Category: Economics
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U.S. Tax Legislation Update
By now most of you know that pending tax reform legislation is underway. On November 16th, the House of Representatives’ passed its version – HR 1: The Tax Cuts and Jobs Act. Also on November 16, the Senate Finance Committee approved its amendments. Next week we should see the full Senate’s vote. As promised during…
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FSDC holds forum to explore monetary and financial issues of Hong Kong
[box size=”large”]The Financial Services Development Council (FSDC) and the Chinese University of Hong Kong today (November 14) jointly hosted a forum to give students an opportunity to learn more about the monetary and financial issues of Hong Kong.[/box] Today’s forum, the 23rd event under the FSDC Practitioner Speakers Series, featured Non-Official Member of the Executive…
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China-Latin America and the Caribbean International Exposition
Creating a new platform for international cooperation and adding to the momentum for co-development ZHUHAI, China, Nov. 11, 2017 /PRNewswire/ — The China–Latin America and the Caribbean International Exposition (CLAC Expo) opened at Zhuhai International Convention & Exhibition Center on the morning of November 9, with 523 companies and organizations from 24 Latin American countries as well as 33 countries from…
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Asian Infrastructure Investment Bank Summit in Hong Kong
Hong Kong (HKSAR) – Following is the speech by the Financial Secretary, Mr Paul Chan, at the Financial Times-AIIB Summit today (November 1): President Jin (President of the Asian Infrastructure Investment Bank (AIIB), Mr Jin Liqun), Ms Mackay (Managing Director of Asia Pacific and Global Publisher of FT Live at the Financial Times, Ms Angela Mackay),…
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2017 CGAP Photo Contest Seeks Entries on Financial Inclusion, Microfinance, Digital Finance
WASHINGTON, D.C., July 25, 2017: Help capture and share the impact of financial inclusion around the world by submitting photos to the 2017 CGAP Photo Contest, now open for entries. Financial services play an important role in helping reduce extreme poverty and increase prosperity, yet two billion people remain financially excluded. They lack access to…
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The 10 U.S. Cities Where The Cost Of Living Is Rising Fastest
LOS ANGELES, June 19, 2017 /PRNewswire/ — American household debt totalled a record $12.73 trillion as of March 2017, so cost of living concerns are more pertinent than ever. Personal finance news and features website GOBankingRates conducted a study to identify which cities across America have seen the largest increase in cost of living expenses from…
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China’s FinTech will lead global development
HONG KONG, June 10, 2017 /PRNewswire/ — On 2nd June, world-renowned financial magazine, The Economist, hosted a summit titled “Finance Disrupted: Asia“ in Hong Kong. In addition to Morgan Stanley’s Managing Director, Crawford Jamieson, President of UBS Asia Pacific, Kathryn Shih, Executive Vice President of ANZ Group, Farhan Faruqui, and other international leading experts, a…
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Economic Indices
WASHINGTON, June 5, 2017 /PRNewswire-USNewswire/ — Following is the daily “Profile America” feature from the U.S. Census Bureau: ECONOMIC INDICES Profile America — Monday, June 5th. This date is notable in the realm of economics, for it marks three significant anniversaries in that science. Political economist Adam Smith was born on this date in 1723…
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GlobalData Travel and Tourism Survey 2017-2018
Majority of air travelers are travelling for business purposes rather than leisure. Online price comparison websites and airline websites are mostly preferred by travelers for booking air tickets, as these channels help them to save money by finding the best deals. Additionally, travel mobile apps are a great bonus for customers, as they are a…