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SYDNEY: Asian shares held to tight ranges on Monday, as did currencies, as investors awaited developments on U.S. fiscal stimulus and coronavirus vaccines amid a resurgence of infections in Europe.
LONDON: London Stock Exchange entered exclusive talks on Friday to sell Borsa Italiana to Euronext, with the French operator seeing off bids by Deutsche Boerse and Switzerland's Six as it looks to add another bourse to its European network.
KUALA LUMPUR: The ringgit opened at a seven-month high against the US dollar in early trade today as the weakening greenback spurred demand for emerging currencies and riskier assets, dealers said.
THE recent obsession with seemingly modest euro exchange-rate gains has more to it than meets the eye.
TOKYO: Stocks fell and the dollar advanced on Thursday after the Federal Reserve pledged to keep interest rates low for a long time but stopped short of offering further on stimulus to shore up a battered U.S. economy.
LONDON: The global economic slump won’t be as sharp as previously feared this year, though the recovery is losing pace and will need support from governments and central banks for some time yet, according to the OECD.
MADRID: The owner of fashion retailer Zara, Inditex, returned to quarterly profit in the three months from May to July despite a 31% fall in sales as the coronavirus crisis kept consumers away from city centre shopping districts.
SHANGHAI/NEW YORK: Most Asian shares rose on Wednesday, extending a rally driven by upbeat Chinese and U.S. economic data, but the dollar, U.S. yields and gold held steady as investors awaited the Federal Reserve's view on the economy at its policy meeting.