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Nikkei May Fall on Possible Profit-Taking — Market Talk

Japanese stocks may fall on possible profit-taking following three straight sessions of gains on the benchmark index. Domestic technology names may also be weighed by Wednesday's pullback in shares of chip makers on the Nasdaq Composite. Nikkei futures opened 965 points lower at 69700 on the SGX. T…

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index
NEWS dow-jones

Nikkei May Fall on Possible Profit-Taking — Market Talk

1939 ET - Japanese stocks may fall on possible profit-taking following three straight sessions of gains on the benchmark index. Domestic technology names may also be weighed by Wednesday's pullback in shares of chip makers on the Nasdaq Composite. Nikkei futures opened 965 points lower at 69700 on…

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index
dow-jones

Australia Shares Set to Fall at the Open — Market Talk

Australian stocks could be on course for a third straight fall following a weak lead from U.S. equities. Local stock futures are down by 0.3% ahead of Thursday's session, suggesting that the S&P/ASX 200 will keep falling after retreating 1.1% across the past two sessions. The benchmark index is com…

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indexStocksAU
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South Korea Inflation Accelerates to 30-Month High in June — Update

By Kwanwoo JunSouth Korea's headline inflation accelerated to a 30-month high in June, topping 3% for a second straight month--well above the central bank's 2% target.Elevated inflation in the country is likely to strengthen the case for the central bank to tighten monetary policy at its rate-setti…

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Economy
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Northern Star Names Glencore's Suresh Vadnagra Next CEO — Update

By Rhiannon HoyleNorthern Star Resources picked the head of Glencore's nickel and zinc industrial assets to be its next chief executive, opting for an outsider as it faces pressure from activist investor Elliott Investment Management for change.Suresh Vadnagra--who, prior to Glencore, oversaw major…

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StocksAU
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Takeda, InSilico Strike AI Drug-Discovery Deal Worth Up to $600.0 Million

By Jason ChauJapanese pharmaceutical major Takeda is forging an AI drug-discovery partnership with biotech firm InSilico with a potential initial value of $600.0 million, people familiar with the matter say.According to the people, Takeda is set to pay InSilico to use its proprietary Pharma.AI plat…

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StocksJP

Prominent Tech Analyst Dan Ives Is Leaving Wedbush — Barrons.com

By Rebecca Ungarino and Angela PalumboThe well-known tech stock analyst Dan Ives has left Wedbush, where he led tech research efforts and turned into one of the most familiar faces on Wall Street through his consistently bullish company coverage.Ives is leaving the firm after eight years, Wedbush s…

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