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...Out of a total of 159mn shares, Samsung’s ruling Lee family, other Samsung affiliates and the KCC Corporation — a long-standing Lee family ally — control approximately 80mn shares....
...We also find that a relatively high share of those leaving western MSAs are from higher-income households....
...Hunt introduced £20bn of tax rises in the 2023-24 fiscal year, including freezing personal tax thresholds and higher corporation tax, the think-tank said....
...The portfolio shake-up, which was confirmed after a scheduled asset allocation review, will bring the California-based plan into line with other big retirement systems in the US, including Calstrs, which...
...The ISSB operates under the International Finance Reporting Standards Foundation, responsible for globally-accepted accounting standards....
...Each of these artists has participated in the Los Angeles arts community in a myriad of ways, assuming the roles of curator, writer and teacher in addition to artist....
...It can be so deflating when areas get overtaken by corporations and can turn into something akin to a shopping mall.”...
...“We believe that 25 per cent rate strikes the correct balance between the needs of our public finances and the demands of a competitive global economy.”...
...According to the finance ministry, corporation tax receipts for November — typically a bumper month — were €6.3bn, a 27 per cent or €1.3bn rise compared with the same month last year....
...But finance minister Michael McGrath cautioned that “while corporation tax is now 4 per cent ahead of 2022, it is clear that the era of persistent over-performances is coming to an end”....
...Pranab BardhanDistinguished Professor Emeritus of Economics, University of California Berkeley, CA, US...
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...The board of the International Finance Corporation is meeting on Thursday under growing pressure to pay compensation to alleged victims of child sexual abuse in a network of schools in Kenya operated by...
...Although the full state pension — currently £203.85 a week — is an important source of income across the income distribution, it is much more important for poorer households....
...“It has been an honour to lead and guide this massive global investment trust fund for the teachers of California,” said Ailman....
...The list of investments businesses can use to lower their corporation tax bill could be broadened, but alongside something to reduce the built-in bias towards debt financing....
...UK mortgages in arrears hit a seven-year high in the final quarter of 2023, according to official data that underlines the impact of high borrowing costs on households....
...Household debt is estimated to have doubled as a proportion of gross domestic product to 64 per cent over the past decade....
...Events: The Reserve Bank of Australia announces its interest rate decision....
...The boon accounted for three-fifths of all household income growth since the last quarter of 2021, the research found....
...Labour also this week dropped its £28bn annual target for green investment amid tight public finances....
...“After 2008, LA became a primary destination for multibillion-dollar investments from China,” says Stephen Cheung, chief executive of the LA Economic Development Corporation....
...The Bank of Japan calculates that only 13 per cent of Japan’s liquid household assets are in equities, against more than 40 per cent in the US and 21 per cent in Europe....
...The pace of further rate rises will depend on several factors, not least whether local companies and households are able to handle higher borrowing costs....
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