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ASX inches higher; Douglass fund dumps ‘socially contentious’ Tencent – The Sydney Morning Herald

The ASX200 inched up 0.1 per cent at the market open, while Santos and Oil Search have finalised terms of a merger agreement.

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Chinese stocks briefly surpassed a February peak, as a phone call between U.S. and Chinese leaders added to investor optimism thats also been bolstered by hopes on steps to boost economic growth.
The Shanghai Composite Index jumped as much as 0.8 per cent…

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