Japan's Nikkei share average closed above the psychologically important 27,000 level for the first time in two weeks on Tuesday, as energy shares surged, although uncertainty over the pace of U.S. interest rate hikes limited gains. The Nikkei climbed 0.66% to close at 27,049.47, near the high for the day.
Japan's Nikkei rose for a third straight session on Monday, lifted by heavyweight technology stocks, after a surge in Wall Street at the end of last week.
Japan's Nikkei share average hit a more than two-week low on Monday, after a bigger-than-expected U.S. inflation spike in May sent Wall Street sharply lower on the weekend. By 0219 GMT, the Nikkei index fell 2.8% to 27,042.99, its lowest level since May 27.
The following bids, mergers, ** Brazil's power company Eletrobras confirmed its privatization share offer was priced at 42.00 reais per share, with a total 29.29 billion reais being raised. ** BPER Banca said it received four non-binding bids for its non-performing loan unit, which it plans to sell early next year after reaching a deal by the end of 2022.
A power sector union in Sri Lanka said on Wednesday it will go on an indefinite strike from midnight in protest against new government legislation, potentially leading to power blackouts in a country already grappling with its worst economic crisis in decades.
Airborne surveys of methane plumes spewing from landfills, power plants and oil fields in California have lead to palpable reductions in leaks of the potent greenhouse gas, the state's air regulator and a non-profit group said on Wednesday.
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