Market highlights

1 Olympus Corp last year settled a claim for damages by Japan's public pension fund for losses stemming from the medical equipment maker's 2011 accounting scandal, Reuters reported.


2 Nintendo shares soared more than 20 per cent yesterday morning, extending a rally sparked by news that its smartphone game debuted at the top of gaming charts. The video-game giant jumped 3,310 yen to 19,580 yen (S$258.40).


3 The yield on 10-year British gilts fell to as low as 0.710 per cent - almost half the level seen on June 23 when Britons voted to leave the European Union, counter to expectations.


4 Airlines will order new planes valued at US$5.9 trillion (S$7.9 trillion) over the next two decades to keep pace with rising air travel as more people take to the skies in emerging nations such as China, according to a Boeing forecast.


5 Swiss construction giant LafargeHolcim, the world's largest cement maker, said yesterday it had agreed to sell its Indian operation to Indian cosmetics and detergents manufacturer Nirma for US$1.4 billion (S$1.9 billion).

A version of this article appeared in the print edition of The Straits Times on July 12, 2016, with the headline 'Market highlights'. Print Edition | Subscribe