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TOKYO (Reuters) – Fujitsu Ltd <6702.T>, the developer of the Tokyo Stock Exchange’s trading system, is still investigating causes of the bourse’s worse-ever outage last week, the company’s chief executive said on Monday.

A hardware glitch paralysed trading in the world’s third-largest equity market for the entire session last Thursday, testing the exchange’s credibility just as the country’s new prime minister has prioritised digitalisation.

“We will make utmost efforts to find the causes and prevent recurrences of such troubles,” Fujitsu CEO Takahito Tokita said at a previously scheduled briefing on the company’s digital strategy.

The TSE has said the glitch was the result of a hardware problem at its “Arrowhead” trading system, and a subsequent failure to switch to a back-up. It caused the first full-day suspension since the exchange switched to all-electronic trading in 1999.

Arrowhead, developed by Fujitsu, debuted in 2010, bringing processing times for trades to 5

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(RTTNews) – The China stock market on Wednesday snapped the three-day winning streak in which it had gained more than 55 points or 1.8 percent. The Shanghai Composite Index now sits just beneath the 3,285-point plateau and the losses may accelerate on Thursday.

The global forecast for the Asian markets is mixed to lower after the Federal Reserve downgraded its GDP forecast. The European markets were mixed and the U.S. bourses were mostly in the red and the Asian markets also figure to open lower.

The SCI finished modestly lower on Wednesday as losses from the insurance companies were mitigated by support from the financial shares and property stocks.

For the day, the index lost 11.76 points or 0.36 percent to finish at 3,283.92 after trading between 3,271.07 and 3,302.46. The Shenzhen Composite Index dropped 20.14 points or 0.91 percent to end at 2,185.22.

Among the actives, Industrial and Commercial

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(RTTNews) – The Singapore stock market has moved lower in three straight sessions, sinking almost 20 points or 0.8 percent along the way. The Straits Times Index now sits just above the 2,490-point plateau and it may extend its losses again on Friday.

The global forecast for the Asian markets is weak as optimism waned in the United States over a coronavirus relief package. The European and U.S. markets were down and the Asian bourses are expected to follow that lead.

The STI finished slightly lower on Thursday as losses from the plantations and telecoms were offset by gains from the financials and properties.

For the day, the index lost 7.24 points or 0.29 percent to finish at 2,492.09 after trading between 2,477.59 and 2,510.71. Volume was 1.58 billion shares worth 1.16 billion Singapore dollars.

Among the actives, Wilmar International plummeted 3.70 percent, while Comfort DelGro plunged 1.97 percent, Singapore

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(RTTNews) – The China stock market has finished lower in three straight sessions, sinking more than 55 points or 1.7 percent along the way. The Shanghai Composite Index now rests just above the 3,355-point plateau and it’s predicted to open in the red again on Monday.

The global forecast continues to be soft, with continued profit taking expected following recent strength in the markets – particularly from the technology shares. The European and U.S. markets were down on Friday and the Asian bourses figure to follow that lead.

The SCI finished modestly lower on Friday as losses from the financial shares and insurance companies were offset by support from the property sector.

For the day, the index lost 29.61 points or 0.87 percent to finish at 3,355.37 after trading between 3,328.55 and 3,360.11. The Shenzhen Composite Index shed 11.32 points or 0.49 percent to end at 2,290.49.

Among the actives,

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(Bloomberg) — Hong Kong Exchanges & Clearing Ltd. posted a 1% gain in profit, benefiting from a spate of high-profile Chinese stock listings and a pick up in trading as the pandemic and political tensions stoked volatility.



a statue of a bear sitting in front of a building: The flag of the Hong Kong Special Administrative Region, right, flies alongside the flag of China outside the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Friday, May 29, 2020. The struggle to maintain confidence in Hong Kong's future is manifesting in its stock and currency markets.


© Bloomberg
The flag of the Hong Kong Special Administrative Region, right, flies alongside the flag of China outside the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Friday, May 29, 2020. The struggle to maintain confidence in Hong Kong’s future is manifesting in its stock and currency markets.

First-half net income rose to a record HK$5.23 billion ($674 million), on the back of a 13% gain in core revenue, the exchange said on Wednesday. Investments slumped 45% in the period, dragging down the result.

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Investors have been flocking to the bourse this year, propelling its share price up by almost 50%. A number

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