Asia Stocks Climb on Biggest U.S. Rally Since 2009: Markets Wrap
published Dec 26, 2018 7:55:35 PM, by Christopher Anstey (Bloomberg) — Asian stocks climbed on Thursday after the biggest rally in U.S. equities since 2009 offered relief from this month’s wrenching global market downturn. Japanese benchmarks jumped well over 3 percent and Australian shares advanced more than 1 percent as
Traders See End to `Feverish Fear-Mongering’ After Stocks Surge
published Dec 26, 2018 7:37:43 PM, by Abhishek Vishnoi, Min Jeong Lee, Matthew Burgess and Livia Yap (Bloomberg) — Some Asia equity traders greeted U.S. stocks’ best rally since 2009 — and subsequent strong gains in Japanese shares — with conviction that this is more a turning point than a
U.S. Stock Futures Slide as S&P 500 Verges on a Bear Market
published Dec 25, 2018 8:49:40 PM, by Sarah Ponczek (Bloomberg) — U.S. stock-index futures extended their losses, signaling that the benchmark for American equities could enter a bear market when cash markets reopen on Dec. 26. March contracts on the S&P 500 Index slipped 0.4 percent as of 10:48 a.m.
Mnuchin Called Top U.S. Bank Executives on Market Stability
published Dec 23, 2018 5:07:18 PM, by Saleha Mohsin and Ros Krasny (Bloomberg) — Treasury Secretary Steven Mnuchin called top executives from the six largest U.S. banks over the weekend, he said Sunday on Twitter, a move that followed heavy losses in the stock market last week and a partial
U.S. Stock Futures Mixed as D.C. Turmoil Unnerves Before Break
published Dec 23, 2018 6:28:28 PM, by Vildana Hajric and Elena Popina (Bloomberg) — U.S. stock futures were mixed, signaling the S&P 500 may get a reprieve from a months-long rout as investors speculated the chaos gripping Washington won’t spill over into the economy. Contracts on the S&P 500 retreated
U.S. Claim of Broad Spying Campaign Prompts Chinese Rebuke
published Dec 20, 2018 8:21:34 PM, by Tom Schoenberg, Chris Dolmetsch and Jennifer Epstein (Bloomberg) — The U.S. Justice Department announced indictments accusing Chinese officials of coordinating a decade-long espionage campaign to steal intellectual property and other data from dozens of companies, drawing a strong denial from China. Two Chinese
Buying or Selling: Mining Leaders Talk About Their 2019 Plans
published Dec 20, 2018, 6:00:00 PM, by Danielle Bochove(Bloomberg) — U.S.-China trade tensions weighed on copper miners in 2018 as fears of a global economic slowdown overshadowed other fundamentals. Meanwhile gold producers struggled as bullion lost its safe-haven luster until late in the year. What’s ahead in 2019? We asked four
U.S. Is Said to Plan Withdrawal of 7,000 Troops From Afghanistan
published Dec 20, 2018, 7:22:50 PM, by Tony Capaccio(Bloomberg) — The U.S. plans to withdraw 7,000 troops from Afghanistan, about half the number that are currently there, according to a U.S. defense official. Reports of the move come one day after President Donald Trump said he would withdraw U.S. forces from
China Is Said to Prioritize Capital Market Reform in Coming Year
published Dec 20, 2018, 6:57:57 PM, by Bloomberg News(Bloomberg) — Chinese regulators will focus on improving the legal framework of capital markets and reducing state intervention next year, according to an official with knowledge of the discussions. Authorities came to a consensus on these key aims for China’s financial markets during
Want to Cut Your Tax Bill? Then Keep Reading and Call Your CPA
published Dec 17, 2018, 3:00:00 AM, by Laura Davison(Bloomberg) — President Donald Trump pledged that his tax law would kill off breaks and complex loopholes for the wealthy. Instead, the overhaul has ushered in a new generation of maneuvers that taxpayers can exploit before Dec. 31 to minimize next year’s bills.
