"This is an important sign for investors, as another standstill of the European economy would have devastating consequences," said Milan Cutkovic, Market Analyst at AxiCorp.
Markets were also waiting for US Federal Reserve Chairman Jerome Powell's speech on Thursday, which could offer further cues on the US economic recovery. "We've had a disappointing set of flash PMIs last week, which gives you an impression that after the initial rebound, the recovery is going to stall," said Andrea Cicione, head of strategy at TS Lombard.
HiQ International soared nearly 26 per cent after private equity firm Triton announced a 3.9 billion crown cash bid for the Swedish IT consultancy firm.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe: Stocks end lower as heavyweight resource players weigh[BENGALURU] European shares fell on Tuesday, hurt by losses in British blue chips, while mixed economic data and continued growth in novel coronavirus cases cut short optimism over a possible Covid-19 treatment. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Seoul: Stocks see biggest gain in a month on trade hopes[SEOUL] South Korean shares closed 1.6 per cent higher on Tuesday, their sharpest gain in nearly a month, after the United States and China indicated progress in their trade talks and daily Covid-19 infections in the country eased from their peaks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Asia stocks near 2-year high as coronavirus treatment hopes lift moodSINGAPORE (REUTERS) - Asia's stock markets opened higher on Tuesday (Aug 25) following a Wall Street rally driven by vaccine hopes, while the dollar found some support ahead of a key central bank speech.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
STI 0.8% higher following Wall Street gains; glove-maker stocks among biggest losersSINGAPORE stocks ended Tuesday higher, following a coronavirus-fuelled stock market rally in which Wall Street booked gains, with investors buoyed by news of a newly-approved Covid-19 vaccine, as well as the potential easing of US-China trade tensions. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hong Kong: Stocks start slightly higher[HONG KONG] Hong Kong shares opened Tuesday morning with further gains, boosted by hopes for a virus vaccine and after Chinese and US officials agreed to push on with their trade pact signed earlier this year. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Stocks to watch: GuocoLand, Axington, SATS, Aspen, SIA, KoufuTHE following companies saw new developments that may affect trading of their securities on Tuesday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »