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Italy shocks banks with windfall tax
Bloomberg News, Published on 08/08/2023
» ROME: Italy’s right-wing government has shocked markets with an unexpected tax on banks’ windfall profits, wiping out around $10 billion from the market value of the country’s lenders.
Political gridlock to keep stocks subdued
Business, Nareerat Wiriyapong, Published on 08/08/2023
» The Stock Exchange of Thailand (SET) will remain sluggish in the third quarter of 2023 as a result of the protracted political uncertainties, says the Investment Analysts Association (IAA), urging the new government to boost domestic consumption and tackle rising household debt.