State Council move applies to corporate income tax and domestic value-added tax, domestic consumption tax and other levies.
Group makes offer for all the shares of SPH via a scheme of arrangement and at S$2.10 per share in cash.
Share fall follows People’s Bank of China official warning that some overseas securities institutions have not obtained domestic licences.
CITIC dominates underwriting business for IPO projects in the STAR Market and ChiNext, according to Zheshang Securities research note
Positive corporate earnings reports have provided a counter boost for traders but China's ailing property sector remains a concern
Fossil fuel crunch has been exacerbated by pressure to develop renewable energy sources and reduce emissions
Global Financial Markets Association report calls for "deep and liquid" carbon markets to improve pricing effectiveness to speed up CO2 reduction.
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.