Asian stocks set to fall as Wall St snaps 3-day winning streak

Asian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery.

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Asian stocks set to rise as drug trials, data push Wall Street higher

Asian stocks were set to climb on Wednesday after another late Wall Street surge in response to upbeat trial results for a COVID-19 treatment and data showing U.S. consumers spent big in May.

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Senate bill aims to improve aircraft certification after 737 MAX crashes

U.S. senators introduced legislation on Tuesday that would strengthen FAA oversight of aircraft certification following fatal Boeing Co 737 MAX crashes, though a victim's father said the bill, while a positive step, "still lacks teeth."

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Transparency needed to restore trust after 737 MAX crashes: FAA chief

U.S. FAA chief Steve Dickson will tell a Senate committee at a hearing on Wednesday that transparency is key to restoring public trust in the agency and planemaker Boeing Co in the wake of fatal 737 MAX crashes, according to a copy of his written testimony seen by Reuters.

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Bayer scraps U.S. plans to produce crop chemical blocked by court

Bayer AG said on Tuesday it will scrap a nearly $1 billion project to produce the chemical dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of weed killers based on the product.

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Asian stocks set to track U.S. gains as Fed steps up support

Asian stocks were set to follow a late Wall Street surge on Tuesday, after the Federal Reserve's fresh move to support financial markets through the coronavirus pandemic cheered investors.

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U.S., China to each allow four weekly flights for airlines; Delta to fly next week

The United States and China will each allow four weekly flights between the two countries, the U.S. Transportation Department said on Monday, easing a standoff on travel restrictions in the midst of the novel coronavirus pandemic.

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Crunch time for China's robot startups as pandemic brings pain and opportunities

With glowing blue eyes and trusting feline features, a new robot cat by Chinese startup Elephant Robotics seems happily oblivious to the worries of CEO Joey Song as he shows it off at the company's lab in Shenzhen.

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Zoom says China demanded shutting activists' accounts over Tiananmen event

Zoom Video Communications Inc said on Thursday the Chinese government demanded the termination of four public meetings held on its video conferencing platform on June 4 to commemorate the 31st anniversary of China's Tiananmen Square crackdown.

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Apple, YouTube unveil $100 million funds to support black causes amid U.S. protests

Apple Inc said on Thursday it will increase spending with black-owned suppliers as part of a $100 million racial equity and justice initiative, while Google-owned YouTube said it will spend $100 million to fund black artists.

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Stock tumble gives brutal reminder of pandemic fear

A stock market that shook off the coronavirus pandemic, economic devastation and sky-high equity valuations was reminded of all three on Thursday, as Wall Street took its biggest dive in three months.

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Palantir close to registering for stock market debut: sources

Palantir Technologies Inc is aiming to file confidentially with U.S. regulators to go public in the coming weeks, emboldened by the strong performance of other initial public offerings (IPOs), according to people familiar with the matter,

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Asia stocks set to gain after recovery hopes push Wall Street higher

Asian stocks were set to climb on Tuesday as confidence in an economic recovery pushed the Nasdaq benchmark to a record high, although doubts about crude supply cuts were likely to keep oil prices under pressure.

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