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Sunday, June 29
by
SRN News
Shares firm in Asia as US-Canada trade talks resume
By Wayne Cole SYDNEY (Reuters) -Asia shares firmed on Monday as signs of progress in a trade standoff between the United States and Canada helped risk sentiment, while the dollar dipped on concerns U.S. jobs data will show enough weakness to justify larger rate cuts. Canada ...
Sunday, June 29
by
SRN News
Dollar droops as optimism over US trade deals boost Fed easing bets
By Kevin Buckland TOKYO (Reuters) -The dollar wallowed near its lowest in nearly four years against the euro on Monday as market optimism over U.S. trade deals bolstered bets for earlier Federal Reserve interest rate cuts. The greenback also languished near a four-year low versus sterling ...
Sunday, June 29
by
SRN News
Analysis-Larger deals power global M&A in H1, bankers signal appetite for megadeals
By Sabrina Valle, Milana Vinn and Kane Wu NEW YORK (Reuters) -Mergers and acquisitions during the first half of this year were not what investment bankers had hoped for, but a burst of big deals in Asia and renewed optimism in U.S. markets could be ...
Sunday, June 29
by
SRN News
Oil falls on prospect of more OPEC+ supply, easing risks in Mideast
SINGAPORE (Reuters) -Oil prices fell 1% on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August boosted the supply outlook. Brent crude futures fell 66 cents, or 0.97%, to $67.11 a barrel by ...
Sunday, June 29
by
SRN News
Asia shares track Wall St gains before payrolls test
By Wayne Cole SYDNEY (Reuters) -Asia shares firmed on Monday as seemingly unquenchable demand for technology companies lifted S&P 500 futures to another all-time peak, while the dollar dipped on concerns U.S. jobs data will show enough weakness to justify larger rate cuts. Investors were also ...
Sunday, June 29
by
SRN News
Japan auto trade ‘unfair’, could buy more US oil, Trump tells Fox News
(Reuters) -Japan engages in “unfair” automobile trade with the United States and should increase its imports of U.S. energy resources and other goods to help reduce the U.S. trade deficit, President Donald Trump said in an interview broadcast on Sunday. Tokyo is scrambling to find ...
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Sunday, June 29
by
SRN News
UK business confidence levels hit highest since 2015, Lloyds says
LONDON (Reuters) -Confidence levels among British employers hit a fresh nine-year high this month as companies became more optimistic about the outlook for the economy, according to a survey published on Monday. The Lloyds Bank Business Barometer rose by one point to 51%, the highest ...
Sunday, June 29
by
SRN News
Debate is underway in the Senate on Trump’s big bill. It may go all night
WASHINGTON (AP) — Debate is underway in the Senate for an all-night session Sunday, with Republicans wrestling President Donald Trump’s big bill of tax breaks and spending cuts over mounting Democratic opposition — and even some brake-pumping over the budget slashing by the president ...
Sunday, June 29
by
SRN News
It took 16 hours to read Trump’s 940-page, foot-high bill aloud. Now the long debate begins
WASHINGTON (AP) — Hours before a tumultuous nearing-midnight vote on President Donald Trump’s package of tax breaks, spending cuts and increased deportation money, a Republican senator stood on the chamber floor and implored the plan’s critics, “Read the bill.” After the dramatic 51-49 roll call ...
Sunday, June 29
by
SRN News
It took 16 hours to read Trump’s 940-page, foot-high bill aloud. Democrats were counting on it
WASHINGTON (AP) — Hours before a tumultuous nearing-midnight vote on President Donald Trump’s package of tax breaks, spending cuts and increased deportation money, a Republican senator stood on the chamber floor and implored the plan’s critics, “Read the bill.” After the dramatic 51-49 roll call ...
Sunday, June 29
by
SRN News
Republican senate tax bill would add $3.3 trillion to the US debt load, CBO says
WASHINGTON (AP) — The changes made to President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load while resulting in even steeper losses in health care coverage, the nonpartisan Congressional Budget Office said in a new analysis, ...
Sunday, June 29
by
SRN News
Trump says he’s not planning to extend a pause on global tariffs beyond July 9
WASHINGTON (AP) — President Donald Trump says he is not planning to extend a 90-day pause on tariffs on most nations beyond July 9, when the negotiating period he set would expire, and his administration will notify countries that the trade penalties will take ...
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