Search result for Income
HSBC's first-half net income more than doubles, and the bank announces a $2 billion share buyback.
In the six months ended in June, HSBC's net income more than doubled from $9 billion to $18.1 billion, a significant increase compared to the same period a year prior.
The bank's profit before taxes increased by 147% year-over-year, from $8.78 billion in the first half of 2022 t...
Some European countries, led by Germany and Poland, are lobbying for tougher sanctions against Russia's nuclear energy sector.
Sanctions on Russian nuclear energy are being advocated by Germany, Poland, and a few other EU countries as the EU seeks new measures to damage the Kremlin's income in the wake of Moscow's invasion of Ukraine. Following Russia's aggression against Ukraine, the 27 European nations impo...
Discover the median household income across 20 of the most populous American metropolises
According to the Pew Research Center, the middle class has been steadily declining over the past half century as a growing number of Americans have moved into the higher or lower income categories. According to the most recent statistics from 2021, the percentage of the population that is conside...
The income tax department raids Sonu Sood’s office in Mumbai
Highlights
- Income tax raids at Sonu Sood’s office in Mumbai
- The raid continued for 20 hours and was carried out at 6 locations
The income tax carried out raids at Sonu Sood’s office on Monday. The Income tax officers spen...
JAPAN’S HOUSEHOLD SPENDING ROSE 13.0 PERCENT IN APRIL
Highlights –
- Japan’s household spending rose 13.0 percent in April.
- Households with two or more people spent an average $2,700 in real terms.
- Seasonally adjusted spending inched up 0.1 percent from March.
- Outlays for ...
CHINA’S SEO’S PROFITS ROSE 240%; TRADE SURPLUS AT $34.47 BILLION IN APRIL
Highlights –
- China’s SEO’s profits rose 240%; trade surplus at $34.47 billion in April.
- The profits of centrally administered SOEs rose 160 percent year on year.
- The debt-to-asset ratio of the country's SOEs came in at...
JAPAN’S TRAVEL BALANCE FELL BY 89.2% IN FY 2020
Highlights –
- Japan’s travel balance fell by 89.2% in FY 2020.
- Japan’s travel surplus in 2020 fell 3.8% to 18.20 trillion yen from a year earlier.
- The service trade deficit stood at 3.73 trillion yen.
- Japan poste...
HYUNDAI, KIA ESTIMATES COMBINED Q1 NET PROFIT TO RISE
Highlights –
- Hyundai, KIA estimates combined Q1 net profit to rise.
- The two carmakers estimate solid earnings over robust sales of SUV and high-end models.
- Hyundai expects a net profit of US$1.18 billion in the first quarter. <...
GLOBAL ASSET MANAGEMENT LEADER, BLACKROCK DABBLES IN BTC
Highlights:
• Blackrock manages assets worth $9 trillion currently
• The firm sees BTC becoming as precious as gold
...
S. KOREA HOUSEHOLD INCOME FALLS IN Q4 OF 2020 DUE TO PANDEMIC
Highlights –
- S. Korea household income falls in Q4 of 2020 due to pandemic.
- In the Oct-Dec period the average household earned $4,670 per month in 2020.
- In 2020, the wage income fell 0.5 percent and income from business operations by ...
JAPAN’S CURRENT ACCOUNT SURPLUS IN NOVEMBER ROSE BY 29.0 PERCENT
Highlights –
- Japan’s current account surplus in November rose by 29.0 percent.
- The country’s current account balance registered a surplus of 1.88 trillion yen.
- Primary income marked a surplus of 1.72 trillion yen. <...
JAPAN GOVT. CONSIDERS CUTTING CHILD ALLOWANCE FOR HIGH-INCOME HOUSEHOLDS
Highlights –
- Japan Govt. considers cutting child allowance for high-income households.
- The household with two working parents is being considered for the cut back on child-allowance.
- Child allowances in Japan are lower for families wi...
JAPAN’S HOUSEHOLD SPENDING FELL BY 10.2 PERCENT IN SEPTEMBER
Highlights –
- Japan’s household spending fell by 10.2 percent in September.
- The monthly drop was the sharpest since May’s decline by 16.2 percent.
- The seasonally adjusted figure climbed by 3.8 percent from August.
HONG KONGERS FLEW FOR SAFE HAVEN IN UK FACE LENGTHY PROCEDURES, LESS INCOME
HIGHLIGHTS
- Ali a resident of Hong Kong when saw the picture of ever-growing protests over Hong Kong streets decided to move to the United Kingdom to begin another life.
He expected to find a new line of work and bring his better half and infant...
GEORGE FLYOD CASE PRIMARY ACCUSED DEREK CHAUVIN AND WIFE ARE ALSO TAX EVADERS, CHARGED LIKEWISE
Highlights:
- Derek and his wife have been defaulting on and filing false tax returns since 2016
- They have been charged on tax default cases now
Derek Chauvin, the ex Minneapolis police officer became the name that stood for police brutalit...
INCOME TAX DEPARTMENT REVISES TAX DEADLINES AND PENALTIES
As per the latest extensions announced by the Income Tax (I-T) Department in order to safeguard tax payers from the effect of COVID-19 lockdown and all other problems associated with it, all the due dates for filing tax returns, making tax-saving investments and Aadhaar-PAN linking have been revi...
COVID-19 HITS HARD ON SOUTH KOREAN LOW-INCOME HOUSEHOLDS
Highlights –
- Low-income households in South Korea face a major blow due to the pandemic.
- The average monthly income of households remained in the bottom 20 percent bracket.
- Their consumption spending fell 10 percent to $1,197.80. ...
CALIFORNIA TO PROVIDE $365 PER CHILD AS FOOD BENEFITS FOR LOW-INCOME FAMILIES
Highlights:
- The distribution of $365 will happen over two months
- People need to apply online for the same unless they already are enrolled CalFresh, or Medi-Cal or foster care programs
California school campuses provided free or heavily subsidized lu...
Singapore: Role Model in the Fight Against Income Inequality.
According to Singapore Department of Statistics [SingStat] the median household income has grown to $9,425 in 2019 and that the income inequality, according to Gini Ratio, is the lowest it has been in nearly 2 decades. The Gini Ratio stood at 0.452 in 2019 as opposed to 0.458 the year before. The...
BAJAJ FINANCE SHARES SURGED
Highlights:
- Bajaj Finance has gone up by 5.09% and traded at Rs. 4,427 during the trading day.
- Quarterly profits account for 52% until December 31.
- Assets under management (AUM) have seen a growth of 35% by 31st December 2019.