Advertisement
Singapore markets close in 4 hours 2 minutes
  • Straits Times Index

    3,286.60
    -1.15 (-0.03%)
     
  • Nikkei

    38,022.79
    +394.31 (+1.05%)
     
  • Hang Seng

    17,626.75
    +342.21 (+1.98%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Bitcoin USD

    64,214.99
    -99.59 (-0.15%)
     
  • CMC Crypto 200

    1,387.54
    +4.97 (+0.36%)
     
  • 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

    2,347.90
    +5.40 (+0.23%)
     
  • Crude Oil

    83.85
    +0.28 (+0.34%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,573.86
    +4.61 (+0.29%)
     
  • Jakarta Composite Index

    7,115.99
    -39.31 (-0.55%)
     
  • PSE Index

    6,568.45
    -6.43 (-0.10%)
     

Senate to hold hearing on AT&T acquisition of Time Warner

Signage for an AT&T store is seen in New York October 29, 2014. REUTERS/Shannon Stapleton/Files

WASHINGTON (Reuters) - The U.S. Senate subcommittee on antitrust will hold a hearing sometime this year on AT&T Inc's planned acquisition of Time Warner, a spokesman for the subcommittee's chairman, Mike Lee, said on Sunday.

AT&T announced it plans to buy Time Warner on Saturday for $85.4 billion, raising concerns among U.S. lawmakers about antitrust issues.

(Reporting by David Shepardson; Writing by Julia Edwards; Editing by Bill Trott)