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Asia Stocks Mixed, China Advances; Dollar Dips: Markets Wrap

Asia stocks were mixed Tuesday after weakness in the technology sector pulled U.S. indexes from all-time peaks, with investors weighing corporate earnings and recent spikes in virus cases. The yen hit its strongest levels since early March. Shares slid in Japan and Australia, and climbed in China. U.S. futures also advanced, after the tech-heavy Nasdaq […]
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Abu Dhabi’s IHC Adds Stake in Top UAE Builder With New Deal

International Holding Co., which has transformed itself into the United Arab Emirates’ second most-valuable listed company, has become one of the biggest shareholders in Abu Dhabi’s largest property developer. Abu Dhabi-based IHC said on Monday it had bought a 45% stake in Alpha Dhabi Holding, but didn’t provide details of the transaction. With the deal, […]
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Gojek and Tokopedia have decided on terms and are seeking investor approval for a merger that could create Indonesia’s largest internet company, a person familiar with the matter said, putting the deal on track for completion as soon as over the summer. The managements and boards of both startups have agreed on how to proceed […]
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Oil Slips Toward $62 a Barrel Ahead of U.S. Stockpile Data

Oil dipped toward $62 a barrel in London as the dollar halted a four-day slide and traders awaited weekly inventory data for the latest steer on the demand recovery. Brent futures retreated 0.8%, reversing an earlier gain. The dollar rose 0.1%, making commodities priced in the currency less attractive. Attention will shift later to U.S. […]
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