Japanese flea market app startup Mercari, which raised $1.2B in its IPO, closes up 77% in its debut on the Tokyo stock exchange, valuing it at as much as $7.4B (Sam Nussey/Reuters)

Sam Nussey / Reuters: Japanese flea market app startup Mercari, which raised $ 1.2B in its IPO, closes up 77% in its debut on the

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US court confirms danger posed by ‘sound cannons’. “The problem posed by protesters in the street did not justify the use of force, much less force capable of causing serious injury, such as hearing loss,” the court said in its ruling.

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ZTE shares slide as much as 41% in Hong Kong, wiping $3B off its market cap, after the company agreed to pay up to $1.4B in penalties to the US government (Anne Marie Roantree/Reuters)

Anne Marie Roantree / Reuters: ZTE shares slide as much as 41% in Hong Kong, wiping $ 3B off its market cap, after the company

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