Colombian peso, stocks drop after tax plan’s withdrawal

Colombian peso, stocks drop after tax plan’s withdrawal
Colombia's peso, public debt and stocks depreciated on Monday after President Ivan Duque withdrew a tax reform proposal seen as important for the country's fiscal stability, sparking market uncertainty and comment from ratings agency Moody's.Duque withdrew the proposal on Sunday after staunch opposition from lawmakers and deadly street protests, but he said tax reform is… Read More

World stocks near record highs as China, US data back global recovery hopes

World stocks near record highs as China, US data back global recovery hopes
A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-HoonA batch of Chinese and U.S. economic data helped underpin global stocks near record highs on Friday, as investors priced in a solid global recovery from the coronavirus-induced slump.In Asia, markets were largely steady after China reported… Read More

World stocks near record highs as China, US data back global recovery hopes

World stocks near record highs as China, US data back global recovery hopes
A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-HoonA batch of Chinese and U.S. economic data helped underpin global stocks near record highs on Friday, as investors priced in a solid global recovery from the coronavirus-induced slump.In Asia, markets were largely steady after China reported… Read More

World stocks near record highs as China, US data back global recovery hopes

World stocks near record highs as China, US data back global recovery hopes
A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-HoonA batch of Chinese and U.S. economic data helped underpin global stocks near record highs on Friday, as investors priced in a solid global recovery from the coronavirus-induced slump.In Asia, markets were largely steady after China reported… Read More