• Sun, February 9, 2025

by: MSN

Consumer protection agency CFPB neutralized by Trump's new chief

The U.S. Consumer Financial Protection Bureau was rapidly defanged over the weekend with all activities suspended, its upcoming funding facing a cut and its headquarters temporarily shuttered, removing a layer of oversight over consumer-facing financial companies.

by: Reuters

Taiwan looks to buy Alaskan natural gas as seeks to head off US tariffs

Taiwan is "quite interested" in natural gas from Alaska and will continue to assess the feasibility of purchases, the economy ministry said on Monday, as the government looks to narrow the trade surplus with the United States and head off tariffs.

by: MSN

Youths plan early for future

To most young people in their 20s and 30s, the idea of retirement may seem like a distant prospect, one that they put off thinking about until later in life. Read full story

by: Reuters

Japan runs record current account surplus in 2024 on foreign investment returns

Japan's current account surplus jumped to a record last year, data from the finance ministry showed on Monday, as a weaker yen boosted returns on foreign investments that helped to comfortably offset a trade deficit.

by: MSN

Can We Achieve Sustained High Growth?

Until 1991, the union budgets used to evoke a lot of excitement for the wrong reasons. Given the prevailing license-permit-quota raj and oppressive government control of economic activity, tinkering with excise and customs duties used to be the favourite pastime of finance ministers.

by: MSN

Top Layer 1 New Crypto Presale Opportunities to Invest in 2025: 6 Coins Unlock Massive Potential and Gains!

Cryptocurrency has proven to be a rollercoaster ride for many investors. Every year, new coins are introduced, and the market's volatility can make or break fortunes almost overnight. But amidst all the hype and uncertainty,

by: MSN

Better to give incentives for local content, says business group

  • Mon, February 10, 2025

by: ProPakistani

Govt Likely to Withdraw Excise Duty on Property Transfer

The federal government is expected to withdraw the federal excise duty (FED) on the transfer of plots and commercial properties under the Finance Act 2024

by: Indiatimes

Stock Market Highlights: Nifty to extend weakness below 23,290, forms red candle. How to trade on Tuesday

Stock Market Highlights | The Nifty index opened on a marginal negative note, saw selling pressure, and finally settled the day on a negative note at 23,382 level. The volatility index, India VIX, rose 5.

by: business

OutstandingBrands2025: Fidelity Bank's journey from bold beginnings to unmatched leadership

A legacy of bold beginnings In 2006, at a time when banking halls were cold, transactional spaces with tellers barricaded behind cages, Fidelity Bank Ghana dared to ask: What if banking could be human?

by: Tuko

Kenya Airways Announces 13 Job Vacancies in Nairobi

Kenya Airways has announced 13 job vacancies across operations, finance, IT, and human resources, inviting qualified candidates to apply before the deadlines.

by: coloradopolitics

CO PO Calendar | Feb. 10-16

CoPo's weekly political calendar will help you find political and public-policy events throughout Colorado. It includes candidate and issue campaign events, public policy meetings, court hearings, sta

by: Kiplinger

These 6 Things Retirees Grew Up With Are Going Away or Are Gone

Over the past six years the number of checks written has declined at a rate of 7.2% per year. At the peak in 1995, 49.5 billion checks were written annually. As of 2022, it fell to 11.2 billion, a more than 77% decline, according to the Federal Reserve.

by: Reuters

Comment: Sustainability is under unprecedented attack. Here's how we can fight back

Those working for a sustainable future are under attack. Progress is being dismantled and a new reality is hitting hard. And yet there's no shared plan for what comes next. The time for passive observation,

by: AOL

Elon Musk reportedly offers $97.4B for OpenAI. Sam Altman says 'no thank you'

Altman posted his response to Musk, which was first reported by The Wall Street Journal. The offer is a significant reduction in OpenAI's valuation. According to CNBC, SoftBank plans to invest $20 billion in OpenAI at a valuation of $240 billion.

by: cnbctv18

Bizloan bags ?35 crore in Series A funding, to expand technology and branch network

Bizloan, a non-banking finance company (NBFC) for small and mid-sized firms, landed an investment of ₹35 crore in a Series A funding round. The round was co led by the Michael and Susan Dell Foundation and Blinc Invest.

by: CNET

Homeowners, Tax Credits and Deductions for Your House Can Give Your Tax Refund a Big Boost

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is essentially your taxable income. Any home improvements -- safety bars, accessibility ramps, wider doorways, railings and lifts, for example -- related to medical conditions can be included in your tax deductions for medical expenses.

by: Reuters

UBS whistleblower verdict thrown out despite US Supreme Court win

A former UBS bond strategist who persuaded the U.S. Supreme Court to make it easier for corporate whistleblowers to win retaliation lawsuits suffered a setback on Monday, as a jury verdict awarding him back pay and other damages was thrown out.

by: cnbctv18

Income Tax Bill LIVE updates: New bill expected to be tabled in Parliament by FM this week

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the no-tax limit from ₹7 lakh to ₹12 lakh and introduced revised tax slabs.

by: AOL

What Will Happen If Congress Doesn't Extend the Expiring Tax Cuts and Jobs Act in 2025?

