Shares in New York fell and were poised to snap a four-week win streak as upward momentum stalled.In New York: BHP -0.7% Rio -2.7% Atlassian -4.5%The local currency fell 0.7 per cent, solidifying its US68¢ handle.The yield on the US 10-year note leapt 10 basis points to 2.98 per cent at 3.05pm in New York.
“It is concluded that the Proposed Transaction is consistent with the public interest and is authorised” subject to conditions, Carlos D. Clay, acting director division of electric power regulation, said in the filing. The benchmark index is set to end the week about 1 per cent weaker as investors weigh weak economic data, the impact of tighter monetary policy, fears of spiralling inflation and shrinking economies across the region. It gained more than 1 per cent last week.Indonesia may impose a tax on nickel exports this year, President Joko Widodo told Bloomberg, as the biggest producer of the electric-vehicle battery metal looks to refine more at home.