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Asian Markets Mostly Higher

6 years ago
(RTTNews) - Asian stock markets are mostly higher on Monday despite the mixed cues from Wall Street Friday. Data showing that China's economy continued to recover from the impact of the coronavirus pandemic and optimism about a U.S. stimulus package before the presidential electi

Cogeco's Top Investor Rejects Revised Offer From Altice USA

6 years ago
(RTTNews) - Cogeco's top investor, Gestion Audem, has rejected Altice USA Inc's C$11.1 billion or $8.43 billion revised buyout offer for Cogeco.Gestion Audem is a company that is controlled by members of the Audet family and holds 69% of all voting rights of Cogeco Inc. (CGO.TO),

Continued Chaos Likely For Thai Stock Market

6 years ago
(RTTNews) - The Thai stock market has moved lower in three straight sessions, sliding more than 40 points or 3.3 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,235-point plateau and it's likely to move lower again Monday due to the ongoing pro-d

Alibaba To Invest About $3.6 Bln In Sun Art Retail

6 years ago
(RTTNews) - Alibaba Group Holding Limited (BABA) said that it will invest about $3.6 billion in a Chinese hypermarket and supermarket operator Sun Art Retail Group that will raise its direct and indirect stake to about 72%.As part of the deal, Alibaba will acquire 70.94% of stake

Japanese Market Advances

6 years ago
(RTTNews) - The Japanese stock market is advancing on Monday despite the mixed cues from Wall Street Friday, as data showed that Japan posted a merchandise trade surplus in September that increased from the previous month. Optimism about a U.S. stimulus package before the preside

Mild Upside Tipped For Indonesia Stock Market

6 years ago
(RTTNews) - The Indonesia stock market has moved lower in back-to-back sessions, dropping almost 75 points or 1.5 percent along the way. The Jakarta Composite Index now sits just above the 5,100-point plateau and it's likely remain in that neighborhood again on Monday.The global
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