GLOBAL

Asian shares scale 1-1/2-year peak on China trade, Trump`s tax cut talk

Asian shares scale 1-1/2-year peak on China trade, Trump`s tax cut talk

Published 10/02/2017

Investors look at an electronic board showing stock information on the first trading day after the New Year holiday at a brokerage house in Shanghai, China, January 3, 2017. REUTERS/Aly Song

Asian shares rallied to an 18-month peak on Friday, as investors cheered upbeat Chinese trade data and strong gains on Wall Street after U.S. President Donald Trump promised to unveil a major tax announcement to lower the burden on businesses.

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Oil prices stable on strong Chinese imports, OPEC-led production cuts

Oil prices stable on strong Chinese imports, OPEC-led production cuts

Published 10/02/2017

FILE PHOTO: An oil pump jack can be seen in Cisco, Texas, August 23, 2015. REUTERS/Mike Stone/File Photo

Oil prices were stable on Friday, supported by strong Chinese crude imports and OPEC-led production cuts, although ample U.S. fuel inventories weighed on the market.

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Dollar at 1-1/2-week high vs. yen on Trump tax vow, U.S.-Japan summit awaited

Dollar at 1-1/2-week high vs. yen on Trump tax vow, U.S.-Japan summit awaited

Published 10/02/2017

U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration

The dollar was buoyant on Friday, rising to a 1-1/2-week high versus the yen, on comments by U.S. President Donald Trump that he would announce the most ambitious tax reform plan since the Reagan era in the next few weeks.

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Oil prices stable on OPEC-led production cuts, but bloated inventories weigh

Oil prices stable on OPEC-led production cuts, but bloated inventories weigh

Published 10/02/2017

FILE PHOTO - A fuel nozzle is pictured at petrol station in Moenchengladbach March 10, 2012. REUTERS/Ina Fassbender

Oil prices were stable early on Friday, with OPEC-led production cuts supporting the market while soaring U.S. fuel inventories were weighing on crude.

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New Year, new high for euro zone stock markets

New Year, new high for euro zone stock markets

Published 02/01/2017

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, December 30, 2016. REUTERS/Staff/Remote

Euro zone stocks opened 2017 by climbing to their highest in more than a year on Monday after data showed manufacturers in the currency bloc ramped up activity at the fastest pace in more than five years.

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