What the Apple Daily closure means for the free press in Hong Kong
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 2 July 2021
⏱️ 11 minutes
🧾️ Download transcript
Summary
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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Transcript
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| 0:00.0 | Good morning from the Financial Times. |
| 0:01.6 | Today is Friday, July 2nd. |
| 0:03.6 | And this is your FT News Briefing. |
| 0:08.6 | We have a deal. |
| 0:09.7 | The world's leading economies have agreed |
| 0:11.5 | to a global minimum corporate tax rate. |
| 0:14.2 | Robinhood files the paperwork to go public |
| 0:16.5 | and will take a look at how some top economists line up |
| 0:19.4 | with the Federal Reserve's interest rate rise predictions. |
| 0:22.6 | Plus Hong Kong's pro-democracy paper |
| 0:24.6 | Apple Daily closed a week ago. |
| 0:26.6 | Now the region's media landscape |
| 0:28.3 | is going through an uncertain time. |
| 0:30.6 | We have 800 journalists fewer in the city |
| 0:34.7 | to hold public figures into account. |
| 0:38.0 | I'm Mark Filipino and here's the news |
| 0:39.7 | you need to start your day. |
| 0:46.6 | 130 countries reached a deal yesterday |
| 0:49.4 | that will ensure multinational companies pay their fair share. |
| 0:53.0 | A global minimum tax rate of 15% was hammered out |
| 0:56.0 | during negotiations at the OECD in Paris. |
| 0:59.1 | It ensures that some of the world's biggest companies, |
... |
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