Tokyo stocks close lower on profit-taking | Malay Mail

Investors remained cautious ahead of corporate earnings season later this month and are closely watching developments in the US presidential election campaigns, analysts said. — Reuters pic

The benchmark Nikkei 225 index fell 0.26 per cent, or 61.0 points, to close at 23,558.69, while the broader Topix index slipped 0.24 per cent, or 4.03 points, to 1,643.35.“Profit-taking easily emerges at the Nikkei’s current level,” said Shinichi Yamamoto, a broker at Okasan Securities in Tokyo.

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Saudi’s NCB buys Samba in US$15b bank merger | Malay MailRIYADH, Oct 12 — Saudi Arabia’s National Commercial Bank (NCB) yesterday said it will purchase rival lender Samba in a deal valued at around US$15 billion (RM62 billion) to create what would be the kingdom’s largest bank. The deal underscores a push by financial lenders to consolidate as the...
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