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CNBC Closing Bell February 21, 2018

Back again, but well confirm or deny it later here yeah. The dows gains up 138now, and still across the board, half a percent higher, russell up more than 1 . Bob has more on Market Reaction, and kayla is in washington with the highlights from the med fins, fin minutes. They acknowledged stronger growth than previously forecasted, but said its policy of gradual rate hikes would sustain the growth saying that strategy remained, quote, appropriate. One reason for the stronger Growth Outlook was the enactment of tax reform. Minutes note uncertainty among several members about whether the Corporate Tax cut results in business and capacity expansion, but noting that its the early days of companies deciding how to allocate those savings. As for inflation, the fed is shooting for the 2 target in the medium term and said a lower dollar spurs inflation, but participants noted signs of a broad based pickup in wage growth keep in mind, the meeting took place in the end of january before the most

More Chinese Tech Convertibles May Follow Alibaba, JD com Sales

More Chinese Tech Convertibles May Follow Alibaba, JD com Sales
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

More Chinese tech convertibles may follow Alibaba, JD com sales

More Chinese technology companies might turn to convertible bonds, after Alibaba Group Holding and JD.com raised a combined US$6.5 billion through such notes.

Alibaba, JD com convertible bond sales may spur other Chinese internet giants

Meituan, Tencent, NetEase and PDD Holdings are potential candidates to sell convertibles, according to UOB Kay Hian analyst Julia Pan.

Tencent Game Threat Seen Overdone in NetEase s $8 Billion Selloff

Tencent Game Threat Seen Overdone in NetEase s $8 Billion Selloff
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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