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Business Maverick: Wednesday, July 24: Five Things You Need to Know to Start Your DayTrade talks between China and the U.S. are back on. And Beijing would like Washington to keep its mitts off of Hong Kong. Here are some of the things people in markets are talking about today.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: U.S. Negotiators to Head to China Monday for Face-to-Face TalksU.S. Trade Representative Robert Lighthizer and senior U.S. officials are set to travel to China next Monday for the first high-level, face-to-face trade negotiations between the world’s two biggest economies since talks broke down in May.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: IMF Cuts Global Growth Forecast Again as ‘Missteps’ Fuel ConcernThe International Monetary Fund further reduced its global growth outlook, already the lowest since the financial crisis, and suggested that policy “missteps” on trade and Brexit could derail a projected rebound.
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BUSINESS MAVERICK: Naspers’ Amsterdam listing elicits taxing questionsA kerfuffle has broken out among asset management companies about a scheme to avoid the immediate payment of capital gains tax in the process of Naspers’ listing in Amsterdam. Some say it’s tax avoidance rather than tax evasion. Others say it’s risky and opens shareholders to a tax challenge, so they are advising their clients to not do it. It shows Naspers shareholders face more than one tricky choice they should consider carefully.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: Most South Africans can’t afford to retire, but there is a possible solutionChances are that when you reach retirement age you will have made too little provision to do so in comfort, or in some instances do so at all. It’s not just about a lack in savings culture – times are tough and every penny has been accounted for. But industry players say we can still turn this sinking ship around, and Retirement Benefits Counselling is where we should start.
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BUSINESS MAVERICK: Why investing in high-flying Kumba may not be a good ideaThe iron ore producer has delivered stellar results, is cash-flush and it gives most of it back to shareholders. Its stock price has also been one of the best performers on the JSE over the past six months. But, despite this, the stock is not on many analysts’ shopping lists. DURITZ79 Hebbana...dis People they are on a mission....
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