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HK shares rise as financials, consumer stocks gain on earnings boost


Yum China, WH Group gain on strong Q1 earnings
China set to report first population drop since 1949
SHANGHAI, April 28 (Reuters) - Hong Kong shares closed higher on Wednesday, with financials and consumer staples leading gains on the back of strong corporate earnings, while investors await cues on policy from politburo meetings due later this week. At the close of trade, the Hang Seng index was up 129.80 points or 0.45% at 29,071.34. The Hang Seng China Enterprises index rose 0.28% to 11,014.69. The sub-index of the Hang Seng tracking energy shares rose 0.1%, while the IT sector edged up 0.16%, the financial sector ended 0.97% higher and the property sector dipped 0.14%. ....

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Japanese shares fall as investors look past upbeat corporate outlook


By Reuters Staff
2 Min Read
TOKYO, April 27 (Reuters) - Japanese shares inched lower on Tuesday as investors looked past upbeat corporate outlook amid worries about the government’s handling of the COVID-19 pandemic, while chip-related stocks took cues from a positive finish overnight on the Nasdaq.
The Nikkei share average inched down 0.15% to 29,083.82 by 0211 GMT, while the broader Topix slipped 0.37% to 1,910.83.
“There are uncertainties on the effect of the state of emergency that is imposed on certain parts of Japan, as many people seem to be ignoring it,” said Takatoshi Itoshima, strategist at Pictet Asset Management.
“Shares in companies, which reported positive earnings, are not rising. That means investors’ expectations for corporate outlook are too high.” ....

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UPDATE 4-PM Modi says India shaken by coronavirus 'storm', U.S. to help


Sanjeev Miglani, Sudarshan Varadhan
(Adds U.S., other foreign pledges of help)
NEW DELHI, April 25 (Reuters) - Prime Minister Narendra Modi urged all citizens to be vaccinated and exercise caution, saying on Sunday the “storm” of infections had shaken India, as the country set a new global record of the most number of COVID-19 infections in a day.
The United States said it will immediately provide raw materials for one of the COVID-19 vaccines, medical equipment and protective gear to help India respond. France, Britain and Germany also promised rapid support.
The number of cases in India surged by 349,691 in the past 24 hours, the fourth straight day of record peaks. Hospitals in Delhi and across the country are turning away patients after running out of medical oxygen and beds. ....

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Malaysia's Top Glove says it resolved all indicators of forced labour


By Reuters Staff
2 Min Read
KUALA LUMPUR, April 26 (Reuters) - Malaysia’s Top Glove Corporation said it had resolved all indicators of forced labour in its operations, citing a report by independent consultant Impactt Limited.
The world’s largest medical glove maker said it had resolved all eleven indicators of forced labour as determined by the International Labour Organization. The resolution has been verified by Impactt in a report dated April 22, Top Glove added.
Top Glove had appointed London-based Impactt to assess its trade, human rights and labour practices after the U.S. Customs and Border Protection (CBP) in 2020 placed products of two of its units on an import ban due to suspicion of forced labour. ....

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