Read more about Australia Stocks end mixed on Business Standard. At closing bell, the benchmark S&P/ASX200 was marginally 2.35 points, or 0.03%, up at 7,094.87. The broader All Ordinaries added 12.41 points, or 0.17%, to 7,343.98.
European shares rose to record highs on Tuesday, soothed by reassurance from Federal Reserve officials that monetary stimulus won t be clawed back anytime soon. Sentiment in Europe was also underpinned by the latest IFO indicator which showed that the upswing for the German economy, Europe s largest, is picking up pace after the knock from COVID-19. A multi billion-euro takeover deal combining two of Germany s biggest property developers was a focus. Vonovia slipped 4% on news it was taking over rival developer Deutsche Wohnen, whose shares surged over 15%, for about 18 billion euros. The STOXX index of leading European shares gained 0.3% to 446.57 points after hitting a new record high of 447.01.
Payments and banking technology firm Cashfree on Tuesday announced a partnership with digital payments company PayPal to enable international payments for merchants. Businesses using Cashfree s payment gateway will be able to add the PayPal Express Checkout option to their order pages and accept payments from over 350 million customers across 200 markets and in more than 28 currencies in a secure and seamless manner. The new API integration allows merchants to enable payments using their existing PayPal business accounts and start accepting and collecting global payments in no time. Further, businesses benefit from the PayPal fraud prevention and seller protection tools, said Akash Sinha, CEO & Co-founder of Cashfree.