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Asian stocks mixed as investors gauge impact of US tax plan | Money

SEOUL, South Korea (AP) — Asian markets were mixed on Thursday as investors tried to gauge the impact from the sweeping tax reform plan unveiled by President Donald Trump while geopolitical tensions surrounding North Korea kept risk sentiment in check. KEEPING SCORE: Japan’s Nikkei rose 0.5 percent to 20,363.11 and …

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Asian stocks mixed as investors gauge impact of US tax plan

SEOUL, South Korea — Asian markets were mixed on Thursday as investors tried to gauge the impact from the sweeping tax reform plan unveiled by President Donald Trump while geopolitical tensions surrounding North Korea kept risk sentiment in check. KEEPING SCORE: Japan’s Nikkei rose 0.5 percent to 20,363.11 and Australia’s …

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Dollar, bond yields rise on Trump tax plan; Asia stocks fall

TOKYO (Reuters) – The dollar and U.S. bond yields rose on Thursday after President Donald Trump proposed the biggest U.S. tax overhaul in three decades and as strong U.S. economic data supported the case for a Federal Reserve rate hike later this year. The dollar’s strength pressured many emerging market …

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Taiwan tech stocks hit by faltering iPhone expectations

Shares in Taiwan’s Apple suppliers have taken a hit from worse than expected sales forecasts for the iPhone 8 and production issues associated with the upcoming iPhone X. While the iPhone X is expected to sell well, a production constraint related to the phone’s facial recognition function — specifically the …

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