
Cross posted from: feddit.de/post/11697931...
As the title says, numerous banks in the U.K., maybe across the world, are raising interest rates on mortgages, and the given reason is cause inflation hasn’t fallen as much as expected. Can anyone give me a basic inflation, other than greed, as to why they’d do this?
Cross posted from: feddit.de/post/11575186...
Chinese quant hedge funds have been venturing into overseas markets for years, but their expansion has accelerated as the sector has become increasingly crowded at home and regulators tighten their supervision of a sector able to profit from market volatility....
Like several other Chinese property developers, Shanghai-based Shimao defaulted on offshore bonds in 2022....
Well I finished my taxes this year and they are finally accepted. Every year, we look at the market and the issues and decide on what provider to use. So here is a summary of our experience. Happy to hear your experiences too....
I have one mutual fund where cash dividends (there were no short gains this year) plus Box 7 (Foreign Tax Paid) is not equal to Box 1a (Ordinary Dividends). I have never seen such a thing before. Talked with the mutual fund company and they say it is correct. They claim in this case it includes and “interest adjustment” as...
Cross-posted from: beehaw.org/post/12949945...
Cross-posted from: beehaw.org/post/12949861...
My current Roth IRA positions are:...
Any ideas for alternative US tax forums or discussion boards similar to say Reddit Tax? Ideas?