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South Korea's Kospi Rises 0.5% Internet, Chip Stocks Advance
South Korea’s benchmark Kospi rose 0.5% in early trade as internet and semiconductor stocks advance.The Wall Street Journal - World - South Korea -
FirstFT: Apple sales beat expectations despite China decline
Also in today’s newsletter, a Hong Kong insider trading case, and US law firm Mayer Brown to hive off China operationsFinancial Times - World - China -
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Block shares jump on better-than-expected first-quarter results
Block's earnings report comes during a slide in the stock price tied to reports that U.S. prosecutors were probing the company's compliance practices.CNBC - Business -
Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%
Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.CNBC - Business - Apple -
Wayfair shares surge after furniture retailer cuts losses by more than $100 million
Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.CNBC - Business -
Apple’s revenue falls less than feared despite rocky start to the year
Tech giant’s shares rise as executives project optimism about the coming months and announce $110bn stock buybackFinancial Times - Business