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Sina Weibo shares jump 19% in US debut

Sina Weibo, China's answer to Twitter, debuted on the Nasdaq exchange Thursday with a 19.1 percent jump despite an IPO that went out undersubscribed and lower priced than hoped. In a spate of buying that suggested that Wall Street's waters are still welcoming to loss-making technology high flyers, and to Chinese firms as well, Weibo shares rose from the subscription price of $17 to as high as $24.28, before settling the day at $20.24.

Sina Weibo shares jump 19% in US debut

Sina Weibo, China's answer to Twitter, debuted on the Nasdaq exchange Thursday with a 19.1 percent jump despite an IPO that went out undersubscribed and lower priced than hoped. In a spate of buying that suggested that Wall Street's waters are still welcoming to loss-making technology high flyers, and to Chinese firms as well, Weibo shares rose from the subscription price of $17 to as high as $24.28, before settling the day at $20.24.

Americas News Agenda for April 18

Duty Editor: Stephanie Griffith Tel: +1 202 414 0541 What's happening in the Americas on Friday: + Latin America mourns Gabriel Garcia Marquez death + SpaceX to launch Dragon capsule to ISS MEXICO CITY: Latin American countries mourn the death of Gabriel Garcia Marquez, the Nobel-winning Colombian author and godfather of magical realism who wrote "One Hundred Years of Solitude" and "Love in the Time of Cholera" (COLOMBIA-MEXICO-LITERATURE-GARCIAMARQUEZ)

Garcia Marquez, an influence 'all over the planet'

Gabriel Garcia Marquez was an enormous influence on a huge number of writers worldwide, in particular through his 1967 novel "One Hundred Years of Solitude". Far beyond South America and the wider Hispanic world, Garcia Marquez's influence was felt by and played out in the work of authors "all over the planet", Claude Durand, the French translator of the landmark novel, told AFP. With its mix of myth, fantasy and family saga, critics have also observed the influence of Garcia Marquez in Salman Rushdie's "Midnight's Children".

List of works by Gabriel Garcia Marquez

Colombia's Nobel literature laureate Gabriel Garcia Marquez, who died Thursday, was a prolific writer and pioneer of magical realism whose seminal work was "One Hundred Years of Solitude." Here is a selection of novels, articles and other works written by Garcia Marquez: NOVELS "Leaf Storm" (1955) "No One Writes to the Colonel" (1958) "In Evil Hour" (1962) "One Hundred Years of Solitude" (1967) "The Autumn of the Patriarch" (1975) "Chronicle of a Death Foretold" (1982) "Love in the Time of Cholera" (1985)

Garcia Marquez, godfather of magic realism, dies at 87

Gabriel Garcia Marquez, the Nobel-winning Colombian author who used magical realism to tell epic stories of love, family and dictatorship in Latin America, died Thursday at the age of 87. Known affectionately as "Gabo," the author of "One Hundred Years of Solitude" and "Love in the Time of Cholera" became one of the most popular Latin American novelists in the world and the godfather of a literary movement that witnessed a continent in turmoil.

Order for Jews in east Ukraine to register just 'provocation'

Pamphlets ordering Jews in east Ukraine's main city to register sparked a fierce storm of indignation on Thursday, with strident condemnation from Western officials and dire fears of a Nazi-style pogrom -- but were sceptically dismissed by the local chief rabbi as nothing more than "provocation". "What happened of course smells of a provocation. As to who is behind it -- that is an open question," rabbi Pinkhas Vyshedski said in comments published on the website of the Donetsk Jewish community.

Church must be open to sick, homeless, pope says on Holy Thursday

By Philip Pullella VATICAN CITY (Reuters) - Pope Francis, starting four packed days culminating in Easter, said the Catholic Church must always be a refuge for the needy and later washed the feet of 12 disabled people at a traditional Holy Thursday ceremony. In the morning, Francis, who regularly urges priests to shun material comforts or the desire to climb clerical career ladders, led the first of two solemn services on the day that Christians commemorate the founding of the priesthood by Jesus.

Turkish parliament approves wider spy agency powers

ANKARA (Reuters) - Turkey's parliament on Thursday approved a law boosting the powers of the secret service (MIT), a move seen by Prime Minister Tayyip Erdogan's critics as a bid to tighten his grip on the apparatus of state as he wages a bitter power struggle. The changes ratified by parliament, which is dominated by Erdogan's AK Party, give the MIT more scope for eavesdropping and foreign operations, as well as greater immunity from prosecution for top agents.

Sina Weibo shares jump more than 25% after IPO

Shares of Sina Weibo, China's answer to Twitter, jumped more than 25 percent in initial trade Thursday, after a disappointing initial public offering on the US Nasdaq exchange. The offering on Wednesday was undersubscribed as Weibo's parent, the Chinese Internet giant Sina Corp, ran into a market jittery over both tech and Chinese company shares.
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