These charts show the highest and lowest corporate tax rates around the world

Britain’s Chancellor of the Exchequer Rishi Sunak (center), U.S. Treasury Secretary Janet Yellen (right) attend the first day of the G-7 Finance Ministers Meeting at Lancaster House in London on June 4, 2021. Stefam Rousseau | AFP | Getty Images Finance ministers from the Group of Seven (G-7) advanced nations agreed on Saturday to back … Read more

Asia stocks rise; China’s May trade data ahead

SINGAPORE — Shares in Asia-Pacific rose in Monday morning trade as investors looked ahead to Chinese trade data for May. The Nikkei 225 gained 0.68% in early trade while the Topix index edged 0.21% higher. South Korea’s Kospi advanced 0.46%. In Australia, the S&P/ASX 200 climbed 0.17%. MSCI’s broadest index of Asia-Pacific stocks outside Japan … Read more

U.S. boosts Taiwan’s Covid-19 fight with 750,000 vaccine doses

People wait in line at a temporary Covid-19 rapid testing center in the Wanhua area of Taipei, Taiwan, on Saturday, May 15, 2021. I-Hwa Cheng | Bloomberg via Getty Images The United States will donate 750,000 Covid-19 vaccine doses to Taiwan as part of the country’s plan to share shots globally, U.S. Senator Tammy Duckworth … Read more

G-7 nations are close to reaching a historic global tax deal

Britain’s Chancellor of the Exchequer Rishi Sunak (center), U.S. Treasury Secretary Janet Yellen (right) attend the first day of the G-7 Finance Ministers Meeting at Lancaster House in London on June 4, 2021. Stefam Rousseau | AFP | Getty Images Group of Seven rich nations will seek to overcome long-standing differences on Saturday and strike … Read more

Hong Kong’s economy is not out of the woods despite sharp rebound, says commerce secretary

Hong Kong’s economy has rebounded sharply after being hit by the Covid-19 pandemic — but it’s not out of the woods yet and some sectors are still reeling, said the city’s top trade official. “The distribution of this rebound is rather uneven,” Edward Yau, Hong Kong’s secretary for commerce and economic development, told CNBC’s “Squawk … Read more

Asia-Pacific stocks mixed; private survey on Chinese factory activity in May ahead

The Caixin/Markit manufacturing Purchasing Managers' Index for May is expected to be released at 9:45 a.m. HK/SIN on Tuesday. Source link

Malaysia stocks down 1% as country heads for ‘total’ Covid lockdown

A man wearing a facemask as a protection against Covid-19 walks past two Malaysian flags in capital city Kuala Lumpur. Faris Hadziq | SOPA Images | LightRocket via Getty Images Stocks in Malaysia fell in early Monday trade as the government announced a nationwide “total lockdown” to curb the rapidly rising daily Covid-19 infections in … Read more

Asia-Pacific stocks mixed; China’s official manufacturing activity data for May ahead

SINGAPORE — Shares in Asia-Pacific were mixed in Monday morning trade, as investors look ahead to the release of China’s official manufacturing Purchasing Managers’ Index for May. The Nikkei 225 in Japan slipped 0.34% in early trade while the Topix index shed 0.36%. Japan’s retail sales rose 12% in April as compared with a year … Read more

Twitter says it is concerned about the safety of its India staff after police visit office

The Twitter logo is displayed on a smartphone screen on April 14, 2021. NurPhoto | NurPhoto | Getty Images Twitter said on Thursday it was worried about the safety of its staff in India, days after police visited its office as part of a probe related to the social media firm’s tagging of some ruling … Read more

India isn’t the only one. Covid cases are rising at record levels in these places too

A patient receives oxygen while she waits outside a hospital in Kathmandu, Nepal on May 13, 2021. Government hospitals in the country lack beds for Covid-19 patients. Sunil Pradhan | Anadolu Agency | Getty Images India is currently at the epicenter of the global coronavirus pandemic — but it is not the only country with … Read more