Stocks

  • Daily Markets Briefing: STI up 0.2% Singapore Business Review - 28 minutes ago
    Daily Markets Briefing: STI up 0.2%

    Another loss is likely today. According to OCBC, the mixed showing on Wall Street after the long weekend could continue to keep local sentiment muted, and see the index drifting sideways yet again today. ...

  • The patents cover wireless communications, video, cloud and multimedia technologies, spokeswoman Kaylene Hong said without specifying the terms. The acquisition came as part of a broader agreement announced Wednesday with the U.S. software giant, under which Microsoft Office and Skype will come pre-installed on devices …

  • Tokyo stocks opened lower Wednesday as profit-taking set in after five straight positive sessions, following a lacklustre lead from Wall Street. Equity markets in the US and Europe mostly fell Tuesday ...

  • Japanese and Australian shares drove the regional index down for the first time in six days, after U.S. equities declined on their first day of trading this week. Speculation the world economy is strong enough to withstand higher U.S. borrowing costs has steadied global markets over the past week, as traders keep odds …

  • The MSCI Asia Pacific Index declined 0.5 percent to 128.58 as of 9:09 a.m. in Tokyo. “Now is not the time to buy actively,” Chihiro Ohta, senior strategist at SMBC Nikko Securities Inc. said by phone. The Fed’s rate outlook continues to occupy investors, with traders putting the odds of a hike by July at more than 50 …

  • The Topix index declined 1 percent to 1,366.59 as of 9:08 a.m. in Tokyo, with all of its 33 industry groups dropping on volume 18 percent higher than the 30-day intraday average. The yen added 1.4 percent against the pound and 0.4 percent against the dollar on Tuesday after a poll showing voters in the U.K. are leaning …

  • SoftBank has established a new trust with the intention of divesting $5 billion in Alibaba’s American depositary receipts in a private placement “to qualified institutional buyers,” the Japanese company said in a statement Tuesday. The deal shouldn’t change how Alibaba shareholders view the stock because SoftBank still …

  • Rates fall at weekly US Treasury auction Associated Press - 2 hours 35 minutes ago

    Interest rates on short-term Treasury bills fell in Tuesday's auction to their lowest levels in two weeks. The Treasury Department auctioned $31 billion in three-month bills at a discount rate of 0.340 ...

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