Asian shares edge lower, Japan hurt by Sino-U.S. tensions

Asian stock markets, including China's, edged lower on Monday as sentiment was dented by news that the U.S. administration is considering delisting Chinese companies from U.S. stock exchanges.

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Global third-quarter M&A sinks to three-year low amid U.S.-China trade war fears

Global mergers and acquisitions (M&A) plunged 16% year-on-year to $729 billion in the third quarter, according to Refinitiv data, the lowest quarterly volume since 2016, as growing economic uncertainty curbed the risk appetite of companies considering deals.

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Saudi crown prince warns of 'Iran threat' to global oil

The Saudi prince says oil prices could be "unimaginably high" unless the world acts to deter Iran.

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Hong Kong Aug home prices drop for third month, steeper declines forecast

Hong Kong private home prices fell for the third straight month in August, according to government data released on Monday, as increasingly violent street protests take a toll on the economy.

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Bank of America, Morgan Stanley eye growth in employee-benefits management

Morgan Stanley and Bank of America Corp are expanding the employee-benefits services they offer, hoping to gain market share in the dull-but-reliable business of managing wealth for companies and employees.

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Rio Tinto scraps plans for Canadian iron ore unit sale, floatation - WSJ

Anglo-Australian miner Rio Tinto PLC has cancelled plans for the sale or floatation of its Canadian iron ore business, following unsuccessful attempts to find buyers, the Wall Street Journal reported on Sunday.

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GM and UAW union to continue talks on new labor deal

General Motors Co and United Auto Workers (UAW) said they will continue talks on a new labor deal on Monday, as a strike by the union's members enters its third week.

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