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US tax bill

Global Markets: Asian shares rise amid US tax cut hopes; China in focus

Global Markets: Asian shares rise amid US tax cut hopes; China in focus

Mon, Dec 18, 2017

Global stock markets have surged this year, largely led by expectations of a US tax overhaul. The reform is seen boosting corporate profits, triggering share buybacks and higher dividend payouts - a boon for shareholders.

Global Markets: U.S. tax bill, Russian probe whipsaw financial markets

Global Markets: U.S. tax bill, Russian probe whipsaw financial markets

Sat, Dec 02, 2017

Stocks and the greenback tanked mid-session after an ABC report that former national security adviser Michael Flynn was prepared to testify that Donald Trump instructed him to make contact with Russians during the presidential campaign.

Gold briefly jumps 1.2% as Flynn probe roils markets

Gold briefly jumps 1.2% as Flynn probe roils markets

Sat, Dec 02, 2017

Shares on Wall Street fell immediately after the report. Investors feared the political news could affect whether the Senate will pass a tax bill backed by Trump.

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Senate Republicans release new version of tax bill

Senate Republicans release new version of tax bill

Sat, Dec 02, 2017

The changes in the "substitute amendment" released by Senate Finance Committee Chairman Orrin Hatch on Friday night include an increase in the deduction for pass-through business income from 17.4 per cent to 23 per cent, reports.

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