Indonesia's SPP-TDLN system took effect on November 9 to collect VAT on qualifying overseas digital transactions, with the tax office insisting it creates no new tax and does not apply to personal transfers or remittances.
View storyFINANCE - Mono Scoops - Your goto app for Global Awareness
Canada launched its Real-Time Rail on Monday, a national system for instant payments settled around the clock, making it the first G7 country to open real-time payments with mandatory centralised fraud services from day one.
View storyConstellation Energy's third-quarter adjusted earnings jumped to $5.06 per share from $3.04 a year earlier, beating analyst estimates, and the company raised its full-year guidance to $12.50-$12.80 per share while announcing new deals with Amazon and Google.
View storyPrime Minister Mark Carney named Bridgewater executive Karen Karniol-Tambour as chief executive of the new Canada Strong Fund, the country's first sovereign wealth fund, with $25 billion in initial capital and a retail investment product for ordinary Canadians.
View storyWall Street surged on Monday, with the Nasdaq up 2.5 percent and the S&P 500 up 2.1 percent in afternoon trading, extending Friday's recovery from last week's sharp sell-off as tech, airline and semiconductor shares led the gains.
View storyPresident John Dramani Mahama has announced a New Economy plan to invest more than $9 billion in job-rich sectors between 2027 and 2030, with the full blueprint due in the 2027 Budget on 12 November.
View storySoftBank Corp lifted its full-year forecasts after record first-half revenue of ¥3.80 trillion, with cloud and AI sales up 37% to ¥163.8 billion and net profit of ¥364.5 billion for the six months to September 30.
View storymonday.com grew third-quarter revenue 19% to $377.5 million and posted record adjusted operating profit, while warning that its shift to an AI-first business is creating near-term headwinds and slower growth ahead.
View storyCeva's third-quarter revenue rose 2% to $29.1 million as royalties rebounded 18% sequentially and AI licensing reached a record share of sales, though revenue fell short of analyst estimates.
View storyGermany's trade surplus fell to 15.6 billion euros in September as exports rose 2.0 percent to 141.1 billion euros and imports jumped 4.2 percent to 125.5 billion euros, Destatis said.
View storyBrazil's reelected President Luiz Inácio Lula da Silva has reaffirmed his commitment to fiscal responsibility in a televised address, saying he wants to help bring down high interest rates but stopping short of announcing new measures.
View storyA senior Reserve Bank official has warned that the artificial intelligence build-out is adding to demand and inflation now, while the productivity payoff remains unproven, with data-centre investment up tenfold in three years and disappointing returns a risk to asset prices.
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