(Bloomberg) – Alibaba Group Holding Ltd. will be included in Hong Kong’s Hang Seng in one of the biggest upgrades in the benchmark index’s 50-year history. Xiaomi Corp. will also participate in the index, as will Wuxi Biologics Cayman Inc., according to Hang Seng Indexes Co. on Friday, as it …
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It’s a popular time to be a dollar, with the Federal Reserve executing the proverbial money pressures as fast as possible, and the dollar index DXY, -0.13% closer to 10% down from its March highs. Robin Brooks, chief economist at the Institute of International Finance and former chief global currency …
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Walmart (WMT) is currently pilot testing 4 brands in California and Oklahoma with Instacart (ICART) for home delivery of groceries, alcohol and other products. The move points to a possible expansion into other markets, which will significantly increase Walmart’s delivery capabilities and allow it to fill more on store tracking …
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(Reuters) – Novavax Inc said on Thursday that SK cinemas of South Korea would produce part of the experimental coronavirus vaccine from the US medical developer in a bid to increase its supply. Shares of Maryland-based Novavax rose nearly 7% in morning trading. Novavax has so far received $ 2 …
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Despite promises by top Hong Kong officials that China’s draconian national security law, which contains 66 articles and criminalizes succession and subversion, to terrorism and conspiracy, would affect only a small fraction of its 7 million inhabitants, almost every facet of ‘ the once independent enclave – from education to …
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