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Markets mostly slip as inflation fears top recovery hopes

Asian and European stocks mostly fell Thursday on profit-taking and growing inflation worries. /CFP Asian and European stocks mostly fell Thursday on profit-taking and growing inflation worrie

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Stimulus hopes drive Dow to closing peak, interest rate worries loom

The Dow Jones Industrial Average notched a record closing high on Tuesday as cyclical sectors gained on the prospect of more fiscal aid to lift the U.S. economy from a coronavirus-driven slump. The N

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Examining the ‘pipeline problem’

The tech industry has long grappled with an overwhelming lack of diversity among employees, executives, venture-backed founders, venture capital firms and board members. And despite recent efforts to

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S&P 500 hits record peak as stocks post weekly gain

Traders wearing masks work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. /Reuters The SP 500 and Nasdaq set record closing highs on Friday as investors bo

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Asian stocks hit record high as earnings, stimulus boost hopes

China's CSI 300 hits a 13-year high on Wednesday, February 10, 2021. /CFP Asian stocks hit a record high on Wednesday as upbeat earnings, hopes of a large U.S. fiscal stimulus package and a pr

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U.S. stocks hit records as Tesla investment boosts bitcoin

A Wall Street street sign outside the New York Stock Exchange as snow falls in New York, U.S., February 1, 2021. /VCG Wall Street stocks powered to fresh records Monday, while bitcoin also tou

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Former ECB chief Draghi starts talks on forming new Italian govt

Former European Central Bank chief Mario Draghi started talks on Thursday on forming a new Italian government as the largest party in parliament, the Five Star Movement

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Former ECB chief Draghi starts talks on forming new Italian govt

Former European Central Bank chief Mario Draghi started talks on Thursday on forming a new Italian government as the largest party in parliament, the Five Star Movement

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Delivery and distribution delays hinder vaccine rollout in EU, U.S.

A syringe with the Pfizer-BioNTech COVID-19 vaccine is prepared at a COVID-19 vaccination center in Naples, Italy, January 8, 2021. /Reuters With the COVID-19 pandemic continuing to drive up i

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Samsung Considers $10 Billion Texas Chipmaking Plant, Sources Say

Samsung Electronics Co. is considering spending more than $10 billion building its most advanced logic chipmaking plant in the U.S., a major investment it hopes will wi

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How will the new U.S. government affect yuan's appreciation trend?

The appreciation of the Chinese yuan against the U.S. dollar enters the eighth month. /CFP Editor's note: Guan Tao is the chief economist of BOC International, and also a former director of th

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Prosus Ventures leads $30 million investment in Indian agritech startup DeHaat

Once overlooked, agritech startups are beginning to have a moment in India.On Tuesday, DeHaat, an online platform that offers full-stack agricultural services to farmers, said it has raised $30 millio

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China's bond market attracts record foreign inflow in 2020

03:40 The year 2020 was remarkable for China's bond market, which played a vital role in supporting the recovery across many pandemic-stricken economies and attracted a record foreign

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Chinese EV maker NIO to offer $1.3b in convertible notes

Li Bin, founder, chairman and chief executive officer of NIO, introduces the company's first sedan ET7 in Chengdu, southwestern China's Sichuan Province on January 9, 2021. /VCG Chinese electr

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China's 'Father of Hybrid Rice' joins TikTok

Yuan Longping's Douyin account has attracted more than 15 million followers in just three days. /Screenshot of DouyinChinese agronomist Yuan Longping, famed for develop

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China steps up oversight on online platforms' financial services

The People's Bank of China (PBOC) will step up "prudential oversight" on online platforms' financial activities. /CFP China will step up "prudential oversight" of online platforms' financial a

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Dollar nears multi-year lows after Democrats take control of Senate

U.S. dollars and other world currencies lie in a charity receptacle at Pearson international airport in Toronto, Ontario, Canada, June 13, 2018. /Reuters The dollar languished near its lowest