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U.S. tax reform move boosts dollar, stocks, bond yields

LONDON European stocks, the dollar and bond yields climbed on Friday as investors speculated on the return of the "Trumpflation trade", after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.

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Analysis: Bank of England's 'unreliable boyfriend' needs to get message right

LONDON For the Bank of England, the hard bit about finally raising interest rates will be getting borrowers to heed the message it is likely to send: that they should not fear many more hikes any time soon.

Budget 2017, 1:35pm IST

Nikkei posts longest winning streak since 1961 on weaker yen, Abe hopes

TOKYO Japan's Nikkei share average rose for the 14th straight session on Friday to post its longest winning streak in over 50 years, as a weaker yen helped stocks recoup earlier losses.

Budget 2017, Japan 12:01pm IST

Exclusive: Tech companies to lobby for immigrant 'Dreamers' to remain in U.S.

SAN FRANCISCO Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters.

Top News, Budget 2017, Tech 9:09am IST

Singapore Airlines to finalise $13.8 billion Boeing order next week

SINGAPORE Singapore Airlines Ltd said on Friday it will finalise an order for 39 Boeing Co aircraft worth $13.8 billion at list prices when Singaporean Prime Minister Lee Hsien Loong visits Washington D.C. next week.

Slower property, construction growth drag on China third-quarter GDP but services pick up

BEIJING China posted relatively solid economic growth in the third quarter, driven by a stronger services industry, though there were signs of weakness in real estate and construction as property cooling measures start to bite, data showed on Friday.

Budget 2017, Economy 12:11pm IST

Markets

  • Asia
  • U.S.
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  • Sectors
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Sensex 32,389.96 -194.39 -0.60%
Nikkei 21,457.64 + 9.12 +0.04%
Hang Seng 28,487.24 + 328.15 +1.17%
EUR/INR 76.686 -0.42%
USD/INR 65.005 +0.02%
GBP/INR 85.345 -0.19%
Gold 1,279.60 -7.30 -0.57%
Oil 51.04 -0.25 -0.49%
Corn 348.50 -0.50 -0.14%

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