TOKYO: Japanese shares closed higher on Thursday, with the Topix hitting a record high, as chip-related stocks tracked US peers higher and a robust earnings outlook for local firms lifted sentiment. The Nikkei rose 1.16% to 68,308.59, while the broader Topix rose 0.86% to a record high close of 4,176.04, extending gains to a seventh straight session. The S&P 500 and the Nasdaq ended higher on…
Hong Kong’s stablecoin experiment has entered its first controlled market test. On August 12, Anchorpoint began phase-one Beta Access for HKDAP, initially involving institutional distributors and…
The Economic and Financial Crimes Commission (EFCC) has been urged to investigate an alleged fraud and impersonation involving a $300 million investment claim in the River Park Estate dispute.
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen building on the previous day's sold bounce from the post-CPI swing low and prolonging its weekly uptrend…
Commerzbank’s Tatha Ghose reports Russia’s June merchandise trade surplus rose to USD 12.5bn, up over 50% year-on-year, as higher Oil prices and improved Urals pricing supported exports.
