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The iron ore party draws to a close

Iron ore had a carousing 2019 — for all the wrong reasons. A fatal dam collapse in Brazil, followed by a tropical cyclone in Australia, battered production and sent prices to their highest level in five years. Early figures from BHP Group and Rio Tinto Group show just how much benefit both have reaped. With supply coming back, Chinese mills ...

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HK risks squandering its Alibaba dividend

Hong Kong is missing an opportunity to displace the US as an offshore listing venue for Chinese companies by keeping trading fees too high. Alibaba Group Holding Ltd.’s $11 billion offering in November showed the potential for the city’s stock exchange to attract US-listed mainland enterprises amid an unsettled trade relationship between the two largest economies. Relatively expensive costs threaten ...

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Trump’s French trade truce puts off the battle

Who said Davos doesn’t make a difference? As world leaders, business executives and cheerleaders for the planet descended on the Swiss resort for the annual World Economic Forum, one diplomatic victory was being chalked up on the sidelines: A presidential truce between Donald Trump and Emmanuel Macron over France’s plan to tax tech companies, which the US says discriminates against ...

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