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act of 2017 (TCJA) may have gotten a reprieve. The sweeping tax legislation

by: Indiatimes

Sensex Today | Stock Market LIVE Updates: Sensex falls over 750 pts, Nifty below 23,350; all sectoral indices trade in the red

Stock Market LIVE Updates | Benchmark equity indices Sensex and Nifty traded lower on Monday, as global trade concerns dampened investor sentiment following U.S. President Donald Trump announcement to impose reciprocal tariffs on several countries this week.

by: Kiplinger

Six Risks of Delaware Statutory Trusts in 1031 Exchanges

Here's how proper preparation can help you successfully navigate these DST risks, from market uncertainties to structural limitations.

by: Tuko

Safaricom Advertises Internship Opportunities for Kenyan Students and Graduates, How To Apply

Safaricom said the Annual Internship Program for 2025/26 will be offered across different departments including Human Resources, Finance, and Cyber Security.

by: Reuters

Dongfeng Motor shares surge as restructuring plans prompt merger speculation

Shares of Dongfeng Motor soared as much as 85.8% in Hong Kong on Monday after the Chinese automaker said its parent was planning a restructuring, stoking speculation that some of the state-owned players could be merged as competition grows.

by: MSN

Scott Levin, Elmhurst Mayoral Candidate

Mayor Scott Levin is one of the two candidates for Elmhurst mayor in the April 1 election. The other is Mark Mulliner, a former longtime alderman. Here are Levin's responses to the Patch questionnaire: Name: Scott M.

by: Reuters

Moody's warns of triple-A threat if Trump pulls World Bank support

The triple-A ratings of the World Bank and other top multilateral lenders would be at risk if the United States withdraws support for them following a review ordered by U.S. President Donald Trump, credit rating agency Moody's warned.

by: Reuters

Hyatt to acquire Playa Hotels for $2.6 billion

Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net of cash, the company said on Monday, seeking to expand its presence in Mexico and the Caribbean.

by: MSN

Amazon to Pass Walmart and Become America's Largest Company

Walmart Inc. (NYSE: WMT) has been the largest public company in the United States for most of the 20th century, having taken the crown from General Motors. Several megacap tech companies have grown fast enough that Walmart was unlikely to keep its lead forever.

by: MSN

Top 10 Self-Made Entrepreneurs Who Turned Vision into Reality

Do you know what it takes to turn a vision into reality? For self-made entrepreneurs, it's a combination of resilience, innovation, and relentless drive for success. These visionaries build thriving companies from the ground up,

by: Reuters

Singapore's DBS surges to record on higher margins, capital return plans

DBS Group , Singapore's biggest bank, posted a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing on Monday.

by: Reuters

Billionaire Trump says time's up for lowly US penny

U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his Truth Social media account on Sunday.

by: MSN

Mukesh Ambani's bahu Radhika Merchant vs Gautam Adani's bahu Diva Shah: Who is richer? Check their educational qualifications

The two biggest business tycoons in India, Gautam Adani and Mukesh Ambani, are in the headlines not only for their wealth but also for their families. Marriages in both families have also been high-profile.

by: MSN

Retain first and recruit later as higher employer costs loom

Yet April 2025 adds an extra dimension of pressure in the form of rate rises - specifically the long-anticipated increase to employer National Insurance contributions (NIC). Employer NIC is changing on two fronts: from April 6 the contribution rate will increase from 13.

by: MSN

WSJ Crossword February 11 2025 Answers (2/11/25)

Our WSJ Crossword February 11, 2025 answers guide should help you finish today's crossword if you've found yourself stuck on a crossword clue. The Wall Street Journal Crossword is a well-known and respected puzzle that appeals to solvers looking for a challenging and thought-provoking experience.

by: MSN

Poland's Tusk expects $160 billion of investment in 2025 to spur growth

Poland is likely to see total investment of more than 650 billion zlotys ($160 billion) in 2025, Prime Minister Donald Tusk said on Monday, as the government unveiled a package of measures including tax cuts and deregulation to spur growth.

