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Crude rallied to a seven-year high last week as worldwide consumption recovered from the impact of the coronavirus pandemic, draining stockpiles. . Read more at straitstimes.com. ....
by Tyler Durden Friday, Apr 23, 2021 - 08:03 AM US equity futures rebounded Friday following Thursday s 1% selloff as investors digested a proposal for higher capital gains taxes and realized that i) it is nothing new compared to previous media reports and ii) the most likely outcome is a compromise tax rate (Goldman expects a final number no higher than 28%). Still, both the S&P 500 and Dow are on course for weekly declines, after four straight weeks of gains. At 730 a.m. ET, Dow e-minis were up 38 points, or 0.11%, S&P 500 e-minis were up 9 points, or 0.22%, and Nasdaq 100 e-minis were up 18.5 points, or 0.14%. ....
Print The Australian Securities and Investments Commission (ASIC) has imposed additional conditions on the Australian financial services licence (AFSL) of AxiCorp Financial Services, to ensure it has adequate compliance arrangements in place for its over the counter (OTC) derivatives business. Under the additional AFSL conditions AxiCorp was required: To appoint an independent expert to conduct a review and assess whether it had adequate procedures and internal controls in place to ensure compliance with its regulatory obligations; The independent expert was required to identify remedial actions from the review and AxiCorp must provide a plan to ASIC setting out the remedial actions it proposed to implement; ....
Asian shares push higher on improving coronavirus outlook - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
Global equities rose on Wednesday, lifted by strong results from Alphabet Inc and upbeat earnings in Europe, while oil prices advanced almost 2% to their highest in nearly a year after data showed U.S. crude stockpiles fell to their lowest since March. ....