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Wall Street futures tepid ... Japan's central bank upbeat ... SoftBank agrees to investment



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SEOUL, South Korea (AP) — Global markets wavered today as attacks in Germany and Turkey kept investors' appetite for risk in check. The yen fell after the Bank of Japan kept its policy unchanged as expected. Futures augured a tepid start on Wall Street. S&P futures added 0.2 percent while Dow futures rose 0.1 percent

TOKYO (AP) — Japan's central bank wrapped up its final meeting of the year today on an upbeat note, citing signs of improvement in exports, investment and industrial production, while keeping its ultra-lax monetary policy unchanged. The Bank of Japan said its key policy interest rate would stay at negative 0.1 percent.

TOKYO (AP) — Japanese telecoms and energy company SoftBank has agreed to invest $1 billion in the U.S. company OneWeb Ltd., which plans to build a factory in Florida that the companies say could create 3,000 jobs. The $1 billion commitment follows a promise by SoftBank founder Masayoshi Son to President-elect Donald Trump to create 50,000 jobs and invest $50 billion in U.S. startups.

ATLANTIC CITY, N.J. (AP) — The gambling industry is waiting to see how the first former casino owner to become president will handle the industry. The industry is dealing with three major issues that all could be influenced or decided by federal action: internet gambling, sports betting and daily fantasy sports. President-elect Donald Trump once owned three Atlantic City casinos, but gambling was barely talked about during the campaign.

SACRAMENTO, Calif. (AP) — The nation's largest public pension system is giving up tobacco. The California Public Employees' Retirement System has decided to sell its last $550 million worth of tobacco-related investments nearly two decades after trading away the bulk of them.

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The Associated Press

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