China Must Gain Upper Hand In New Electronic Currency ‘War:' PBOC
Finance
Economic Recovery Doubts Govern Asia Shares
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GNC To Be Acquired By Chinese Drugmaker Harbin Pharmaceuticals
"GNC has decided to cancel its bankruptcy option and move ahead with a $760 million acquisition deal with Chinese pharmaceutical giant Harbin Pharmaceutical Group. -
NYSE-Listed ZTO Selling More Shares To Spend On 'Happiness' Mission
"ZTO Express is the latest U.S.-listed China company to launch a secondary listing – even as tensions between China and the U.S. escalate.
The Latest
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Ping An Insurance Snaps Up HSBC Stock As Price At Unprecedented Lows
Ping An purchased 10.8 million HSBC shares in the open market at an average price of around HK$28.28 per share. 
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Chinese Shares Lead Asia Markets Higher
MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.5% to 550.47, but still within striking distance of a two-month low of 543.66 hit last week. 
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Tech Leads Wall Street Higher As Virus Fears Rise
Technology stocks again rode to Wall Street's rescue on Friday, propelling the main indexes higher, but the Dow and the S&P 500 were on track for their longest weekly losing streak in a year after fears of an economic slowdown sparked a sell-off. 
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S&P 500, Dow Extend Longest Losing Spree In A Year
The S&P 500 and the Dow inched lower on Friday, extending their longest losing spree in a year as fears about the outlook for the economy in a future still dominated by the coronavirus weighed on investor sentiment. 
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Berkshire Hathaway Backs E.W. Scripps' $2.65 Billion Acquisition Of ION Media
Berkshire Hathaway agreed to buy $600 million worth of Scripps' preferred shares to support its planned $2.65 billion purchase of ION Media. 
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Should I Stay Or Should I Go? Asia Shares Confused
MSCI's index of Asia-Pacific shares outside Japan was 0.66% higher in the morning session after slumping 2.15% a day earlier. 
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'Healthy Correction' Or Something More? Stock Swings Keep Investors On Edge
A barrage of worrisome news is rocking the U.S. stock market after a nearly six-month surge, leading some investors to question whether the recent selloff in equities heralds a longer period of volatility. 
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Nasdaq Rises On Tech Boost As Economic Recovery Cools
The Nasdaq led gains on Wall Street on Thursday as investors returned to technology-related stocks, while a surprise rise in weekly jobless claims signaled that more fiscal support would be necessary to avoid another round of mass layoffs and furloughs. 
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Asian Shares Follow Wall Street Into Slump Territory
Chinese blue-chips dropped 1.09%, Hong Kong's Hang Seng fell 1.72%, Seoul's KOSPI sank 1.73% and Australian shares were 1.18% lower. 
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Wall Street Closes Lower On Fears Of A Slowing Economy
Wall Street's main indexes fell sharply on Wednesday after data showing a cooling of U.S. business activity and the stalemate in Congress over more fiscal stimulus heightened concerns about the economy while the coronavirus pandemic remains unchecked. 
