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Welsbach Technology Extends Business Combination Deadline To And Including March 30
Welsbach Technology Metals Acquisition Corp. (WTMAU), a blank check company, announced Tuesday that it has approved an extension of the time period to consummate a Business Combination, in accordance with Article G of the Company's amended and restated certificate of incorporation, to and including March 30, 2023.
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Sensex, Nifty Extend Gains For Second Day On China Growth Optimism
Indian shares rose modestly on Tuesday, extending the previous session's rally on hopes that China's economic reopening will lead to increased demand next year.
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Australian, NZ Dollars Advance On China Optimism
The Australian and NZ dollars climbed against their major counterparts on Tuesday, as China abandoned quarantine measures for inbound travelers, further relaxing border controls after nearly three years of restrictions.
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Japan Retail Sales Rise As Travel Subsidies Boost Spending
Japanese retail sales continued to increase in November as the travel subsidy program initiated to stimulate the tourism sector boosted consumer spending and unemployment rate was the lowest in three months, official data revealed. Retail sales grew 2.6 percent in November from the same period last year. This was the ninth consecutive rise in sales, the Ministry of Economy, Trade and Industry rep
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European Shares Climb As China Scraps Inbound Quarantine Rules
European stocks opened higher on Tuesday as trading resumed after a long Christmas holiday weekend. U.K. markets remain closed for a public holiday.
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Asian Shares Gain As China Ends Travel Quarantine
Asian stocks advanced on Tuesday after China said it would drop quarantine requirements for international arrivals from January 8, in a major step towards reopening its borders and marking another shift from its so-called zero-COVID policy.
Investors also digested a slew of economic data from Japan and awaited the release of the Bank of Japan's summary of opinions of the Dec 19-20 meeting due Wednesday for directional cues.
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European Shares Seen Up On China Optimism
European stocks are likely to open higher on Tuesday as traders return to their desks after a long holiday weekend. U.K. markets will continue to remain shut for a public holiday.
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Sensex, Nifty Fluctuate In Early Trade; Metal Stocks Gain On China Optimism
Indian shares fluctuated in early trade on Tuesday after posting strong gains in the previous session due to short covering following last week's steep losses.
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Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, following the lack of cues from major global markets overnight, as traders continue to react to indications that U.S. inflation may be receding after data showed consumer spending and inflation slowed in November. However, this may not enough to discourage the US Fed from driving interest rates to higher levels next year.
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Japanese Market Modestly Higher
The Japanese stock market is modestly higher in choppy trading on Tuesday, extending the gains in the previous session, with the Nikkei 225 moving above the 26,500 level, following the lack of cues from major global markets after the extended holiday weekend, with traders largely staying cautious and refrained from making significant moves.
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Sensex, Nifty Poised For Flat Open
Indian shares may open flat to slightly higher on Tuesday, though volatility cannot be ruled out amid the upcoming derivatives expiry and the spike in crude prices in the wake of positive sentiment generating from China's rollback of Covid-19 isolation measures and signs of cooling U.S inflation.
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Sensex Soars 721 Points On Wall Street Cues; Nifty Tops 18,000
Indian shares rose sharply on Monday after a sharp slide last week on fears of a global recession and concerns over China's worsening COVID situation.
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Asian Shares Advance In Thin Holiday Trade
Asian stocks advanced on Monday in thin holiday trade amid signs that U.S. inflation may be receding. Several markets including Hong Kong, Australia, New Zealand and Singapore were closed for holidays.
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