Singapore Exchange’s securities market reopens after disruption
SINGAPORE (Reuters) – Trading in the Singapore securities market resumed on Friday after the fourth major interruption on the exchange in the past two years, piling pressure on CEO Loh Boon Chye as he tries to rejuvenate a bourse facing stiff competiti…
Stocks at 8-month high, France attack subdues Europe
LONDON (Reuters) – Reassuring Chinese data lifted world stocks to an eight-month high on Friday though Europe ended an otherwise strong week subdued after an attack by a gunman at the wheel of a truck in the south of France killed at least 84 people.
Britain’s Sainsbury’s trials similar concept to Amazon’s Prime Now
LONDON (Reuters) – Sainsbury’s, Britain’s second largest supermarket group, is trialing a one hour home delivery service that is similar in concept to Amazon’s ‘Prime Now’, it said on Friday.
Japan may be on route for a “soft” form of helicopter money
TOKYO (Reuters) – Japanese policymakers, who won’t go as far as funding government spending through direct debt monetization, might pursue a mix of aggressive fiscal and monetary expansion to battle deflation, say sources familiar with the matter.
Japanese chat app Line soars in New York-Tokyo dual listing
TOKYO (Reuters) – Japan’s Line Corp saw its shares rocket on their Tokyo debut on Friday, extending a strong start in New York the day before, and taking the value of the messaging app firm to $8.6 billion in the year’s biggest tech IPO.
Government spending steadies China’s economy in second-quarter but risks grow
BEIJING (Reuters) – China’s economy grew slightly faster than expected in the second quarter as a government spending spree and housing boom boosted industrial activity, but a slump in private investment growth is pointing to a loss of momentum later i…
European car sales solid in June despite UK dip -ACEA
FRANKFURT (Reuters) – European car sales remained buoyant in June, except in Britain, where they fell for only the second time in four years amid uncertainty about the country’s vote on EU membership.
China’s Midea lifts stake in German robotics firm Kuka to 76.38 percent
HONG KONG (Reuters) – China’s Midea Group Co Ltd said acceptances received in its 4.5 billion euro ($5 billion) takeover offer for Germany’s Kuka as of 1600 GMT on Thursday would lift its holding in the robotics firm to 76.38 percent.
Developer of Nintendo’s Pokemon GO aiming for rollout to 200 markets soon
TOKYO (Reuters) – The head of the developer behind Nintendo Co Ltd’s Pokemon GO said he wanted to launch the smash-hit mobile game in roughly 200 countries and regions “relatively soon” and was working on bolstering server capacity to enable the wider…
S&P 500’s record highs held back by Apple’s falling stock price
SAN FRANCISCO (Reuters) – The S&P 500’s multiple record highs set this week after more than a year-long wait on Wall Street would not have taken so long had Apple Inc , the index’s largest constituent, not fallen deeply from its own all-time high.
