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| EU set to focus on banking union, bailout fund in euro zone overhaul BRUSSELS, Dec 15 (Reuters) - European Union leaders will focus on trying to complete a banking union and expanding the job of the euro zone bailout fund when they discuss priorities for euro zone integration on Friday, putting off contentious issues such as a budget for the currency area. Leaders of ... EU set to focus on banking union and bailout fund in euro zone overhaul - Business World (press release) (blog)
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| UPDATE 1-EU sets bank union, ESM as euro zone overhaul priorities BRUSSELS, Dec 15 (Reuters) - European Union leaders on Friday set the completion of a banking union and expansion of the role of the euro zone bailout fund as priorities for euro zone integration, putting off contentious issues such as a budget for the currency area. "In the next six months, the work of ...
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| Tug-of-War Between Euro and USD as Focus Shifts Towards 2018 This year's price action in the Euro has been very dichotomous with what the European Central Bank has been saying. The ECB has been very dovish for most of the year, appearing to be rather umoved by the improving backdrop that's been seen in the European economy. Nonetheless, throughout the ...
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| Yen | ||||||
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| Dollar dips against yen on US tax reform wrangling LONDON (Reuters) - The dollar slipped to a nine-day low against the yen on Friday, after wrangling in the United States Congress over a bill to change the tax code dented confidence that the reforms would be pushed through in their current state. The greenback had climbed to a one-month high of ...
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| FY 2018 budget draft to hit 97.7 trillion yen; 6th straight record high The total is some 200 billion yen more than the 97.5 trillion yen in the initial fiscal 2017 budget, as Japan's aging population continues to push up social security spending in particular. In anticipation of a tax revenue increase, the state is expected to issue 33.7 trillion yen worth of government bonds in ...
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| Japan eyes 5.19t yen defence budget to counter N Korea: report The government is expected to set aside 5.19 trillion yen (S$62 billion) for defence in the country's initial budget proposal for the fiscal year starting April 2018, the Nikkei daily said. It will mark the sixth straight year of increases in defence outlays, topping the 5.12 trillion yen budget for the current fiscal ...
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| Dow Jones,Nasdaq,Oil, | ||||||
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| US stocks higher at close of trade; Dow Jones Industrial Average up 0.58% The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 3.01% or 1.30 points to ... Elsewhere in commodities trading, Crude oil for delivery in January rose 0.53% or 0.30 to hit $57.34 a barrel, while the February Brent oil contract fell ...
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