Asia stocks set to slip; Japan’s Softbank to sell UK chip designer Arm

Stocks in Asia were set to trade lower at the open as investors watch political developments in Japan as the search for its leader continues.

Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,385 while its counterpart in Osaka was at 23,130. That compared against the Nikkei 225′s last close at 23,406.49.

Shares in Australia were also set to dip, with the SPI futures contract at 5,852.0, as compared to the S&P/ASX 200′s last close at 5,859.40. Softbank shares watched Investors will watch for movements in Japanese conglomerate Softbank Group’s stock following […]

Source: www.cnbc.com

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