Financial income tax, discussion toward the end of the year considering market trends-Miyazawa tax commission chairman-Bloomberg

Yoichi Miyazawa, chairman of the Liberal Democratic Party’s tax system research, said that he would consider revising financial income taxation during the ruling party’s discussions on tax reform toward the end of the year, while also taking market trends into consideration. 17, he said in an interview with reporters. Mr. Miyazawa pointed out that there … Read more

China’s semiconductor industry, ignoring US sanctions… Korea’s semiconductor concerns ‘continue’

Shenzhen, China to expand semiconductor cluster, announces semiconductor development planChina does not give up its semiconductor business despite all-round U.S. regulationsThe prospect of a prolonged US-China conflict raises concerns about the Korean semiconductor industry Chinese President Xi Jinping [이미지출처=연합뉴스] 湲 蹂肄 [아시아경제 김평화 기자] Although the US is adding regulations on semiconductors to China every … Read more

‘Horrible CPI’: Fed to Hike Big Rates, Marketers Say – Bloomberg

Wall Street had hoped the Fed might be able to ease its attack on inflation later this year. This hope was definitively dashed on the 13th. The U.S. consumer price index (CPI), released Wednesday, posted better-than-expected gains in September, pushing the core index, which excludes volatile food and energy, to a 40-year high. U.S. core … Read more

FOMC Affairs, interest rate hikes to inhibitory levels -Voices that need to be adjusted -Bloomberg

At a meeting held by the US Federal Open Market Committee (FOMC) on September 20-21, authorities raised policy rates to the economic rate in a short period of time, and to reduce inflation to target values. He showed a policy to maintain at that level. It was revealed in the issues published on the 12th. … Read more

El-Erian Says Fed Tightening Is ‘Hard Brake’, Repercussions Global – Bloomberg

Mohamed El-Erian, chief economic adviser to Allianz in Germany, said on Thursday that an aggressive Fed tightening would not only hurt the U.S. economy, but also affect other economies. Statement on Bloomberg Television. “We’re not hitting the brakes, we’re hitting the brakes,” he said of the rapid rate hikes to deal with inflation. This is … Read more

September CPI Better Than Expected, Stocks Could Plunge 5% – JPMorgan – Bloomberg

last weekm Employment StatisticsAs the Fed’s dovish turn seems to have been ruled out, speculators are getting more risky ahead of the release of the US Consumer Price Index (CPI) on the 13th. If year-over-year growth surpasses last month’s 8.3% gain, it would be a big problem for the stock market, according to JPMorgan Chase … Read more