United States

UK Scraps 'Non-Dom' Tax Status, Aims to Raise £2.7 Billion Annually

UK Finance Minister Jeremy Hunt plans to eliminate the "non-dom" status in the UK, aiming for a fairer, more competitive global tax system.

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Gold Hits Record High Amid U.S. Monetary Easing Expectations and Geopolitical Tensions

The Middle East's geopolitical instability has fueled gold price hikes, with investors anticipating a Federal Reserve rate decrease.

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Brazil's Top Soybean Hub Mayor Courts Cargill and COFCO for Grain Crushing Boost

The mayor of Sorriso, Brazil's leading soybean producer, plans to attract investments for the local grain crushing industry, highlighting the region's global agricultural potential and promoting the establishment of new crushers.

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IRS to Go After 125,000 High-Earning Americans Who Did Not File Tax Returns Going Back to 2017

To improve tax compliance and ensure fairness, the Internal Revenue Service (IRS) is going after 125,000 people who earned over $400,000 annually but did not file tax returns between 2017 and 2021.

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US CDC Issues New COVID-19 Guidelines, Ending 5-Day Isolation Period for Americans Who Test Positive

Americans who test positive for COVID-19 would no longer need to be isolated for at least five days before returning to work or school, according to new guidance released by the Centers for Disease Control and Prevention (CDC).

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US Inflation Inches Up in January, Marking Smallest Annual Increase in Three Years

The Federal Reserve may decrease interest rates in June following the lowest annual gain in over three years in the United States.

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Singapore Invests $15 Billion in Cutting-Edge F-35A Jets

Singapore plans to acquire eight Lockheed Martin Corp. F-35A fighter planes for its defense, accelerating the country's procurement of advanced military aircraft amid tensions in the region.

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Shein Is Eyeing London IPO Due to Challenges of Listing in the US

Shein is reportedly looking into switching its initial public offering (IPO) from New York to London due to possible issues with a listing in the United States.

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US Allows China to Increase Weekly Passenger Flights to 50 Ahead of Summer Travel Season

The United States Department of Transportation (USDOT) said Monday that Chinese passenger airlines would be permitted to increase their weekly round-trip US flights to 50.

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US Judge Approves Binance $4.3 Billion Guilty Plea as Prosecutors Seek Changes to Founder Changpeng Zhao's Bond

A US judge approved the $4.3 billion penalty for Binance on Friday.

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Biden Administration to Impose New Sanctions on Iran for Its Arms Sales That Bolster Russia's Defense Against Ukraine

The Biden administration is reportedly preparing to announce new sanctions on Iran in retaliation for its arms sales that have fortified Russia's defenses amid war with Ukraine.

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New Drug to Prevent Severe Food Allergies Gets FDA Approval

New Drug to Prevent Severe Food Allergies Gets FDA Approval

The US Food and Drug Administration (FDA) has approved a new drug called Xolair that could be life-changing for those with severe food allergies.

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US Is Considering Slapping Sanctions on Chinese Companies Helping Russia Fuel Its War in Ukraine

US Is Considering Slapping Sanctions on Chinese Companies Helping Russia Fuel Its War in Ukraine

The United States (US) is reportedly considering imposing sanctions on Chinese companies suspected of helping Russia in its war in Ukraine.

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China's Foreign Minister Urges the US to Lift Sanctions on Chinese Companies

China's Foreign Minister Urges the US to Lift Sanctions on Chinese Companies

China's Foreign Minister Wang Yi urged the United States to lift sanctions on Chinese companies and individuals and emphasized that efforts to decouple from China would ultimately hurt the US.

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US Dollar Is Still the World's Reserve Currency, Fed Governor Says

US Dollar Is Still the World's Reserve Currency, Fed Governor Says

Federal Reserve Governor Christopher Waller has affirmed that the US dollar will remain the world's reserve currency.

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