Indian Shares Set For Positive Start
Indian shares may open higher on Wednesday in the midst of optimism that the worst of the fallout from the Covid pandemic is finished and new cases in India are probably unlikely to rise to the level last observed in mid-September.
Origin Energy Warns about Unrealistic Gas Price Expectations, Reaffirming FY21 Outlook
Origin Energy Limited (ORG.AX, OGFGF.PK) cautioned against arbitrary or unreasonable gas price expectations, saying that domestic gas had to reflect the lifecycle cost of production, and that gas producers had to earn significant capital needed to offer gas supply to the market.
Ant Group Gets Chinese Nod for Hong Kong Leg of $35 Billion Dual Listing
Ant Group Co Ltd [IPO-ANTG.HK] has gotten approval from China's securities regulator for the Hong Kong leg of its generally $35 billion dual listing, an individual with knowledge on the issue.
Asian Stocks Down Over "Ongoing Drama" of U.S. Stimulus Woes
Asian Pacific markets were generally down on Thursday morning, with U.S. Coronavirus improvement looking progressively far-fetched before their elections and the rapid spread of COVID-19, particularly in Europe. Expanded U.S.-China tension also negatively influences investors’ confidence.
Oil Trades Near $40 with Stimulus Gloom Offset by China Imports
Oil steadied in Asian trading, as desires for more financial improvement before the U.S. political decision balance optimism driven by an increase in Chinese crude imports a month ago.