FILE PHOTO: A man wearing protective face mask, following an outbreak of the coronavirus disease , walks in front of a stock quotation board outside a brokerage in Tokyo, Japan, March 10, 2020. REUTERS/Stoyan NenovHong Kong futures were up 0.65per cent and Nikkei futures were above the Nikkei 225 index's previous close, pointing to an opening gain of about 0.88per cent. Australian shares were also poised to open higher.
U.S. stocks received an additional lift from Microsoft , which jumped 5.6per cent after it formally declared interest in TikTok's U.S. operations on Sunday. The manufacturing data lifted oil prices more than 1per cent and drove the U.S. Treasury curve to steepen, an indication of improved investor sentiment.
After wrapping up talks on Monday over another round of coronavirus economic stimulus, U.S. House Speaker Nancy Pelosi said she will meet with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows the following day to continue the discussion.
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:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Volatility creates opportunity in Asian equitiesPineBridge Investments believes in sticking to a time-tested investment approach during volatile times. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Hong Leong Asia bags 97.23% of Tasek at close of offerHONG Leong Asia on Monday said it has garnered 97.23 per cent shareholding in cement manufacturer Tasek Corp Bhd as at the close of the unconditional voluntary takeover offer. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Landslides kill 10 in Nepal as heavy rains take toll in South AsiaKATHMANDU: Heavy rain in Nepal triggered landslides on Monday (Aug 3) that killed eight labourers at a construction site and two members of a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Landslides kill 10 in Nepal as heavy rains take toll in South AsiaKATHMANDU/DHAKA (REUTERS) - Heavy rain in Nepal triggered landslides on Monday (Aug 3) that killed eight labourers at a construction site and two members of a family, taking the toll in floods and landslides to 177 since late May.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Asia stocks mixed, dollar struggles to rallyAsian share markets turned mixed on Monday as U.S. lawmakers struggled to hammer out a new stimulus plan amid a global surge of new coronavirus ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Asia markets mostly lower as coronavirus spike forces new lockdownsHONG KONG )AFP) - Asian markets mostly retreated on Monday Aug 3) with sentiment depressed by a spike in coronavirus infections that has forced fresh lockdowns and sparked worries about the impact on the world economy.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »