News

Exchange rates impact statements through revenue/costs/foreign exchange/derivatives and OCI. In terms of investment, it is recommended to include exchange rates in profit analysis: pay attention to the forecast discrepancies of companies with high overseas exposure and high foreign exchange sensitivity, choose profit-stable assets with high overseas exposure but low sensitivity, and be alert to the shocks caused by high foreign currency debt, large net exposures, and inadequate hedging.

After Kuwait was subjected to a large-scale ballistic missile and drone attack on Wednesday, investors are closely monitoring developments in the Middle East.

According to Cointelegraph, the Israel Tax Authority expressed disappointment with the results of its voluntary disclosure policy on cryptocurrency. The agency initially aimed to collect up to 1 billion US dollars in tax revenue through the policy to be implemented by August 2025, but so far has received only 58 disclosures, involving approximately 50 million US dollars in crypto capital. Under the policy, taxpayers holding crypto assets worth no more than roughly 522,000 US dollars who properly disclose and pay taxes before August 31, 2026 can avoid criminal charges. Tax experts believe that the lack of early-stage certainty and anonymity in the process has weakened taxpayers’ willingness to participate. A report from the Bank of Israel shows that local residents hold about 1 billion US dollars in crypto assets.