Dollar Pulls Back After Rallying on Trump's Comments
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While other Asian markets mostly marked time as the dollar wobbled, Hong Kong's Hang Seng Index rose to a record on strength in bank stocks.
Here's Where There Could Still Be Value in Global Stocks
Stocks are expensive, but global factories are suddenly running very hot. Investors still looking for an entry point might want to take a look at the big beneficiaries.
NYSE, Nasdaq Fighting to Keep Their Grip on the Stock Market's Close
The New York Stock Exchange and Nasdaq Inc. are making a last-ditch effort to retain their grip on the crucial 4 p.m. closing auctions that determine end-of-day prices for thousands of stocks.
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Japan Inflation Maintains Same Pace in December
Japan's core inflation rose for a 12th straight month in December but failed to gain any additional upward momentum, a reading that may temper recent speculation about possible monetary policy tightening in Japan.
Some BOJ Members Call for Assessment of Policy Effects
Some Bank of Japan's policy board members are concerned about side effects of the bank's current monetary easing measures, though they remain cautious about discussing an exit from stimulus measures, according to minutes of the December policy meeting.
China Issues Detailed Plan for Corporate Debt-Equity Swaps
China's regulators released a plan on Friday mapping ways for indebted companies to swap debt for equity, its latest effort to cut leverage in the world's second largest economy.
China Industrial Profit Growth Slowed in December
Profit growth at China's large industrial firms slowed for a third straight month, adding to recent signs of slowing momentum in the Chinese economy, official data showed Friday.
Fears Proposed Korea Tax Change Will Scare Off Foreign Investors
South Korea's plan to change the tax regime for foreign investors has sparked warnings it could throttle the flow of overseas money that has fueled the stock market's record highs.
EPA Withdraws Air Pollution Policy
The Trump administration is withdrawing a decades-old air policy aimed at reining in some of the largest sources of hazardous pollutants like mercury and lead.
Dollar Bounces Back After Trump's Comments
The dollar staged a powerful late-day comeback after President Donald Trump said the U.S. currency would get "stronger," appearing to contradict comments made only the day before by his Treasury secretary.
(END) Dow Jones Newswires
January 26, 2018 03:15 ET (08:15 GMT)