RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
Trump Administration Appeals Judge’s Order Limiting ICE Tactics in Minneapolis 
Oil Prices Steady as Markets Weigh U.S.-Iran Talks, Dollar Strength Caps Gains 
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex 
UK Employers Plan Moderate Pay Rises as Inflation Pressures Ease but Persist 
Tesla Launches New Model Y Variant in the US Starting at $41,990 
Dollar Holds Firm as Strong U.S. Data, Fed Expectations and Global Central Bank Moves Shape Markets 
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 
Brazil Supreme Court Orders Asset Freeze of Nelson Tanure Amid Banco Master Investigation 
South Korea Factory Activity Hits 18-Month High as Export Demand Surges 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
Supreme Court Signals Skepticism Toward Hawaii Handgun Carry Law 
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling 
California Sues Trump Administration Over Federal Authority on Sable Offshore Pipelines 
South Korea’s Supreme Court has ordered tax authorities to refund Samsung Electronics Co. 11.3 billion won in undue corporate taxes from a former patent deal with Microsoft Corp.
South Korean tax officials purported that Samsung avoided paying corporate taxes for using US software giant Microsoft’s patents in its smartphones following a July 2011 deal.
Two lower courts have ruled in Samsung’s favor.
In compliance with Korean tax rules and a treaty between South Korea and the US, Samsung paid South Korean tax authorities 15 percent of the annual patent fee in corporate taxes on behalf of Microsoft. The fee was paid from the royalty that was due to Microsoft.
In 2016, tax authorities collected 113 billion won more in undue taxes after learning through a probe from Samsung paid some 69 billion won less in its patent royalty to Microsoft.
Samsung objected to the tax collection since the use of Microsoft’s patents, which are unregistered in South Korea, should not be subject to domestic withholding taxation.