by: MSN

Will AI take our jobs? North West's top tech entrepreneurs have their say at Turing Innovation Catalyst showcase

The Turing Innovation Catalyst (TIC) launched in 2023 to help North West startups to grow using AI and other digital technologies. The TIC's accelerator programme aims to help s

by: MSN

As tariffs loom, the UK-India trade deal is all the more important

Tariffs are the road to ruin. But the UK still has many opportunities with trade partners like India, writes Lord Mayor Alastair King.

by: MSN

ASML Holding N.V. (ASML): A Bull Case Theory

We came across a bullish thesis on ASML Holding N.V. (ASML) on Substack by Daan Rijnberk. In this article, we will summarize the bulls' thesis on ASML. ASML Holding N.V. (ASML)'s share was trading at $727.

by: MSN

Sustainability Network Partners With Columbia Global Center Mumbai For Expert Insights On Sustainability

Sustainability Network has joined hands with the Columbia Global Center Mumbai for a groundbreaking series of video interviews focused on sustainability. This initiative is a multi-platform storytelling initiative aimed at driving awareness and action on the planet's most pressing challenges.

by: MSN

Budget 2025: The dawn of simplified taxation - Union Budget's vision for growth

Budget is not just about numbers, it's about empowering citizens, strengthening trust, and igniting economic growth.

by: MSN

Hospitality in crisis - so what will new ministers do?

Chancellor's claim that draught duty reduction 'would shave a penny off a pint' just added insult to injury for publicans and the entire hospitality sector

by: MSN

Ten apprentices build careers across teams in eQS' dynamic apprenticeship programme

South Tyneside headquartered eQuality Solutions Group (eQS) is celebrating the success of its immersive apprenticeship programme, which ensures apprentices don't just learn - they thrive, with the aim of becoming integral members of the company.

by: MSN

Study reveals stock market's volatile response to Trump's 2024 victory

Financial markets are reacting not just to Donald Trump's return to the White House but also to the unpredictability of this victory, according to a new study from the University of Surrey. Investors must diversify their portfolios to mitigate risks associated with political volatility and to remain vigilant about the potential for abrupt market corrections.

by: MSN

WSJ's Tim Higgins on Elon Musk's playbook: A win begets a win in his thinking

Tim Higgins, Wall Street Journal business columnist, joins 'Squawk Box' to discuss Elon Musk's growing influence in Washington, how Musk is bringing his business playbook to DC, and more.

by: MSN

Leo, Daily Horoscope Today, February 10, 2025: Caution is advised in decision-making and spending

Leo may face temporary challenges in confidence and motivation, impacting productivity and financial stability. Caution is advised in decision-making and spending. Relationship tensions could arise, requiring open communication.

by: MSN

Budget 2025: MSME definition revision a 'good decision,' says India Inc; seeks more 'aha moments' for ease of doing business

Experts have hailed certain measures announced in the Budget aimed at supporting MSMEs and exports; however, they are advocating for further streamlining of processes that can enable ease in customs and regulatory updates.

by: MSN

Budget 2025: Government rationalises amalgamation provisions - losses now limited to 8 years from original year

The budget's overarching theme focused on regulatory and policy changes aimed at easing the burden on taxpayers. During the budget speech, specific emphasis was placed on rationalising merger provisions in India through introduction of procedures which is likely to be aimed at reducing regulatory hurdles.

by: MSN

INTERVIEW | 'Census, per capita income reasons for low budget allocation': TM Vijay Bhaskar

Former chief secretary and ex-chairman of the Second Karnataka Administrative Reforms Commission TM Vijay Bhaskar spoke to TNIE editors and reporters on the State and Union budgets, importance of having an elected local body in Bengaluru,

Better to give incentives for local content, says business group

The Irish Chamber of Commerce Malaysia said a rule requiring local content may make it more difficult to conduct business and create inefficiencies.
The article from MSN discusses the perspective of the Malaysian Employers Federation (MEF) on the government's approach to economic incentives. MEF president Datuk Dr Syed Hussain Syed Husman emphasized that instead of providing broad subsidies, the government should focus on giving incentives that promote local content and value addition. He argued that this strategy would not only help in reducing the country's reliance on imports but also boost local industries, create jobs, and enhance economic resilience. The article highlights the need for a shift in policy to support local businesses more effectively, especially in light of global economic challenges and the need for sustainable economic practices.

Read the Full MSN Article at:
https://www.msn.com/en-my/money/economy/better-to-give-incentives-for-local-content-says-business-group/ar-AA1yIlsh

Like: 👍