The Financial Industry Regulation Authority Hits Robin Hood With 70 Million Dollar Fine

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The retail trading platform robin hood, just laid out its own plans to join the stock market. Sources told the f t the group will target a total valuation of forty billion dollars or more in its initial public offering. Robin hood's widely considered a driving force behind the surge of investors that are buying so called meam stocks including gamestop and a m c. The hong kong media group owned by the jail tycoon jimmy lye, officially shut down yesterday. Apple daly forced to close last week after officials froze its assets and arrested senior journalists.

The world’s leading economies have signed up to a plan that looks to force multinational companies to pay a global minimum corporate tax rate of 15 per cent, economists believe that the Federal Reserve will raise interest rates by the end of 20-23, and Robinhood is targeting a valuation of $40bn or more ahead of its public offering. Plus, the FT’s Nicolle Liu explains what the closure of the Apple Daily newspaper means for the media landscape in Hong Kong.

World’s leading economies agree global minimum corporate tax rate

https://www.ft.com/content/d0311794-abcf-4a2a-a8a4-bcabfc4f71fa

Robinhood targets $40bn valuation ahead of IPO

https://www.ft.com/content/7421d913-0f77-4458-9032-59ba32c846f1?

Economists predict at least two US interest rate rises by end of 2023

https://www.ft.com/content/de778e1b-3876-4999-942e-186c2a692a1a

Apple Daily’s death leaves a shadow over free press in Hong Kong

https://www.ft.com/content/c7aa2919-dce1-4196-8d4a-ad9f57c59c4e

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