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Smart banking: is it inventive or just goofy? - August 18, 2016

I haven't actually walked into a bank for a long time. In most of my previous visits, I had to take a number and wait in a long queue for 30 minutes or more just to do a simple transaction. I sat plugged

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One year on, lower yuan and fewer jitters - August 18, 2016

ONE year after China's surprising devaluation of its currency, the central bank seems to have assuaged market panic as it leads the yuan slowly lower. Fear, at least for now, has largely disappeared from

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Walmart, JD pursue profit in a united front - July 22, 2016

WALMART Stores Inc announced yesterday that it plans to sell its wholly owned Chinese e-commerce business Yihaodian to JD.com in exchange for a 5 percent equity stake in the online retailer. The move

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Monsters everywhere! Pokemon is back, stirring up new mania - July 22, 2016

POKEMON Go, the latest rage in smartphone entertainment, allows players to walk around real-life neighborhoods in search of virtual Pokemon monsters. Since its debut in overseas markets several days ago,

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Keep opening up, reforming and globalizing - June 14, 2016

THINK-TANK members and regulators extended debates over macro policy coordination and China's financial opening-up at the two-day forum which ended in Shanghai yesterday.

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London seeks more offshore yuan volume - June 14, 2016

THE recent weakening of the yuan will not deter its internationalization as London is ready to handle a greater volume of cross-border yuan business, a City of London official said on the sidelines of

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Better-linked capital markets pledged - June 14, 2016

CHINA and Britain want to boost the connectivity between their capital markets by aiming to launch a stock connect and a program of mutual fund recognition, their financial officials told the 2016 Lujiazui

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Solvency system insures city's status - June 14, 2016

SHANGHAI'S status as a global insurance center will rise following the Chinese insurance sector's shift to a risk-based solvency system and deeper reforms in the bond market, AIA Group CEO and President

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