Asian stock markets saw a decline following Wall Street’s losses. Concerns about the United States’ deficit impacted investor sentiment. Treasury yields rose, particularly for long-term debt. Weak demand at a bond auction heightened worries about US borrowing. This development dampened the recent recovery in risk assets. The market is reacting to deficit concerns and budget debates.
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