What the news says
Tax policies on hedge funds directly affect capital flows into Southeast Asia and Asian financial centers. If Singapore reduces taxes, it could change hedge funds' location choices between Singapore and Hong Kong, impacting financial activities and government revenues of both places.
07/21, 10:18 PM
President Trump said he would handle a possible Red Sea blockade if it occurs.
President Trump said he would handle a possible Red Sea blockade if it occurs.
Affected assets
jin10
07/21, 10:18 PM
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FirstSquawk · 07/19, 11:51 AM
Market reactionSingapore is considering reducing taxes on hedge funds to compete with Hong Kong.
jin10 · 07/15, 10:00 PM
Market reactionChinese domestic futures closed mixed overnight, with PTA down over 2%, synthetic rubber up over 1%, and plastic and soybean meal up nearly 1%.