Oil prices sink 4% while Asian shares gain as Chinese chipmaker CXMT soars in Shanghai trading debut

BANGKOK (AP) — Shares were mostly higher Monday in Asia as oil prices slipped more than 4% after the U.S. and Iran refrained from fighting while discussing a possible resumption of negotiations on an interim ceasefire deal. Shares in Chinese memory chipmaker CXMT soared about 470% as they began tra...

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