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March 6, 2008

Finance: Regulator studying cut in stock trading tax

Chinese authorities are studying a proposal to cut the stock trading tax, an issue that has emerged at the ongoing annual session of parliament, media reported Thursday.

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State reveals new tax rules for investors

New rules on how the taxman takes his slice of shareholder’s winnings from dividends and stock trading are in the pipeline. Bills bringing into effect Finance Minister Trevor Manuel’s February budget speech can be downloaded from www.treasury.gov.za and www.sars.gov.za.

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Thomson Financial Europe AM at a glance share guide: Stocks, oil mixed

LONDON (Thomson Financial) - US SUMMARY: Stocks end higher after Bush, Bernanke speeches; oil rises Index Change Pct change *DJIA 13357.74 +119.01 +0.90 *Nasdaq 2596.36 +31.06 +1.21 *S&P 500 1473.99 +16.35 +1.12 eur-usd 1.3624 -0.0013 Nymex crude for Oct 74.04 usd +68 cents 10 yr US treasury 4.53 pct +0.02 pct * Friday's close STOCKS: Stocks ended last week with a big gain after investors took

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