Economy Archives - Assam

Hyundai IPO: Revving Up for India’s Biggest Public Offering 0

Hold onto your steering wheels, folks! Hyundai Motor India is set to make a grand entrance onto the stock exchange stage, with an IPO aiming to be the biggest the country has ever seen. Buckle up as we explore the details of this high-octane offering. IPO Details: Size and Scale Mark your calendars! Hyundai will

Inheritance Tax in India: What You Need to Know 0

Inheritance Tax, the process of receiving assets from a deceased loved one, can be a bittersweet experience. In many countries, a portion of the inherited wealth goes to the government as inheritance tax. But what about India? Does India Have an Inheritance Tax? The answer is no. Unlike many developed nations, India does not levy

Asia FX Edges Higher, Korean Won Surges Even As BOK Holds 0

Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won appreciating sharply even as the Bank of Korea held interest rates after 18 months of hikes. The South Korean won rose 0.6% and was the best-performing Asian currency for the day, even as

Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll 0
- Economy
- February 6, 2023
Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and the COVID situation in China impacting tech demand, according to a Reuters poll. Taiwan, a global hub for chip production and a key supplier to Apple Inc (NASDAQ:AAPL),
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China Q4 GDP Slows on COVID Woes, But Beats Expectations 0
- Economy
- January 17, 2023
The Chinese economy grew at a slower pace in the fourth quarter of 2022, data showed on Tuesday, as disruptions caused by the country’s now relaxed zero-COVID policy weighed heavily on business activity, although the reading still beat expectations. Chinese gross domestic product (GPD) grew at an annualized rate of 2.9% in the three months
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Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ 0
- Economy
- January 13, 2023
The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal Reserve to ease the pace of its interest rate hikes. At 03:05 ET (08:05 GMT), the US Dollar Index, which tracks the greenback against a basket of six other currencies,
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