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German shares edge up Wednesday

FRANKFURT, Aug. 5 (Xinhua) -- German stocks edged up on Wednesday, with the benchmark DAX index up 59.38 points, or 0.47 percent, to close at 12,660.25 points.

Corporate News

United States equities won’t revisit March lows

BANGALORE: United States equities will not revisit the lows hit in March 2020, but the next big correction in stock markets could be triggered by corporate defaults, Mohamed El-Erian, chief economic adviser at Allianz SE, said.