The world, in perspective.

Supporters of the tax say many billionaires threatening to leave the state will not go

It was an advertisement for a tele-sales job in the mid-1990s that set Becky Fatemi on the path to success. It meant standing on her feet all day, cold-calling hundreds of people, and talking, talking, talking while knowing she was under pressure to seal a deal in minutes. A role at which many people would baulk came naturally to the self-starting whirlwind

Top-funded fusion startup Commonwealth Fusion Systems received an $85 million award from the federal government to advance conductors for fusion power plants.

Protesters in several countries in Europe and Asia are voicing anger over the cost of living, public services and their prospects. France has had the largest demonstrations, with more than 500,000 people marching at the weekend and outbreaks of looting and rioting. There is no single, unifying motivation for the broader international protests, but underlying

Bankers and lawyers say Chinese clients' demand for U.S. bank accounts has gathered pace as Beijing tightens the screws on Chinese offshore wealth.

In a year when the wealth of the rich soared while workers lost ground to inflation, class has become political, especially in the Nebraska Senate race.

The federal government has submitted an offer to the European Space Agency (ESA) to send Australian of the Year Katherine Bennell-Pegg to the International Space Station.

With less than two weeks before the midterm elections, Meta made clear that Mark Zuckerberg is staying in California if the wealth tax passes.

Zuckerberg has agreed to remain in California for eight years as part of a board-approved plan to create new shares he can sell to pay a proposed wealth tax.

California's billionaire wealth tax, Proposition 40, looks like a close call based on recent polls. Here is what to know before Election Day on Nov. 3.

The fund has a current value of around $2.3 trillion.

China is levying a new 20% tax on dividends and interest from offshore trusts, targeting the country’s super-rich to help fill a growing fiscal hole. Read More: https://punchng.com/cash-strapped-china-targets-offshore-wealth-with-new-tax/

Oct 21 (Reuters) - Meta Platforms has struck a deal with Mark Zuckerberg to keep him living in California after the CEO warned he was considering leaving the state that houses the company's headquarters if voters pass a wealth tax proposal next month.

The billionaire told Meta’s board that he planned to list his Silicon Valley home for sale. The company remade its stock structure to help him pay the tax if voters pass it.

Sovereign wealth funds are pouring billions of dollars back into China after a sharp investment slump.

Mortgages total $404b, while 87,920 homes sold over the past year.

Group to create new class of non-voting shares to allow stock sales without diluting founder’s control

The ACT Party wants to remove the government contribution to KiwiSaver accounts, and instead, make investment earnings in superannuation schemes tax-free.

Dubai recorded 86 residential transactions valued at $10 million or more during the third quarter this year, down 17 per cent annually, as wealthy investors continued to invest in the emirate despite the Iran war. Among the deals, 13 were for homes valued at more than $25 million, property consultancy Knight Frank said in its latest report on Wednesday. Of t

SEJONG, Oct. 21 (Yonhap) -- South Korea plans to provide patient capital for lon...

The precision-motor manufacturer has been mired in turmoil ever since accounting misconduct and quality control issues were uncovered in 2025.

The digital gold market itself is unlikely to move the overall demand dial much but is seen as an entry point into the wider bullion market, especially for younger investors who are obviously more wired than their older counterparts.