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Danish start-up Pleo becomes Europe’s latest unicorn. Asian bourses mixed, US markets closed for Independence Day. Nikkei 225 shed 0.6% to 28,618.33, Hang Seng dropped 0.5% to 28,166.25, Shanghai Composite index added 0.2% to 3,524.30, Kospi rose 0.4% to 3,294.08, S&P/ASX added 0.1% to 7,316.30 Shares in Asia were mixed on Monday, with U.S. markets set to be closed for Independence Day.
Tokyo and Hong Kong dropped while most other regional markets advanced. U.S. futures inched down after Wall Street stock indexes reached more record highs last week following better-than-expected jobs data for June. Oil prices dropped as the United Arab Emirates (UAE) pushed back against a plan by OPEC and allied oil producing countries to extend the global pact to cut oil production beyond April 2022. Benchmark U.S. crude oil dropped 11 cents to $75.05 per barrel in electronic trading on the New York Mercantile Exchange. UK, Singapore agree partnership for financial services. The financial partnership will support increased financial services activity between the two countries A historic new partnership for financial services between the UK and Singapore has been agreed by the Chancellor this week.
The partnership will help boost jobs and investment in the UK. The financial partnership will support increased financial services activity between the two countries. It will facilitate closer cooperation, greater information sharing and opportunities to boost trade and investment. Pension savers hit hard by tax charges. Civitas raises target dividend by nearly three per cent.
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