China Cuts Taxes for Chipmakers to Promote Industry Development

China said it cut taxes for semiconductor makers, lending new support for the pivotal industry just as U.S. President Donald Trump weighs tariffs on the sector amid rising trade tensions. The new rules cover a broad swath of semiconductor companies. They will be exempt from corporate income taxes for
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“Policy makers have been able to avoid such policy steps so far due to relatively easy financing from the capital markets. This may face challenges over the course of 2018.” Standard Chartered revised its growth forecast for Pakistan downward this week and now expects it to slow to 4.8 percent in the
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The Ghana Education Service (GES) has terminated the appointments of all new teachers with banking, marketing and finance certificates engaged as teaching and non-teaching staff after the Service's limited recruitment exercise. According to the Upper East Regional Education Director, Patricia Ayiko,
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PARK CITY — Affordable housing is a nationwide problem that is especially challenging in resort towns like Park City. Housing thousands of seasonal and full-time workers is a real problem for the community. But, Blake Christian's one vision of a shipping container could be part of the solution.
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Bloomberg News reports the Walmart-Humana talks are about deepening an existing partnership, and that while a merger is among the options being explored, an outright combination isn't likely at this point. Given Walmart's sizable pharmacy presence, getting hold of Humana's pharmacy-benefits
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The SME Alliance, which represents thousands of small businesses in Britain who say they were mistreated by lenders — including RBS and Lloyds — told MPs on the Commons Treasury select committee that big banks are more reluctant to lend to them, while challenger banks are reverting to classic
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The buyer was Palm Beach real estate attorney Guy Rabideau, acting as trustee of the 117 Wells Road Trust. No other information about the buyer was immediately available this week in public records. Brown Harris Stevens agent Liza Pulitzer confirmed that she and colleague A. Whitney McGurk
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“With demand for affordable rental units at a record high, increases in tenant-based and project-based rental assistance, increases in low-income housing tax credit allocation, and the income-averaging option will benefit the affordable multifamily housing sector,” said Marian Zucker S&P Global Ratings
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The U.S. Centers for Disease Control and Prevention (CDC) warns that while the number of reported flu cases is declining, flu season is still going strong. The agency says there have been four more recent flu-related deaths, bringing the total number of flu-related deaths to 137 this season, CNN reports.
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At the height of the Lending Program hype it quickly became clear that most of their daily interest pay-outs was generated from acquiring new investors. They possibly could only last as long as they did due to fact that the crypto market cap kept rising thus resulting in almost unnatural growth of their
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Taos Realtor Page Sullivan, an associate broker with Coldwell Banker Lota Realty, Inc., has recently received the International President's Elite Award, an honor bestowed to the … Sullivan attributes her success to many things: hard work, dedication, and her approach to clients, both buyers and sellers.
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We live in strange times. Following last month's Parkland, Fla., high school massacre, the teenaged survivors have since launched a stunning and unprecedented movement calling on politicians to take a serious look at gun control legislation — and have been by and large met by ridicule from adults on
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RoundPoint Mortgage Servicing Corporation (RPMS), one of the nation's largest non-bank mortgage servicing companies, has announced its addition of five executive-level mortgage servicing professionals to its senior management team. “These new additions to our senior management team are a
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Fannie Mae and Freddie Mac lead the multifamily-housing market in energy-efficiency financing. Freddie Mac provided nearly $18 billion in financing during the first 16 months of its green-loan program, which launched in 2016, while Fannie Mae issued about $31 billion in various green-loan products
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The Consumer Financial Protection Bureau (CFPB) has issued its latest Request for Information (RFI), this time focused on the bureau's guidance and implementation support. “The Bureau is seeking comments and information from interested parties to assist in assessing the overall effectiveness and
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Prodigious wicketkeeper-batsman Rishabh Pant firmly believes that the winning mindset of captain Gautam Gambhir and coach Ricky Ponting will help Delhi Daredevils turn their fortunes around in the upcoming season of Indian Premier League (IPL), starting April 7. Pant has played under Rahul
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Valeant Pharmaceuticals International logo Valeant Pharmaceuticals International Inc (NYSE:VRX) (TSE:VRX) CEO Joseph C. Papa bought 30,000 shares of the company's stock in a transaction on Tuesday, March 13th. The shares were acquired at an average price of $16.05 per share, with a total
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Freddie Mac is making as much as $100 million in debt available in first mortgage financing as a complement to the equity secured by the fund. In 2016, the city of Denver established a $150 million fund to support affordable housing creation and preservation. The metro's booming economy and need for
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In the inaugural episode of Balancing The Ledger, Fortune's new show covering all things fintech-, crypto-, and blockchain-related, Fortune digital editor Andrew Nusca discusses the potential for distributed, blockchain-based social networks to displace Facebook, alongside senior writers Robert Hackett
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“Never in history have there been more eyes on fewer homes than today,” said Javier Vivas, director of economic research at Realtor.com. “The price gains observed in the last days of March tell us the market is on pace to see half of the homes listed above $300,000 this summer. This means buyers are
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