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Conserve cash, don't buy back shares

As stocks plummet, corporates should not make big buybacks to defend their share price
Friday, January 22, 2016 - 05:50

A SIMPLISTIC distinction often made between Western and traditional Chinese medicine is that the former uses scientifically proven methods to treat disease symptoms, while the latter goes for a broader approach to address root causes.

From this perspective, swooning stock markets are just

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