Fallout from the Brexit
UK business minister Greg Clark has announced a big investment in a London research facility by MSD, a global biomedical company, in the framework of the British government's new industrial strategy.
German investors don't believe in a Brexit after Thursday's referendum in the UK. Stock indexes have rallied in midday trading, while Asian brokers remained extremely cautious as the vote got underway.
Tokyo markets surged over 7 percent despite official figures showing a last-quarter contraction in 2015. China's central bank announced measures to keep its currency stable and HSBC bank is to stay based in Britain.
Chinese shares have stumbled lower after January updates on the country's huge factory sector fell to their lowest since mid-2012, showing that too much capacity is chasing too little demand.
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