Advertisement
Singapore markets close in 1 hour 6 minutes

  • Straits Times Index

    3,280.06
    -7.69 (-0.23%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,650.94
    +366.40 (+2.12%)
     

  • FTSE 100

    8,126.91
    +48.05 (+0.59%)
     

  • Bitcoin USD

    64,312.25
    +270.80 (+0.42%)
     

  • CMC Crypto 200

    1,387.60
    -8.93 (-0.64%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,357.30
    +14.80 (+0.63%)
     

  • Crude Oil

    84.02
    +0.45 (+0.54%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,574.03
    +4.78 (+0.30%)
     

  • Jakarta Composite Index

    7,069.37
    -85.92 (-1.20%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Hammond welcomes MasterCard's takeover of payments firm VocaLink

Reuters

LONDON (Reuters) - Chancellor Philip Hammond said MasterCard's (MA.N) decision to buy London-based payments processing company VocaLink showed foreign investors' continued confidence after Britain's decision to leave the European Union.

"MasterCard's decision to buy VocaLink shows that Britain remains an attractive destination for international investors. Britain is and continues to be an open and globally facing country in which to do business," he said.

MasterCard agreed on Thursday to pay 700 million pounds for a 92.4 percent stake in VocaLink, which was mostly owned by a consortium of British banks.

(Reporting by Kate Holton and David Milliken; editing by Stephen Addison)