Asia Stocks Steady on Virus Cases; Dollar Edges Up: Markets Wrap

Asia Stocks Steady on Virus Cases; Dollar Edges Up: Markets Wrap

Stocks in Asia fluctuated early Monday as spikes in virus cases in parts the region and lingering inflation concerns weighed on investor sentiment. U.S. futures dipped. Shares rose in Australia but slipped in Japan and South Korea as markets responded to the …
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New York City's 24-hour subway service resumes one year after COVID-19 shutdown

The subway’s ridership reached 2 million riders on April 8, according to New York Governor Andrew Cuomo’s office — a high since the pandemic began — and this week had an average daily ridership over 2 million. Ridership is still down from the pre- …
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JD Logistics launches Hong Kong IPO to raise up to $3.4 bln – filings

The company recorded 22.4 billion yuan ($3.5 billion) in revenue in the first quarter of 2021, up 64.1% from the same period in 2020. Its gross profit for the quarter reached 230.7 million yuan …
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NASA successfully launches rocket meant to explore energy transport in space

Engineer Vishnu Sridhar of the NASA Maris 2020 project on plans to push Ingenuity Mars helicopter ‘to the limit’ and how its first historic flight can help future space studies. NASA has …
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Blackstone's $6.5 Billion Crown Resorts Bid Rejected as Too Low

Crown Resorts Ltd. rejected as too low an A$8.4 billion ($6.5 billion) takeover offer from Blackstone Group Inc., handing the advantage to rival suitor Star Entertainment Group Ltd. Directors unanimously decided the U.S. buyout firm’s bid undervalued the …
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