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Top News In ஒன்றுபட்டது கிஂக்டம் அதிபர் சுனக் Today - Breaking & Trending Today

Futures Jump, China Soars After Beijing Promises More Stimmies

Futures Jump, China Soars After Beijing Promises More Stimmies
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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UK: Equities to benefit amid a successful immunisation programme – HSBC


Mar 5, 2021 09:52 GMTFXStreet News
UK Chancellor Sunak has announced an increase in corporation tax to 25% in 2023 from 19% currently, but has also extended important income support measures. Overall, following the policies announced in the Budget economists at HSBC maintain that the UK is well placed to generate a strong economic recovery from Q2 2021 and believe an overweight view on UK equities remains justified, although are cognisant of potentially subdued returns.
Key quotes
“UK Chancellor Rishi Sunak announced that levels of taxation would rise in the coming years in order to close a gap in the public finances created by the Covid-19 pandemic. In particular, the rate of corporation tax will rise to 25% in 2023 from 19% currently, and income tax thresholds will be frozen from 2022 until 2026. Importantly, however, income support measures remain in place. The UK Job Retention Scheme has been extended until September, protecting household finances as pandemic-rel ....

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Market Rollercoaster Continues As Global Markets Rebound From Tuesday Rout


by Tyler Durden
Wednesday, Mar 03, 2021 - 08:01 AM
Once again market sentiment has reversed violently - or rather the opposite - overnight, with yesterday s late day spoo slump inspired by the short squeeze in Rocket Mortgage - which forced hedge funds to liquidate their best positions - being faded and on Wednesday Emini futures jumped 0.6%, global shares gained with European indexes echoed positive moves in Asia, as a recent retreat in Treasury yields fuelled demand for riskier assets. even though the 10Y has rebounded 5bps to 1.45% overnight as focus again turned back to the stimulus-fueled recovery from the pandemic. The MSCI world equity index gained 0.4% while oil halted its longest losing streak since December. ....

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TOP NEWS SUMMARY: Prudential plans equity raise amid shift to Asia


TOP NEWS SUMMARY: Prudential plans equity raise amid shift to Asia
Wed, 3rd Mar 2021 11:10
(Alliance News) - The following is a summary of top news stories Wednesday.
COMPANIES
Prudential reported a rise in annual profit despite a fall in revenue, mitigated by narrowed charges, but cut its final payout to a sliver of what it once was as the company faces challenges in the short-term. The insurer also announced an equity raise as it expands in Asia, and a renewed bancassurance partnership between its Vietnamese business Prudential Vietnam Assurance Private Ltd and Maritime Commercial Joint Stock Bank. Prudential posted IFRS pretax profit for 2020 of USD2.42 billion, rising 5.7% from USD2.29 billion a year prior, off of reduced total charges net of reinsurance of GBP54.07 billion, having been GBP91.85 billion in 2019. The reduced total charges mitigated a 40% fall in total revenue net of reinsurance to USD55.97 billion from USD93.74 billion, as earned premiums net of ....

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