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Asia-Pacific stocks slide; Hang Seng drops 3%

On Monday, Asia-Pacific stocks registered significant losses following a sell-off on Wall Street last week. Hong Kong’s Hang Seng index sharply fell 2.57% or 530.33 points to the 20,108.19 mark.

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Gap stocks plunge after cutting sales guidance

Shares of Gap Inc. slumped on Thursday’s after-hours after the company slashed its forecast for quarterly sales, blaming execution challenges at its Old Navy brand. The American clothing retailer sank

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