Today's Top Story
Asia stocks near record highs after Wall St. surge, dollar edges back
TOKYO (Reuters) - Asian stocks were near record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as the euro's recent rally lost steam. Read More
Apple plans new U.S. campus, to pay $38 billion in foreign cash taxes
(Reuters) - Apple Inc
will open a new campus as part of a five-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.
Exclusive: Trump considers big 'fine' over China intellectual property theft
WASHINGTON (Reuters) - President Donald Trump said on Wednesday the United States was considering a big "fine" as part of a probe into China's alleged theft of intellectual property, the clearest indication yet that his administration will take retaliatory trade action against China.
Regulatory fears hammer bitcoin below $10,000, half its peak
LONDON/TOKYO (Reuters) - Bitcoin fell as much as 20 percent on Wednesday, piercing below $10,000, while other cryptocurrencies took similar spills due to investor fears that regulators could clamp down on them in an effort to curb speculation.
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Exclusive: Trump says terminating NAFTA would yield the 'best deal' in renegotiations
WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday said that terminating the North American Free Trade Agreement would result in the "best deal" to revamp the 24-year-old trade pact with Canada and Mexico in favor of U.S. interests.
Dow ends above 26,000 on earnings optimism
NEW YORK (Reuters) - U.S. stocks jumped on Wednesday and the Dow closed above 26,000 for the first time as investors' expectations for higher earnings lifted stocks across sectors.
Republicans scramble for votes in Congress to keep government open
WASHINGTON (Reuters) - The White House on Wednesday threw its support behind a Republican proposal to avert a government shutdown at week's end with a one-month extension in funding, but it was unclear whether there were enough votes to pass it in Congress.
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Bank of America takes tax hit, vows longer-term boost
(Reuters) - Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit shareholders.
Wells Fargo's chief risk officer to retire
(Reuters) - Wells Fargo & Co said on Wednesday Chief Risk Officer Mike Loughlin will retire, and a successor will be appointed in the next few months.
Sovereign investor 2017 deal values down 24 percent at $72 billion
LONDON (Reuters) - Sovereign investor deal-making fell 24 percent in 2017 to $72.5 billion as megadeals such as China Investment Corp's (CIC) bumper $13.8 billion buy of warehouse firm Logicor, which led the pack, were thin on the ground.
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