Asia stocks rally on Fed cut bets; Aussie jumps on jobs data
By Kevin Buckland TOKYO (Reuters) - Asian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of U.S. consumer inflation...
Ausie dollar rebounds from 1-yr low as strong jobs raise rate cut uncertainty
-- The Australian dollar rose sharply on Thursday, rebounding from a one-year low after stronger-than-expected labor data raised doubts over the potential timing of...
Dollar holds steady despite rate cut bets; Aussie rises after jobs data
By Brigid Riley TOKYO (Reuters) - The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the previous session, supported by a rise in U.S. Treasury...
Trump invites China's Xi Jinping to attend inauguration, CBS News reports
WASHINGTON (Reuters) -U.S. President-elect Donald Trump has invited Chinese President Xi Jinping to attend his inauguration next month, CBS News reported on Wednesday, citing...
China is considering softer currency
(Corrects title of Saxo's Charu Chanana to chief investment strategist from head of currency strategy) (Reuters) - Reuters reported on Wednesday that China is considering allowing...
Stunning rally in Big Tech drives Nasdaq to 20,000
By Saqib Iqbal Ahmed, Suzanne McGee and Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) - The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an...
UK housing market gathers pace despite cloudy outlook, RICS survey shows
(Reuters) - Britain's housing market strengthened further in November although uncertainty over the economic outlook could curtail activity in the months ahead, according to a...
Brazil's central bank hikes more than expected, signals more tightening ahead
By Marcela Ayres BRASILIA (Reuters) -Brazil's central bank raised interest rates by a greater-than-expected 100 basis points on Wednesday and pointed to matching hikes for the...
Brazil's Lula to undergo new surgery to minimize further brain bleeding
SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva will undergo a new procedure on Thursday morning to complement the surgery he went through this week to drain a...
US House passes massive defense policy bill, despite transgender provision
By Patricia Zengerle WASHINGTON (Reuters) -The U.S. House of Representatives passed a defense policy bill on Wednesday, governing a record $895 billion in annual military...