Trump Administration Mulls More Trade Actions
Continue Reading Below
The Trump administration is considering launching trade actions to protect certain U.S. industries, while at the same time ramping up free-trade talks with the EU, Japan and the U.K., Commerce Secretary Wilbur Ross said in an interview.
Asia Stocks Push Higher
Equities in Asia extended gains for a third session early Wednesday as sustained political optimism, currency tailwinds and the growing prospect of a U.S. tax overhaul whetted appetite for risk.
Trading in Bonds, Commodities Highlights Skepticism
U.S. stocks are roaring again, with the Nasdaq Composite Index reaching 6000 for first time on Tuesday. But many analysts warn that bond and commodities markets are sending less-upbeat signals.
Continue Reading Below
Are U.K. Traders Getting an Early Glimpse at Government Data?
A comparison of trading data for the Swedish krona and British pound may provide further evidence that some investors could be trading with knowledge of U.K. official statistics before they are published.
Australia Inflation Returns to Central Bank's Target
Inflation in Australia returned to the central bank's 2%-3% target in the first quarter, but higher interest rates remain a distant reality.
A Wary Tech Sector Is Booming in the Land of Trump
The president's rhetoric has been much less negative for the industry than what Silicon Valley had envisioned.
Beware Target-Date Funds' Bondholdings
Some target-date funds aimed at those currently near retirement age face bumps as rising interest rates weigh on the prices of large chunks of rate-sensitive bondholdings.
Trump Plans to Seek Tax Rate of 15% on Owner-Operated Firms
President Donald Trump is planning to unveil a proposal to cut corporate taxes on U.S. companies' foreign profits and to slash the top tax rate on so-called pass-through businesses, including many owner-operated companies, to 15% from 39.6%, said White House officials.
EU Bank Executives Push Back at Regulators
European bank executives told regulators they were taking too long to complete the postcrisis financial rule book in a shifting political environment, leaving lenders at competitive disadvantage and putting the bloc's economic recovery at risk.
FCC to Launch Review of Media Regulations
The Federal Communications Commission will begin a comprehensive review of its media regulations, starting at its May 18 meeting, Chairman Ajit Pai said Tuesday.
(END) Dow Jones Newswires
April 26, 2017 03:15 ET (07:15 GMT)