Asian Stocks Weaken as Investors Look to State of the Union
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Stocks markets in Asia mostly continued to weaken early Wednesday as investors awaited U.S. President Donald Trump's State of the Union address.
China Official Manufacturing PMI Slows for Second Month in January
An official gauge of China's factory activity fell for a second straight month in January, pointing to a slowing of growth in the manufacturing sector, that adds to recent signs of softness in the world's second largest economy.
BOJ's Kuroda Reiterates Pledge to Continue Easy Policy
Bank of Japan Gov. Haruhiko Kuroda renewed his pledge Wednesday to continue the central bank's easy policy with the aim of spurring inflation further, in an apparent attempt to cool down recent tightening speculation.
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Japan's December Industrial Output Rises More Than Expected
Japan's industrial production rose a better-than-expected 2.7% in December. Gains in the output of cars, heavy machinery and metal products boosted the monthly production figures.
Some BOJ Members Raise Issue of Possible Policy Review
Some Bank of Japan's policy board members continued to talk about a possible review of the bank's ultra-easy policy at last week's policy meeting, although the board still sees current program as appropriate for now, according to a summary of opinions released by the central bank.
U.K. Consumer Confidence Rebounds in January
U.K. consumer sentiment in January bounced back from a four-year low the previous month, a survey published Wednesday showed, as Britons became more optimistic about their own finances as well as the overall economy.
Australian Inflation Rises Modestly in 4th Quarter
Australian consumer prices rose 0.6% in the fourth quarter of 2017, and were up 1.9% from a year earlier, the Australian Bureau of Statistics said Wednesday.
Amazon, Berkshire, JPMorgan Partner to Pare Health Costs
Amazon.com, Berkshire Hathaway and JPMorgan are forming a company to figure out how to reduce health-care costs for their hundreds of thousands of U.S. employees.
SEC Moves to Stop $600 Million Digital Coin Offering
Federal regulators moved to halt an initial coin offering that allegedly raised $600 million in what amounts to the biggest U.S. intervention yet into the world of raising money by issuing digital tokens.
Rising Bond Yields Punish High-Dividend Stocks
Rising bond yields are starting to compete with stocks that pay some of the biggest dividends, leaving these companies behind even as the stock market has rallied to new highs.
(END) Dow Jones Newswires
January 30, 2018 21:15 ET (02:15 GMT)