Hong Kong aims to strengthen its position as a global financial hub by introducing tax exemptions on cryptocurrency gains for hedge funds, private equity funds, and specific family offices, in efforts to enhance its wealth management appeal.
U.S. stock market indices, the S&P 500 and Dow Jones Industrial Average, have set new records, with the former advancing for a seventh consecutive session. Leading the gains were top tech stocks such as Microsoft and Amazon, each seeing over a 2% rise. Amidst these triumphs, the pharmaceutical sector received a boost due to potential…
Wall Street witnessed a historic rally with record finishes for major indices, fueled by investors betting on sectors expected to benefit from President-elect Trump’s policies. Financial, tech, and cryptocurrency markets saw significant gains amidst promises of reduced regulations and innovative economic approaches.
