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SEOUL, South Korea (AP) — Global stock markets have been higher today, buoyed by strong U.S. corporate earnings and upbeat data from Asia. Investors are looking ahead to a European Central Bank policy decision later in the day. In early European trading, Britain's FTSE, France's CAC 40 and Germany's DAX gained. Most Asia shares closed up. Dow and S&P futures suggest that Wall Street will open in positive territory.
FRANKFURT, Germany (AP) — The head of the European Central Bank will face questions today about when and how the bank might withdraw its stimulus measures. Mario Draghi is not expected to give much away at his news conference following the meeting of the bank's 25-member governing council, at which no changes in the stimulus are expected.
WASHINGTON (AP) — The Trump administration has withdrawn or delayed 860 proposed regulations in its first five months, the beginnings of a regulatory overhaul meant to bolster economic growth. According to the White House budget office, federal agencies have withdrawn 469 proposed regulations compared to a fall 2016 report when Barack Obama was president. This includes 19 regulations with an economic impact of $100 million or more. Another 391 regulations have been delayed for further evaluation and consideration.
WASHINGTON (AP) — A new poll suggests the United States may be shifting toward the political left on health care. A survey from the Associated Press-NORC Center for Public Affairs Research finds that 62 percent of Americans say it's the federal government's responsibility to make sure that all Americans have health care coverage. Another 37 percent say it is not. That 62 percent is a significant increase from just a few months ago. Concern about insurance losses may be behind the change.
TOKYO (AP) — The chief executive of SoftBank Group says artificial intelligence combined with data gathered by billions of sensors will bring on an "information revolution," that will benefit people more than the 19th Century Industrial Revolution. Masayoshi Son, Japan's richest person, believes massive data will help treat cancer, deliver accident-free driving and grow safer food. SoftBank, the first carrier to offer the Apple iPhone in Japan, has bought leading British semiconductor company ARM, and it's trying to acquire U.S. robotics pioneer Boston Dynamics.
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