Shares in Australia and Japan opened lower, and a gauge of US-listed Chinese companies slipped in New York trading on Wednesday. US futures declined, weighed down by post-market losses for Microsoft Corp. shares, which fell around 4% in late trading after disappointing second-quarter forecasts. The S&P 500 lost 0.3% and the Nasdaq 100 dropped 0.8% Wednesday.
Bhagwati Products may delay IPO by up to 3 quarters
Bhagwati Products may delay its initial public offering by several quarters. Volatility in memory chip prices hinders production forecasts for electronics manufacturers. The company awaits