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View the article online at http://citywire.co.uk/wealth-manager/article/a757281

Overnight Markets: Wall Street rises on corporate deals

by Himanshu Singh on Jun 17, 2014 at 04:05

In Asia, shares oscillated between gains and losses as a decline in energy shares countered gains by drugmakers.

The MSCI Asia Pacific Index was little changed at 144 as of 9:55 a.m. in Hong Kong. Japan’s Topix index rose 0.6% as the yen weakened to 102 per dollar. South Korea’s Kospi index climbed 0.3% and Australia’s S&P/ASX 200 Index fell 0.2%. New Zealand’s NZX 50 Index advanced 0.2%.

Hong Kong’s Hang Seng Index slid 0.3%, while China’s Shanghai Composite Index dropped 0.5%.

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