The news helped Wall Street finish higher overnight and buoyed sentiment in Asia.
Among the gainers in Japan, Shimachu soared by 14.54 per cent, shy of its daily limit, after furniture retailer Nitori Holdings said it may bid for the home improvement retailer, threatening a tender offer by DCM Holdings.Shares of ANA Holdings ended 1.73 per cent higher, despite reports that the coronavirus-battered airline operator was expected to post a net loss of 530 billion yen for the fiscal year ending in March 2021. ANA said after market hours that the forecast was undecided.
Takara Bio jumped 5.42 per cent after the biotechnology company lifted its net profit forecast for the six months ended Sept 30. Nojima gained 7.31 per cent after upgrading its net profit outlook for the fiscal year ending in March 2021.BT is now on Telegram!
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Singapore stocks open lower, tracking US markets; STI down 0.5%SINGAPORE shares opened lower on Tuesday after US markets fell overnight amid dwindling hopes for a stimulus deal. Read more at The Business Times.
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Asian stocks dip as US political concerns growAsian stocks came under pressure on Tuesday as a deadline for U.S. lawmakers to pass an economic stimulus bill approached and record daily ... Concerns that the end of their pillaging and corruption will soon be over?
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Asian stocks dip as US political concerns growSYDNEY/NEW YORK (Reuters) - Asian stocks slipped on Tuesday as investors adjusted risk exposure heading into the US election and as a deadline for Washington to pass an economic stimulus bill approached while Europe reported record daily coronavirus infections.. Read more at straitstimes.com.
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Seoul: Stocks gain for third straight day on US stimulus hopes[SEOUL] South Korean shares rose on Wednesday as renewed hopes for additional US stimulus helped investors look past sluggish preliminary trade data and a rise in coronavirus infections. The won and the benchmark bond yield both rose. Read more at The Business Times.
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