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Australia Shares Poised to Rise at the Open

Japanese stocks were higher in early trade, led by gains in tech and electronics stocks, as concerns ease about U.S. debt ceiling.

Nasdaq compositeDow jones industrial averageTelecommunication servicesWireless telecommunications servicesMobile telecommunicationsHuman resources consultingAccounting consultingBusiness consumer servicesBusiness consultancyIndustrial electronicsIndustrial goodsWsj pro npMitsubishi electric6503 toJp 6503Recruit holdings

Fashion Giant Shein Raises $2 Billion but Lowers Valuation by a Third

Online retailer faces geopolitical headwinds and rising competition

United statesWsjfinance asiaRetail wholesaleClothing retailSpecialty retailingE commerceOnline service providersRegulation government policyFinancial performanceEarnings projectionsCorporate fundingCorporate industrial newsContent typesFactiva filtersC ampe industry news filterWsj pro com

Venture-Fund Returns Suffer Amid Lower Startup Values

Portfolio markdowns are denting the performance of an industry that has long outperformed other asset classes

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SoftBank Trims Overall Loss After Topsy-Turvy Fiscal Year

Adjusted value of Japanese tech investor’s Alibaba stake falls to small fraction of year-ago level

Akio kon bloombergAlibaba groupMasayoshi son softbank groupMasayoshi sonSoftbank groupVision fundsWsjfinance eurRetail wholesaleTelecommunication servicesWireless telecommunications servicesMobile telecommunicationsE commerceOnline service providersFinancial performanceCorporate industrial newsBusiness disruptive innovation

SoftBank Nears Sale of Fortress to Abu Dhabi Fund

Investment manager would be sold at a loss to sovereign-wealth fund Mubadala

Akio kon bloombergSoftbank groupFortress investment groupBank groupAbu dhabi basedMubadala investmentBloomberg newsFinancial timesWsjfinance rerTelecommunication servicesWireless telecommunications servicesMobile telecommunicationsTrusts funds financial vehiclesPrivate equityAlternative investmentsFinancial services

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