Asia markets struggle for direction after US tax hike reports

Energy Daily

Published

Hong Kong (AFP) April 23, 2021

Asian shares struggled to find clear direction on Friday after a week spent seesawing to match the prevailing momentum on Wall Street, where trade faltered overnight after tax hike reports. Washington is said to be developing a plan to slap new levies on wealthy investors, including a near doubling of the tax on stock transaction profits to 39.6 percent for people earning more than $1 millio

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