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Asian shares up as U.S. infrastructure bill lifts S&P to a record

SHANGHAI, June 25 (Reuters) - Asian shares rose on Friday, tracking gains on Wall Street overnight that lifted the Nasdaq and the S&P 500 indexes to record highs after U.S. President Joe Biden emb...

Asia extends global stocks rally, U.S. bond yields fall on easing inflation fears

SHANGHAI, June 11 (Reuters) - U.S. bond yields fell to three month lows and a broad gauge of Asian shares rose on Friday as investors saw enough one-off factors in U.S. consumer price data to back the...

Alibaba shrugs off $2.75 billion antitrust fine, shares rally

SHANGHAI (Reuters) -Alibaba does not expect any material impact from the antitrust crackdown in China that will push it to overhaul how it deals with merchants, its CEO said on Monday, after regulator...

China's Tsinghua Unigroup defaults on $198 million bond: sources

SHANGHAI (Reuters) - Tsinghua Unigroup, a major government-backed player in China’s technology race, has defaulted on a 1.3-billion-yuan ($197.96 million) bond, three sources said, as several hi...