Japan's Big Manufacturers Optimism at 11-Year High
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Business confidence among Japan's large manufacturers reached an 11-year high in the October-December quarter on solid earnings, strengthening global growth and a domestic economy that has expanded for seven straight quarters, a central bank survey showed Friday.
Asian Stock Markets Extend Declines
Stock markets in Asia continued to weaken on Friday after modest declines in the U.S. and Europe overnight, but South Korea's stock benchmark rebounded after Thursday's drop.
All Regional Fed Banks on Board With Wednesday's Discount-Rate Increase
All 12 of the Federal Reserve's regional reserve banks have requested to raise the discount rate to 2%.
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Regulators See Cybersecurity as Top Financial Industry Risk
Cybersecurity remains the top risk to financial sector stability, U.S. policy makers said Thursday in the first Financial Stability Oversight Council risk report under the Trump administration.
Bank of Canada Head Likens Bitcoin Mania to 'Gambling'
Bank of Canada Gov. Stephen Poloz said Thursday that bitcoin's ascent has all "the ingredients of something that could be a significant disturbance" to the financial system.
Behind Discount Brokers' Boom: Advisers, Not Day Traders
Charles Schwab and TD Ameritrade rake in client assets, catering to wealth managers and reinvigorating their businesses.
Latest Tax Reform Stumble Hits Stocks
Major stock indexes added to losses Thursday after Sen. Marco Rubio said he would oppose a Republican tax bill unless it includes a credit for the working poor that he had championed.
Several GOP Senators Press for Late Changes in Tax Bill
Several Republican senators, including Marco Rubio, expressed last-minute doubts about the tax plan in Congress, possibly an attempt to strengthen their negotiating positions before final votes planned for next week.
Mexico's Central Bank Raises Rates as Inflation Concerns Mount
The Bank of Mexico raised interest rates by a quarter percentage point after a six-month pause, as policy makers have grown increasingly worried about high inflation.
Bank of Canada's Poloz Ready to Keep Policy 'Quite Stimulative'
Bank of Canada Governor Stephen Poloz said he is willing to keep rate policy "quite stimulative" and let upside inflation risks build until there is evidence spare labor capacity has evaporated and economic uncertainties have faded.
(END) Dow Jones Newswires
December 14, 2017 23:15 ET (04:15 GMT)