Asian stocks rose, with the regional benchmark gauge on course for its first gain in five days, as telecommunications firms and health-care shares advanced.
July 9, 2014: A Citigroup logo is pictured from the floor of the New York Stock Exchange. (REUTERS/BRENDAN MCDERMID). Citigroup has reportedly agreed to pay $7 billion to settle a U.S.
Shire has opened the door to a takeover by US pharmaceuticals rival AbbVie after saying it would be willing to recommend a �31bn proposal received at the weekend.
The dollar was a tad higher against the yen on Monday in Asia, with investors sitting on the sidelines ahead of key events such as Federal Reserve chief Janet Yellen's congressional testimony on monetary policy and the economy.
ZURICH�Chocoladefabriken Lindt & Spruengli AG said Monday it will acquire Russell Stover Candies Inc., a deal that will make the Swiss confectioner North America's third-biggest chocolate maker.