Business

SpaceX Stocks Enter Market Spotlight
Since Elon Musk's rocket company SpaceX introduced its shares to the media a month ago, the trading of its stocks has remained highly volatile. Currently, the manufacturer’s shares have fallen to their lowest level, raising concerns among investors.

New laws will require salary information in job advertisements
The Government of Uzbekistan is planning to include salary information in job advertisements through new laws. The government believes this step will assist job seekers and reduce salary discrimination demands.

An Islamic Finance Council Established Under the Central Bank
An Islamic Finance Council has been established under the Central Bank of Uzbekistan. The council will develop Islamic finance standard projects taking into account international standards and local conditions.

Self-employed individuals will be required to pay social tax
Currently, self-employed citizens are voluntarily paying taxes. However, this may change in the future, and paying social tax is expected to become mandatory.
Host Hotels and Resorts: World Cup and RevPAR Increase Boosts Price Forecasts
Host Hotels and Resorts (HST) has successfully raised its price forecasts due to the World Cup and the Revenue per Available Room (RevPAR) indicators.

Islamic Investment – New Opportunities in Uzbekistan
The number of people hopeful about attracting Islamic investments to Uzbekistan is increasing. They are encouraged by the knowledge that conditions for such investments are being established in the country.

Fasten Travel Order Service Expands in Uzbekistan
Fasten company has expanded its operations in Uzbekistan, now offering travel order services across all regions of the country. Initially launched in Tashkent, the service now includes 18 other cities throughout the republic.

Three bank-related frauds uncovered in Kashkadarya
Three cases of fraud related to commercial banks were identified in Kashkadarya region, with pre-investigation checks conducted. According to reports, bank employees and former neighborhood agents deceived citizens, stealing their deposits and loans.

Thames Water sees profit, but debts rise
Britain's largest water supply company, Thames Water, reported a post-tax profit for the 12-month period ending in March 2023. However, the company's net debt also increased.

New Ranking of the Largest Gold and Silver Reserves in the World
Based on the 2026 Mineral Commodity Summaries report released by the US Geological Survey (USGS), a new ranking of the largest gold and silver reserves in the world has been announced. This analysis highlights the distribution of strategically valuable metals worldwide.

China's Economic Growth Falls Below Expected Levels
China's economic growth indicators have sharply declined, failing to meet the set targets. Weak domestic demand and the impact of the Iran war on oil prices have overshadowed the country's stronger exports.

India and Britain Trade Agreement Comes into Effect
The free trade agreement between India and Britain, the world's fifth and sixth largest economies, has now come into effect. This agreement is expected to enhance trade relations and lower prices for a variety of products for consumers.

