Trades that got crowded in April’s tumult have suddenly become vulnerable, among them shorting the US dollar, betting against equities and wagering on higher market volatility. Behind the backfiring wagers has been Donald Trump’s concessionary tone on tariffs and a string of positive economic reports – and the ensuing rebound in sentiment.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while
December 12, 2025