China Commodities Slump Weighs on Stocks
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Slumping commodities prices in China sent stock markets there lower Friday, leading declines across the region as investors feared that the nation's crackdown on speculation and borrowing could hurt metals demand.
Australia's RBA More Confident on Inflation Rise
Australia's central bank made only minor changes to its economic forecasts in a quarterly policy statement Friday, but said it has growing confidence in its expectation that inflation will rise over time.
Screws Tighten on Risky Chinese Insurance
In China, lucrative bets are usually followed by a regulatory clampdown. So it was only a matter of time before China's acquisitive and unlisted life insurers started feeling the pain.
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GE's Immelt Warns Trump on Perils of Protectionism
While some American executives have been hesitant to criticize the U.S. president, General Electric's chief executive provided a warning Thursday: globalization needs an overhaul, but the U.S. should avoid the temptation to throw up barriers to free trade.
Trade Uncertainty Holding Back Growth, Says Bank of Canada's Poloz
Bank of Canada Gov. Stephen Poloz warned trade-policy uncertainty in the U.S. is a significant headwind to growth as companies are hesitant to invest without knowing what a revamped North American trade pact would hold for their futures.
Jay Clayton Sworn In to Lead SEC
Jay Clayton was sworn in as chairman of the Securities and Exchange Commission, becoming the Trump administration's first permanent head of a financial regulatory agency.
Brexit Clash Points to Trouble Ahead
The war of words that escalated this week between London and Brussels is a sign that nobody should take a deal over Brexit for granted, Stephen Fidler writes.
Deepening Gasoline Glut Pushes Oil to a Five-Month Low
U.S. refiners are flooding the market with gasoline, intensifying oil prices' spring decline.
Senate Passes Spending Bill to Avert Government Shutdown
The Senate on Thursday passed a $1.1 trillion bill to fund the government through Sept. 30, sending it next to the president's desk and avoiding a partial government shutdown this weekend.
GOP Approves Bill to Replace Most of Affordable Care Act
House Republicans approved legislation Thursday to replace most of the Affordable Care Act.
(END) Dow Jones Newswires
May 05, 2017 01:15 ET (05:15 GMT)