Australia’s ASX 200 futures are up +0.3% but Japan’s Nikkei
Index futures are lower. Yum China earnings were reported in the States after
the closing bell and in line with estimates but YUMC collapses -7% in late
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Federal Reserve Vice
Chairman Fischer says the US government must take measures with fiscal policy
to boost the lackluster productivity growth. Fischer says business investment
is needed to spur innovation and employee training and education will also
increase productivity. Fischer does not directly comment on monetary policy.
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