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GLOBAL MARKETS-US tax bill, Russian probe whipsaw financial markets NEW YORK, Dec 1 (Reuters) - U.S. stocks, the dollar and Treasury yields sank on Friday after an ABC report said former national security adviser Michael Flynn was prepared to testify that Donald Trump instructed him to make contact with Russians during the presidential campaign. The sharp moves ...
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News Highlights: Top Financial Services News of the Day The Return of the Repo: A Market's Postcrisis Comeback. An obscure but vital corner of financial markets-repurchase agreements-is making a comeback after the financial crisis as banks begin to rejoin the increasingly buoyant market. Erdogan Allowed Turkish Banks to Help Iran Launder Money, ...
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GLOBAL MARKETS-Stocks rise on US tax plan bets; oil ends up U.S. stocks had opened higher as Wednesday's selloff in technology and other high-flying stocks reversed. The tax bill proposal, expected to reduce corporate taxes, is seen by most analysts as a boon to the stock market. "It's anticipation of the tax bill getting through, and (the market) took another leg up ...
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S.Korea stocks edge up, won muted SEOUL, Dec 1 (Reuters) - Round-up of South Korean financial markets: ** South Korea's KOSPI stock index rose on Friday. The Korean won slightly eased in the local platform and bond yields fell. ** At 01:13 GMT, the KOSPI was up 1.49 points or 0.06 percent at 2,477.86. The benchmark index touched ...
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US tax bill, Russian probe whipsaw financial markets By Rodrigo Campos. NEW YORK (Reuters) – U.S. stocks, the dollar and Treasury yields sank on Friday after an ABC report said former national security adviser Michael Flynn was prepared to testify that Donald Trump instructed him to make contact with Russians during the presidential campaign.
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