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Asian markets track Wall St higher as Hong Kong extends rally
Asian markets track Wall St higher as Hong Kong extends rally
by  AFP

Hong Kong and Shanghai stocks extended their rally Wednesday on hopes for more Chinese measures in support of battered markets, while traders elsewhere in Asia tracked Wall Street advances fuelled by strong earnings. "Sentiment improved after (Tuesday's) ripping rally in Chinese and Hong Kong stocks," said Kyle Rodda of Capital.

Santos, Woodside abandon mega-merger talks
Santos, Woodside abandon mega-merger talks
by  AFP

Australian energy firms Santos and Woodside Energy on Wednesday abandoned talks to create an oil and gas firm worth more than US$50 billion. The companies -- under pressure as the world eyes a shift to renewable energy sources -- had held exploratory talks to create what would be one of the world's largest natural gas exporters.

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