Asia-Pacific shares ended up blended on Monday following U.S. shares soared on Friday on a report that some Fed officers are concerned about tightening coverage also much.
Supply
Hong Kong’s Hang Seng down 4% in blended Asia trade Japan’s yen weakens in spite of stories of intervention
World
Japan’s Nikkei 225 crosses 50,000 for the first time, leading gains in the region
Japan’s Nikkei 225 breached the 50,000 mark for the first time Monday, leading regional gains as investors cheered progress in U.S.-China trade talks and strong momentum from Wall Street. The benchmark index rose over 2%, while the Topix added 1.61%. South Korea’s Kospi jumped 1.83% after hitting a record high on Friday, while the small-cap […]
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World
Stock futures climb ahead of Big Tech earnings, widely expected Fed rate cut: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures rose Sunday evening as investors looked ahead to a widely expected interest rate cut by the Federal Reserve and a raft of Big Tech earnings reports. S&P 500 futures and Nasdaq 100 futures were up roughly 0.7% and 0.9%, respectively. Futures […]
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World
Novartis is in talks to buy U.S. biotech firm Avidity Biosciences for more than $70 a share, Bloomberg News reports
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 […]
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