In a move to promote wealth equality in the Washington state, the legislators are looking into enforcing a one percent tax for individuals with wealth over a billion dollars.
House Bill 1406 is exclusively for billionaires with a household wealth...
Lawmakers should make an in-depth study on the proposed wealth tax proposed by Sen. Elizabeth Warren first before passing this legislation, former economic adviser Larry Summers said in an interview.
The former Secretary of the Treasury and director of the...
After the historic plunge of US Treasury yields causing economic panic and fears of a global slowdown, the yields rose Friday, Aug. 16, edging Asia stocks.
Last Aug. 15, the yield on the 10-year Treasury note moves below 2% or...
The world’s biggest cocoa producers, Ivory Coast and Ghana have agreed to set a minimum floor price of $2,600 per tonne as a move to increase farmers’ incomes.
The two western African countries haven’t made a dent into the international...
Warren Buffet-backed Snowflake announced Wednesday, September 16, 2020, that its valuation more than doubled on the first trading day of its initial public offering (IPO) trading day. Following its successful trading day, the cloud data warehousing company raised nearly...
The year 2018 seems to be a good one for the United States’ 0.1% as it was the year the number of households earning millions has increased, Bloomberg says. In fact, millionaire households have even gone beyond the number...
A rare Philippine map touted as the ‘mother of all Philippine maps’ sold for $46.72 million last September 14, 2019. The chart was auctioned at the Leon Gallery’s The Magnificent September Auction event, which sold in just four minutes.
According...
NW Brown, the Cambridge and Norwich-based wealth management solutions company, has merged its financial services operations with UK private banking, wealth, & investment management firm Brown Shipley.
According to a report from Cambridge Independent, the said merger is expected to...
A report by the Federal Reserve revealed that the wealth of United States households increased compared to last year’s figure, says US News. After suffering from a significant fall in 2018, US household wealth finally surges back up by...
Banking group DBS Bank announced Wednesday, Sept. 18, it plans to bolster its wealth assets under management from S$4 billion to S$8 billion in Thailand by 2023.
According to a report from Bangkok Post, the Singapore-based bank’s brokage unit, DBS Vickers,...
