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The Dow closed down 288.14 points Thursday, but finished up about 11 percent for April – the largest one-month gain since 1987. The S&P 500 gained about 12.7 percent in April.

The Chinese mainland, Hong Kong and Taiwan are the fund manager's key growth markets whereas the assets under management (AUM) sourced from the mainland and Hong Kong jumped 15.4 percent and 13.9 percent respectively in 2017.

The Civil Aviation Administration of China said on Friday that it is evaluating how the websites of four United States-based airlines refer to Taiwan.

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The EU's new anti-dumping legislation entered into force on Wednesday after being proposed one year ago by the European Commission, an executive body of the EU.

The Department of Defense awarded the Joint Enterprise Defense Infrastructure project to Microsoft last year despite Amazon’s apparent advantage during the bidding process. Amazon sued, claiming President Donald Trump’s personal animus toward the company and its CEO, Jeff Bezos, influenced the outcome.

The EU and other interested parties are invited to observe every conference within the China-CEEC framework, and the consensus reached under the 17+1 mechanism is open to and beneficial for all sides, he said.

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The Dow has fallen about 22.6 percent from its pre-coronavirus high of 29,551.42. The S&P 500 is down about 15.6 percent and the Nasdaq composite is down about 8.8 percent.

The Commissioner of the Japan Patent Office, Toshihide Kasutani, said by holding the virtual meeting amid the pandemic, the five offices demonstrated their commitment to promoting cooperation and innovation.

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The European Union quickly issued a statement saying it "reiterates its strong opposition to the extraterritorial application of unilateral Cuba-related measures that are contrary to international law."

The Commerce Department said in a statement that it had set preliminary subsidy rates ranging from 16.56 percent to 80.97 percent for Chinese exporters and producers of aluminum foil.