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The Asian brake behind Lyft's juddering start

Abrupt end to region's IPO boom casts a shadow over financial markets

| China
Lyft's shaky stock market debut disappointed Silicon Valley, Wall Street and Tokyo.   © Reuters

Recent days have provided more than their fair share of dark economic news. From Japan's latest survey of big manufacturers to industrial output in Germany and U.S. services activity, the global downshift is accelerating.

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