Issue link: https://maltatoday.uberflip.com/i/1432448
Name Current Change %Change Open High Low Prev. Value Close US MARKETS NASDAQ (Nov 24) 15,805.46 30.32 0.19 15677.88 15812.13 15591.36 15775.14 EUROPEAN MARKETS FTSE (Nov 24) 7,286.32 19.63 0.27 7266.69 7307.89 7245.98 7266.69 CAC (Nov 24) 7,042.23 -2.39 -0.03 7052.18 7089.11 6983.98 7044.62 DAX (Nov 24) 15,878.39 -58.61 -0.37 15942.28 15974.30 15740.60 15937.00 ASIAN MARKETS SGX NIFTY (Nov 24) 17,367.00 -43.00 -0.25 17378.50 17379.00 17319.50 17410.00 NIKKEI 225 (Nov 24) 29,302.66 -471.45 -1.58 29663.45 29758.05 29212.93 29774.11 STRAITS TIMES (Nov 24) 3,227.15 -0.38 -0.01 3237.04 3239.84 3226.56 3227.53 HANG SENG (Nov 24) 24,685.50 33.92 0.14 24672.10 24851.53 24557.63 24651.58 TAIWAN WEIGHTED (Nov 24) 17,642.52 -23.60 -0.13 17680.16 17722.89 17588.78 17666.12 KOSPI (Nov 24) 2,994.29 -3.04 -0.10 3006.34 3017.90 2981.02 2997.33 SET COMPOSITE (Nov 24) 1,649.82 3.40 0.21 1650.54 1658.60 1647.90 1646.42 JAKARTA COMPOSITE (Nov 24) 6,683.28 5.40 0.08 6697.42 6698.41 6668.05 6677.88 SHANGHAI COMPOSITE (Nov 24) 3,592.70 3.61 0.10 3590.02 3602.74 3575.29 3589.09 25.11.2021 7 INTERNATIONAL MARKETS International Markets Global Indices Trading Date: 17 November 2021 Moscow tells 13 mostly U.S. tech firms they must set up in Russia by 2022 RUSSIA has demanded that 13 foreign and mostly U.S. tech- nology companies be officially represented on Russian soil by the end of 2021 or face possible restrictions or outright bans. e demand, from state communications regulator Roskom- nadzor late on Monday, gave few details of what exactly the companies were required to do and targeted some firms that already have Russian offices. Foreign social media giants with more than 500,000 daily usershave been obliged to open offices in Russia since a new law took effect on July 1. e list published on Monday names the companies for the first time. read more It lists Alphabet's Google (GOOGL.O), Facebook (FB.O), Twitter (TWTR.N), TikTok and messaging app Telegram, all of which Russia has fined this year for failing to delete content it deems illegal. Apple (AAPL.O), which Russia has targeted for alleged abuse of its dominant position in the mobile applications market, was also on the list. read more Roskomnadzor said firms that violate the legislation could face advertising, data collection and money transfer restric- tions, or outright bans. KREMLIN CONTROL Russia has taken steps this year to support and promote its domestic tech sector over Silicon Valley alternatives, propos- ing taxes on foreign-owned digital services, tax cuts for do- mestic IT firms and requiring smartphones, computers and other devices bought in Russia to offer users Russian software on start-up. e campaign also has a political dimension that critics characterise as an attempt by the Russian authorities to exert tighter control over the internet, something they say threat- ens to stifle individual and corporate freedom. ose efforts include repeated fines for banned content and demands that Russian user data be stored on servers in Rus- sia. Authorities have also objected in the past to political op- ponents of the Kremlin using foreign social media platforms to organise what they say are illegal protests and to publicise politically tinged investigations into alleged corruption. LACK OF CLARITY But exactly what kind of representation the companies need to have in Russia is unclear, said Karen Kazaryan, head of analysis firm Internet Research Institute. "ere is no explanation in the law, no clarification as to what the legal form of the organisation's representation should be," Kazaryan told Reuters on Tuesday. Roskomnadzor, when asked for more clarity, referred Reu- ters to its statement. In addition to having representation in Russia, firms must open an account on the regulator's website and have a feed- back form for interacting with Russian users, Roskomnadzor said. "Foreign entities are required to limit access to information that violates Russian legislation," said Roskomnadzor, with- out providing further details. Russian President Vladimir Putin