News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

Tech Declines Drive Down Stocks World-Wide

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European stocks opened flat, though regional tech shares followed declines in the sector in Asia-and the U.S. on Monday

Australia's RBA Leaves Interest Rates Unchanged

The Reserve Bank of Australia has ended 2017 without a change in interest rates, with next year promising to deliver more of the same.

China's Service Sector Activity Expands at Faster Pace

Activity in China's service sector expanded at a faster pace in November, a private gauge showed Tuesday, the latest indication of strength in the sector following official data released last week.

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BOJ's Kuroda Says Weak Yen Has Both a Positive and Negative Impact

Bank of Japan Gov. Haruhiko Kuroda said a weak yen could have both a positive and negative impact, avoiding directly addressing an opposition lawmaker's question if the BOJ is willing to adopt monetary policy to weaken the yen.

New CFPB Chief Curbs Data Collection, Citing Cybersecurity Worries

The Trump administration's interim director of the Consumer Financial Protection Bureau said he has frozen the agency's collection of personal information due to cybersecurity concerns, a step in changing policies criticized by the financial industry.

Oil Ticks Lower on U.S. Output Concerns

Oil prices edged down as traders shifted their focus from OPEC's output deal back to the weekly U.S. production data from the Energy Information Administration, due on Wednesday.

U.K.-EU Brexit Negotiations Stall Over Irish Border Issue

British Prime Minister Theresa May and European Commission President Jean-Claude Juncker failed to reach a deal to advance Brexit negotiations after hours of talks Monday afternoon, while expressing confidence that they would conclude one this month.

Canada's Trudeau Says China Trade Talks to Proceed at 'Proper Pace'

Canadian Prime Minister Justin Trudeau said he was ready to forge ahead with formal talks toward a free-trade deal with China, but at "a proper pace" and with assurances any pact addresses the environment, labor standards and gender rights.

Australia Current Account Deficit Narrows

Australia's current-account deficit narrowed to a seasonally adjusted A$9.13 billion in the third quarter, the Australia Bureau of Statistics said Tuesday.

GOP's Late Changes to Tax Bill Buoy Key Industries

Republican senators inserted last-minute changes into their tax overhaul bill early Saturday morning, including ones aimed at helping oil and gas companies, cruise-ship operators, auto dealers, universities and mortgage bankers.

(END) Dow Jones Newswires

December 05, 2017 07:15 ET (12:15 GMT)