Economics
Japanese, Australian Stock Futures Are Little Changed
This article is for subscribers only.
Japanese and Australian stock futures were little changed as investors await details on economic growth in the U.S. tomorrow and indications from the Federal Reserve at the end of the week.
American depositary receipts of BHP Billiton Ltd., the world’s largest mining company, slid 0.4 percent as commodity prices declined. ADRs of Nippon Telegraph & Telephone Corp., the world’s biggest telecommunications carrier, slid 0.5 percent as the Nikkei reported it will cut fiber-optic fees by 30 percent from September. Flight Centre Ltd. shares may be active in Sydney after the travel operator reported profit that topped estimates.