Asia markets to rise in muted session as lots of marketplaces shut for holiday

Asia markets to rise in muted session as lots of marketplaces shut for holiday


Aerial check out of the money town of Seoul in South Korea, found at sunset.

Tobiasjo | E+ | Getty Pictures

Shares in Tokyo and Seoul are set to trade bigger on Friday in a muted session as most marketplaces are closed for a holiday in the broader Asia-Pacific area.

The Nikkei futures deal in Chicago was at 27,620 even though its counterpart in Osaka was at 27,556 against the Nikkei 225‘s very last close at 27,472.63. South Korea’s Kospi 200 futures also pointed to a better open.

Australia, Hong Kong, mainland China, Singapore and India are shut.



Supply

Databricks obtains .8 billion in additional debt ahead of IPO
World

Databricks obtains $1.8 billion in additional debt ahead of IPO

Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now sits on over $7 billion in debt, the person added. The company declined to comment. Databricks is among the highly valued technology companies that are primed […]

Read More
Iran is not a major oil producer, but it still moves prices. Here’s why
World

Iran is not a major oil producer, but it still moves prices. Here’s why

Oil prices rose Friday as President Donald Trump’s renewed threats against Iran raise concerns about supply disruptions. Iran is not a major oil producer. The country pumps about 3.4 million barrels per day, according to Kpler. That number pales in comparison with the U.S. and Saudi Arabia, which pump about 13.5 million barrels per day […]

Read More
European markets close lower; Ericsson pops 10% after fourth-quarter profit beat
World

European markets close lower; Ericsson pops 10% after fourth-quarter profit beat

LONDON — European markets finished Friday’s session in negative territory as investors digested events at Davos, including Ukrainian President Volodymyr Zelenskyy’s excoriating speech about the continent. The pan-European Stoxx 600 ended the session 0.2% lower, with major bourses in mixed territory. European stocks had finished higher on Thursday after U.S. President Donald Trump said a […]

Read More