The Japanese stock market is significantly lower on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight.
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive from Wall Street overnight, as traders largely refrained from making significant moves as they await the release of the minutes of the US Fed's latest monetary policy meeting later in the day for clues about the outlook for interest rates.
The yield on 10-year government bonds, a key indicator for fixed mortgage rates, closed at 0.980% on May 21, approaching 1% for the first time in about 11 years.
Mid-market investment bank
DC Advisory on Tuesday opened an office in Vienna as part of its
international expansion, hiring a team of Alantra bankers to
launch the effort, DC Advisory told Reuters. .