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China factory activity unexpectedly expands, but economy unable to shake off virus shock

BEIJING (Reuters) - Factory activity in China unexpectedly expanded in March from a collapse the month before, but analysts caution that a durable near-term recovery is far from assured as the global coronavirus crisis knocks foreign demand and threatens a steep...

China PMI offers tiny relief to Asia as stocks head for dire end to quarter

SYDNEY/HONG KONG (Reuters) - Asian shares were set to close out a calamitous quarter by eking out a small rally on Tuesday as factory data from China held out the hope of a revival in activity, even as much of the rest of the world shut down. China’s official...

Global M&A dwindles as coronavirus batters world’s economies

LONDON/NEW YORK (Reuters) - Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating economic effects of the coronavirus pandemic took hold in March, compounding a slow start to the year for...

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