MARKETS: World stock markets edged higher on Wall Street up slightly and the U.S. dollar modestly weaker after details of a Republican tax plan were released and the nomination of Jerome Powell #AceFinanceDesk reports

#AFNews – 02/11/17: World stock markets edged higher on Thursday, with Wall Street up slightly and the U.S. dollar modestly weaker after details of a Republican tax plan were released and the nomination of Jerome Powell as the new head of the Federal Reserve #AceFinanceDesk reports

Reuters: Top News http://ift.tt/2Ad8Wcv #AceFinanceNews

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JUST IN: Bitcoin rockets above $7,000 (£5,288) for the first time ever this is after a sevenfold increa se in value this year #AceFinanceDesk reports

#AFNews – 02/11/17 Digital currency bitcoin rocketed above $7,000 (£5,288) for the first time ever on Thursday: This after a more than sevenfold increase in its value since the start of the year #AceFinanceDesk reports

Reuters: Top News http://ift.tt/2z6w8f9 #AceFinanceNews

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JUST IN: House 20% corporation income tax is permanent & sets 10 percent minimum tax on foreign profits of U.S. corporations: Chairman Brady #AceFinanceDesk reports

#AFNews – 02/11/17: House tax bill’s 20 percent corporate income tax rate is permanent – tax committee chairman Brady #AceFinanceDesk reports

House tax bill sets 10 percent minimum tax on foreign profits of U.S. corporations Brady said Reuters Business Report November 2, 2017 #AceFinanceNews

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JUST IN: President Trump confirms Jerome Powell as his nominee for chair of US Federal Reserve #BBC #AceFinanceDesk reports

#AFNews – 02/11/17: President Trump confirms Jerome Powell as his nominee for chair of US Federal Reserve #AceFinanceDesk reports

https://t.co/CHvRW1pHyU— #BBCNews November 2, 2017 #AceFinanceNews

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JUST IN: Time Warner shares halted after falling 6% sharply; DJ reports #DOJ is considering suit against AT&T deal #AceFinanceDesk reports

#AFNews – 02/11/17: Time Warner shares halted after falling 6% sharply; DJ reports #DOJ is considering suit against AT&T deal #AceFinanceDesk reports

https://t.co/g7UVlhHl2s http://pic.twitter.com/CUZaWvxAS7— CNBC Reports November 2, 2017 #AceFinanceNews

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MARKET REPORT: Royal Dutch Shell reports 50% rise in profits adapting well to a world of low #oil prices and refining after Hurricane Harvey pushed up cash reserves but does not expect prices of $60-70 a barrel short term #AceFinanceDesk reports

#AFNews – 02/11/17: Royal Dutch Shell reported a near 50 percent rise in quarterly profits, driven by strong refining, while solid cash generation underscored the oil and gas company has adapted well to a world of low oil prices after #Oil refining after Hurricane Harvey boosts Shell’s third-quarter profit, shares little changed #AceFinanceDesk reports

http://ift.tt/2iTcLzE As Shell doesn’t expect #oil prices getting to $60-$70 a barrel in near term, its CFO says Reuters Business Report November 2, 2017 #AceFinanceNews

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JUST IN: Bombardier reports wider third-quarter loss of 5 cents a share, says it has an order for 61 CSeries jets #Reuters #AceFinanceDesk reports

#AFNews – 02/11/17: Bombardier reports wider third-quarter loss of 5 cents a share, says it has an order for 61 CSeries jets #AceFinanceDesk reports

http://pic.twitter.com/cfAre57iaP— Reuters Business Report November 2, 2017 #AceFinanceNews

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JUST IN: #UK interest rates rise for first time in 10 years from 0.25% to 0.5%, Bank of England announces #BBC News #AceFinanceDesk reports

#AFNews – 02/11/17: UK interest rates rise for first time in 10 years from 0.25% to 0.5%, Bank of England announces #AceFinanceDesk reports

https://t.co/ZCWmEW9mWR— #BBCNews November 2, 2017 #AceFinanceNews

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MARKETS: #ASIA Shares touched a 10-year high on Thursday after the U.S. Feds optimism on economy, virtually cementing the case for a year-end rate hike, while investors wait formal nomination of the next head of the central bank, muted to be Jerome “Jay” Powell #AceFinanceDesk reports

#AFNews- 02/11/17: TRUMP’S PICK FOR NEXT FEDERAL RESERVE CHAIR: The president said he’ll announce his nominee to succeed Fed boss Janet Yellen this afternoon … I think you will be extremely impressed by this person,” Trump told reporters before a Cabinet meeting Wednesday……Trump’s leading choice is said to be Jerome “Jay” Powell, who until recently was the only Republican on the Fed board #AceFinanceDesk reports

As Asian shares touched a 10-year high on Thursday after the U.S. Federal Reserve expressed optimism about the economy, virtually cementing the case for a year-end rate hike as investors awaited the formal nomination of the next head of the central bank Reuters: http://reut.rs/2zcfbzA #AceFinanceNews

EDITOR: Thanks for following as always appreciate every like, reblog or retweet for all our daily news and minute by minute 24-hours a day on https://t.me/acenewsdaily and free help and guidance tips are on AcePCHelp.WordPress.Com or you can follow our news posts on AceBreakingNews.WordPress.Com or become a member on Telegram https://t.me/acebreakingnews