F&O tax rules: How derivatives traders should report profits, losses and expenses

HSBC will sell its Singapore life and health insurance business to Allianz. This deal values the unit at S$2.7 billion and is expected to close in early 2027. The transaction will generate a pre-tax gain for HSBC and improve its capital ratio. Allianz gains a stronger presence in Singapore’s insurance market through this acquisition. HSBC…

President Trump expresses frustration over media claims regarding the depletion of US weapons stockpiles, fearing the leaks may undermine America’s leverage in negotiations with Iran. While he admits some reports accurately reflect a tighter supply of advanced munitions, he aims to pursue severe penalties for those behind the information leaks. Vice President Vance characterizes negotiating…

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