TOKYO (AP) â Asian shares were mixed Tuesday, cheered by the imminent passage of the U.S. stimulus package, although that optimism was tempered by worries about inflation and the coronavirus pandemic.
Japan s benchmark Nikkei 225 added 0.2% to 28,800.81 in morning trading. South Korea s Kospi slipped 1.2% to 2,960.17. Australia s S&P/ASX 200 added 0.3% to 6,760.10. Hong Kong s Hang Seng gained 1.3% to 28,918.99, while the Shanghai Composite slipped 0.6% to 3,402.61.
Jingyi Pan, senior market strategist with IG in Singapore, said Asian markets were weighing âthe impact of a global recovery alongside the prospect of an accelerating climb in U.S. bond yields.â
Yoshimasa Maruyama, chief market economist for SMBC Nikko Securities, said the global economic rebound is stronger than some had previously expected, and that recognition is becoming more widespread in March than in February.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Boston Properties Prices $850.0 Million Offering of Green Bonds and Announces Redemption of 5.25% Series B Cumulative Redeemable Preferred Stock
March 2, 2021 GMT
Boston Properties, Inc.
(NYSE: BXP) (the “Company”), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, announced today that its operating partnership, Boston Properties Limited Partnership (“BPLP”), has agreed to issue $850.0 million of 2.550% senior unsecured notes due 2032 in an underwritten public offering through BofA Securities, Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and TD Securities (USA) LLC as joint book-running managers (the “Offering”). The notes were priced at 99.570% of the principal amount to yield 2.595% to maturity. The notes will mature on April 1, 2032 unless earlier redeemed. The Offering
BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street rose as a wave of investor concern about possible higher interest rates receded.
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Stocks ended a bumpy day mostly lower on Wall Street
By The Associated Press
• 2 min read
Stocks ended a bumpy day mostly lower on Wall Street.
Technology stocks recovered slightly following several days of heavy selling, but the Nasdaq still posted its biggest weekly loss since October. On Friday the S&P 500 gave back 0.5%, and the Dow Jones Industrial Average lost 1.5%. Treasury yields fell after shooting sharply higher over the last few weeks, something that has unsettled financial markets generally.
Investors continued to watch Washington, where Congress is expected to vote on President Joe Biden’s stimulus package. The yield on the 10-year Treasury note fell to 1.42% from 1.51% a day earlier.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Golar LNG Limited preliminary fourth quarter and financial year 2020 results
Golar LNGFebruary 25, 2021 GMT
Delivering on our commitment to shareholders with two transformative transactions
Iain Ross, CEO, Golar LNG, said:
“Golar is pleased to report Q4 total operating revenues of $118.7 million, adjusted EBITDA1 of $78.0 million and net income of $9.5 million, driven by another quarter of uninterrupted commercial uptime in FLNG and a Q4 Adjusted TCE1 for the shipping fleet at $51,800 per day.
Previously announced sales of Hygo Energy Transition Ltd. (“Hygo”) and Golar LNG Partners LP (“Golar Partners” or “the Partnership”) to New Fortress Energy Inc. (“NFE”), in transactions with a combined enterprise value of approximately $5 billion, deliver on Golar’s commitment to simplify its corporate structure and crystallize value to Golar shareholders. The combination of