|Day's Range||22,478.32 - 22,745.09|
|52 Week Range||18,224.68 - 23,382.15|
** China's top oil and gas company CNPC is considering taking over Total's stake in a giant Iranian gas project if the French company leaves Iran to comply with any new U.S. sanctions, industry sources said. ** Property developer Sunac China Holdings Ltd said it would sell HK$7.82 billion ($1 billion) worth of new shares to its major shareholder, the second share placement in five months after it vowed to slash its debt ratio.
HONG KONG (AP) — Asian and European share benchmarks were mostly lower Friday as investors shrugged off upbeat data from Japan and waited to see if U.S. politicians could pass tax reform legislation before Christmas.
Japanese stocks fell to their lowest in more than a week on Friday, with mobile firms extending a sell-off on concerns of increased competition after e-commerce group Rakuten said it aims to become the country's fourth wireless carrier. KDDI Corp tumbled 6.7 percent, NTT Docomo skidded 4.6 percent and SoftBank, which has a more diversified business portfolio, shed 2.4 percent. The sell-off was triggered after Rakuten Inc said it was weighing entry into the mobile carrier market, which would set it up to compete with the telecom giants.
TOKYO/SAN FRANCISCO (Reuters) - Chinese regulators have begun an antitrust review of Toshiba Corp's $18 billion deal to sell its memory chip unit, two months after the Bain Capital-led buying consortium applied for approval, the Nikkei business daily said on Friday. The embattled Japanese conglomerate has said it would like to see the deal close before the end of March, although that target date has been seen as overly optimistic after a long and contentious auction process delayed Toshiba's decision on the buyer. The Nikkei report said Chinese regulators started the review this month.
TOKYO/SAN FRANCISCO, Dec 15 (Reuters) - Chinese regulators have begun an antitrust review of Toshiba Corp's $18 billion deal to sell its memory chip unit, two months after the Bain Capital-led buying consortium applied for approval, the Nikkei business daily said on Friday. The embattled Japanese conglomerate has said it would like to see the deal close before the end of March, although that target date has been seen as overly optimistic after a long and contentious auction process delayed Toshiba's decision on the buyer. China's Ministry of Commerce, which carries out antitrust reviews of global mergers, did not immediately comment when contacted by Reuters on Friday.
Japanese stocks fell to more than a week low on Friday morning, with mobile firms extending a sell-off on concerns of increased competition after Rakuten said it aims to become Japan's fourth wireless carrier. The sell-off was triggered after Rakuten Inc said it was weighing entry into the mobile carrier market, which would set it up to compete with the telecom giants. On the other hand, heavyweight stocks such as clothing company Fast Retailing Co rose 0.2 percent, while chip equipment makers also gained ground, with Tokyo Electron rising 0.7 percent and Advantest gaining 0.5 percent.
After a bright start U.S. stocks slipped on Thursday after Marco Rubio, the Republican Senator from Florida, suggested he may not support the latest version of the GOP tax bill. The S&P 500 dropped 0.4%, the Dow Jones Industrial Average fell 0.3%, while the Nasdaq Composite declined 0.3%. In U.S. after-hours stock news: DDR (DDR) surges 9% after the shopping mall REIT announced the spin-off of a portfolio of 50 assets, comprised of 38 Continental U.S. assets and the entirety of the Puerto Rico portfolio into a separate publicly-traded REIT to be named Retail Value Trust ("RVT"). Hess (HES) jumped more than 6% after the Wall Street Journal reported that activist investor Elliott Management is hoping to either to remove John Hess as CEO or push him consider a sale of the energy company.
By Stephanie Kelly NEW YORK (Reuters) - World shares were lower on Thursday after concern from investors over potential obstacles to Republican's tax overhaul and a slate of policy meetings from major ...
World shares were lower on Thursday after concern from investors over potential obstacles to Republican's tax overhaul and a slate of policy meetings from major central banks in Europe. MSCI's gauge of stocks across the globe shed 0.20 percent. The Dow Jones Industrial Average fell 75.94 points, or 0.31 percent, to 24,509.49, the S&P 500 lost 10.79 points, or 0.41 percent, to 2,652.06 and the Nasdaq Composite dropped 19.27 points, or 0.28 percent, to 6,856.53.
A strategist at Deutsche Bank says retail investors have shifted to trading cryptocurrency after not profiting on foreign exchange trades.
Asian stock markets were mostly lower Friday as uncertainty about the progress of a sweeping U.S. tax revamp outweighed an optimistic Japanese economic survey. KEEPING SCORE: Japan's benchmark Nikkei 225 ...
With the Fed's much-anticipated rate hike out of the way, investors are likely to focus on a mega-media deal and tax cuts that could take U.S. stocks to new record highs.
Global stock markets fell Thursday as traders digested a series of interest rate decisions from around the world, notably the U.S. Federal Reserve's latest rate hike. However, the European Central Bank ...
The Fed's widely-anticipated rate hike still has markets scrambling to re-set prices amid a busy slate of central bank decisions and the potential for a final decision on U.S. tax reform.
Asian markets closed slightly lower in their first session following the Federal Reserve's announcement that it raised U.S. interest rates.
Asian stocks generally rose on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike, while its caution on inflation tempered expectations for 2018 tightening, weighing on the dollar and Treasury yields. As long expected, the Fed raised rates for the third time this year on Wednesday, and it stuck to its projection for three rate increases next year. The Fed projected inflation to remain shy of its goal for another year, giving policymakers little reason to accelerate the expected pace of rate increases.
Japan's Nikkei share average slipped on Thursday, as banks and insurer shares weakened in line with lower interest rates while telecommunications shares withered on news that online retailer Rakuten plans ...
Another big day for central banks with the ECB, the BoE and the SNB announcing their December monetary policy decisions, with focus being on tone as few expect any changes in policy this month. Macroeconomic data will also be in focus, as will the EU Summit and details on the tax reform bill.
Editor: Deeptha Sreedhar, +91 80 6749 9214 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 Receive this schedule by email: http://mediaexpress.reuters.com TOP STORIES China raises ...
HONG KONG (AP) — Asian stocks were mixed on Thursday after the Fed raised rates again, meeting investor expectations but providing few surprises.
Dec.14 -- Kenji Abe, Japan equity strategy head and chief strategist at Okasan Securities, discusses Japan's Tankan survey and what the data means for Japan's economy. He speaks on "Bloomberg Markets: Asia."
Mark McFarland of Union Bancaire Privee says the Bank of Japan won't change policy for at least a year as it stays focused on higher inflation outcomes.
A global rebound gathers pace as new PMI readings show Germany's private sector output growing at its strongest in over six years and the French economy surging into 2018. Japan surprised markets, too, with its best manufacturing PMI in nearly four years. David Pollard reports.