A Year After Stampede, Shanghai Cancels New Year Celebrations

SHANGHAI, Dec 29 – Authorities in the Chinese city of Shanghai have opted not to organize New Year celebrations the historic riverfront Bund this week, a year after a stampede killed 36 people. City spokesman Xu Wei announced the decision on Tuesday, state broadcaster CCTV reported on its microblog. “There will be no activities on

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Asia Stocks Slip But Japan Bucks Trend on Oil Bounce; Dollar Wobbles

By Shinichi Saoshiro TOKYO, Dec 28 – Asian stocks dipped on Monday amid a lack of immediate directional cues in light year-end trade, although Japanese shares managed to rise following a rebound in crude oil prices from multiple-year lows. Investors across asset markets were without some of the usual leads as most global markets were

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