The Australian and New Zealand dollars were again challenging chart resistance on Wednesday as their U.S. counterpart waned and domestic data extended their recent habit of surprising on the upside.
Round-up of South Korean financial markets: South Korean stocks fell on Tuesday as foreign investors turned net sellers due to liquidity fears after China's central bank withdrew cash from its banking system and as uncertainty over a U.S. stimulus package lingered. .
Asian equities looked set to rise on Wednesday, bouncing back from a steep sell-off on Tuesday, while Australian stocks were seen opening weaker in a catchup after a Tuesday holiday.
By Reuters Staff
(Adds details on transaction and Friday acquisition)
PARIS, Jan 25 (Reuters) - French media conglomerate Vivendi said on Monday it had raised its stake in Spanish rival Prisa, the owner of Spain’s influential El Pais newspaper and other media assets, to 9.9% from 7.6%.
On Friday, Vivendi had announced it had bought the 7.6% stake, saying the move responded to the group’s strategy to become “a global leader in content, media and communications” and to extend its reach in the Spanish-language markets in Europe, Latin America and United States.
Vivendi said it bought the stake hours after HSBC had agreed to sell a 7.89% stake in Prisa for 52 million euros ($63.3 million).
Saudi Arabia has put on hold financing plans potentially worth billions of dollars for the expansion of Riyadh's airport, sources said, a sign that the kingdom is re-assessing strategic priorities after the coronavirus crisis.