Asia-Pacific marketplaces trade blended immediately after Friday’s rally

Cling Seng index shut on Friday at greatest considering the fact that March 16

The Dangle Seng index in Hong Kong shut its session very last Friday 7.7% larger, observing its very best working day given that March 16, when the index rose 9.08%.

On a weekly foundation, the index rose 7.2% as China eased Covid actions, following seeing a acquire of 8.73% the past 7 days on rumors of China’s reopening options.

The index is up almost 18% month-to-date and could post its very best regular performance since April 1999, when the Hang Seng index obtained 21.85%.

— Gina Francolla, Jihye Lee

Supply

Novartis is in talks to buy U.S. biotech firm Avidity Biosciences for more than a share, Bloomberg News reports

World

Novartis is in talks to buy U.S. biotech firm Avidity Biosciences for more than $70 a share, Bloomberg News reports

October 26, 2025

Signage for Novartis AG at a building in the company’s headquarters campus in Basel, Switzerland, on Monday, Jan. 8, 2023. Bloomberg | Bloomberg | Getty Images Swiss pharmaceutical giant Novartis is nearing a deal to buy biotechnology company Avidity Biosciences for more than $70 a share, Bloomberg News reported, citing a person familiar with the […]

World

Scott Bessent says he’s ‘felt this pain’ from China because ‘I’m actually a soybean farmer’

October 26, 2025

Treasury Secretary Scott Bessett said Sunday he, too, has “felt pain” from China refusing to buy U.S.-grown soybeans during a trade conflict with President Donald Trump because “I’m actually a soybean farmer.” Bessent’s comment came during an interview with ABC News’ “This Week,” where he said that trade negotiations with China in the past two […]

World

These 4 traits help successful people achieve their goals more often than most, Ivy League psychologist says: ‘Stop writing in your journal’

October 26, 2025

People who consistently achieve their goals have a few key traits in common, according to psychologist Angela Duckworth. Duckworth, a University of Pennsylvania professor and bestselling author, has spent more than 15 years studying the concept of “grit,” or what pushes someone to stay dedicated to — and eventually meet — their long-term goals. Many […]