Donald Trump, from the White House on Monday, said companies in the 0 stop filing earnings reports every 1 announced the plan directly on Truth Social, saying the new idea, reporting every six months instead of four times a year, would cut costs and help executives run businesses without being distracted by short-term targets. “Subject to SEC Approval,” Trump posted , “Companies and Corporations should no longer be forced to ‘Report’ on a quarterly basis… but rather to Report on a ‘Six (6) Month Basis.’” He added, “Did you ever hear the statement that, ‘China has a 50 to 100 year view on management of a company, whereas we run our companies on a quarterly basis???’ Not good!!!” The rules today say all U.
S.-listed companies must report earnings every three months, though they aren’t forced to give 2 wants that 3 could be done by either the Securities and Exchange Commission or through a law passed by 4 linked his idea to how companies in China operate, but what he didn’t mention is that China’s public firms actually file earnings reports just as often, quarterly, semiannual, and 5 fact, some Chinese rules are even stricter than those in the 6 exception is Hong Kong , where companies file earnings twice a year. That’s closer to what Trump is now 7 ties reporting change to trade talks, TikTok, and interest rate cuts Trump’s push would also make 8 look more like what happens in the UK and EU, where companies file twice a year but can still add quarterly updates if they 9 while the idea sounds new, it’s 10 in 2018, Warren Buffett and Jamie Dimon argued in a Wall Street Journal op-ed that quarterly guidance should 11 didn’t go as far as Trump by calling for an end to quarterly earnings reports 12 recently, Norway’s sovereign wealth fund proposed semiannual reporting so companies could stop focusing on short-term goals and focus on long-term 13 didn’t stop with 14 the same Truth Social thread, he said, “The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL!
It will be concluding shortly.” He said a deal was reached to save “a certain” company loved by American young 15 didn’t say the name, but it’s clearly TikTok . “They will be very happy!” he 16 also said he’d speak with Xi Jinping on Friday, adding, “The relationship remains a very strong one!!! President DJT.” That deal may play into Trump’s broader trade 17 familiar with the discussions said Trump could be using TikTok to score a tariff cut from China by 10% or 18 Wang, China strategist at Evercore ISI, said Beijing might “be more than happy to satisfy Trump’s terms on TikTok” if that gets the tariff 19 demands rate cut as Fed prepares two-day meeting ByteDance, TikTok’s parent company based in Beijing, is under 20 have a deadline, Wednesday, to reach a deal with 21 to keep TikTok running in the 22 23 control of the app’s 24 placed that same algorithm on its export-control list, meaning no one can sell it without Beijing’s 25 has already extended that deadline three times in 26 Sunday, he told reporters the talks were “going fine” and that TikTok’s fate depends on how Beijing 27 also turned his attention to interest 28 all caps, he posted , “’Too Late’ MUST CUT INTEREST RATES, NOW, AND BIGGER THAN HE HAD IN 29 WILL SOAR!!!” That came just before the Federal Reserve starts its two-day meeting on 30 Fed is expected to announce a rate cut on Wednesday.
Meanwhile, as Cryptopolitan reported that China has been trying for two months to get Trump to 31 it happens, it would be his first official visit to China since 32 nothing’s locked in yet. A decision on the visit will depend heavily on what happens in Madrid, where talks are happening now. Chen, from The Asia Group, warned that things could get worse if Beijing thinks Washington is being “disrespectful” during the 33 Chinese government is closely managing how its citizens view the U. S., and any misstep could cause delays in the larger diplomatic 34 Bybit now and claim a $50 bonus in minutes
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