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Japan
Web-Store Giant Alibaba Rises in Hong Kong Despite Record Fine
The Alibaba share was one of the strongest risers on the Hong Kong stock exchange on Monday. China last weekend imposed a record fine of 18.2 billion yuan on the web-store group of tech billionaire Jack Ma for monopoly practices.
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Nikkei Lower Due to Corona Infections Increase in Japan
The Tokyo stock exchange ended slightly lower on Thursday. A sharp rise in the number of corona infections in the Japanese capital and Osaka fueled concerns about new measures to contain the virus.
Another shortening of restaurant…
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CVC Takeover Offer for Japanese Technology Company Toshiba
Japanese technology and electronics group Toshiba has received a takeover offer from investment company CVC Capital Partners. More than $ 20 billion may be involved in that offer. Toshiba said it was looking at the proposal.
CVC…
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Stock House Nomura Plummets on Higher Japanese Stock Market
Nomura fell hard on the Tokyo stock exchange on Monday. Japan's largest securities house warned of a possible $ 2 billion loss at its US arm from transactions with an unnamed client in the United States.
The mood on the Japanese…
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Xiaomi and Tencent Drop on the Hong Kong Stock Exchange
Chinese smartphone maker Xiaomi and tech company Tencent lost ground on the Hong Kong stock exchange on Thursday despite better-than-expected earnings figures from both companies.
Technology companies were also under pressure on…
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Nikkei Back Above 30,000 Points Thanks to Chip Companies
The Tokyo stock exchange managed to close above 30,000 points on Thursday due to substantial price gains from the Japanese chip companies.
Investors took to the new record levels on Wall Street. Besides, the results of the Bank of…
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Smartphone Maker Xiaomi Rises Sharply on the Hong Kong Stock Exchange
Smartphone maker Xiaomi was one of the strongest risers on the Hong Kong stock exchange on Monday. Investors welcomed the news that a judge in Washington has temporarily lifted US trade restrictions against the Chinese concern.
The…
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Tech Companies Crash on Positive Japanese Stock Market
The Tokyo stock exchange closed higher on Tuesday. Investors sold the shares of tech companies, which surged during the corona crisis, and entered companies expected to benefit more from the economic recovery.
The other major stock…
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