China Sprints Ahead in Race to Modernize Global Money Flows
A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is
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Country Garden Shows Even China’s Once-Mighty Builders at Brink
China’s former biggest builder Country Garden Holdings Co. has joined the ranks of once-strong developers that are deferring
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Dollar firm on safe-haven demand as markets fret over China, banks
By Kevin Buckland TOKYO The dollar remained on the front foot in Asia on Wednesday, holding on to
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South Korea household borrowing grows further, countermeasures eyed
SEOUL South Korea's household borrowing grew in July for a fourth straight month and by the biggest amount
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Thai growth forecasts may need to be revised down - central bank chief
BANGKOK Thailand's economy continues to recover, helped by tourism and consumption, though the growth forecast may need to
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Instant view: China's consumer prices fall in July as deflation risks build
BEIJING China's consumer prices posted their first annual decline in more than two years in July, while factory
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Western allies receive increasingly 'sobering' updates on Ukraine's counteroffensive: 'This is the most difficult time of the war'
Weeks into Ukraine's highly anticipated counteroffensive, Western officials describe increasingly "sobering" assessments about Ukrainian forces' ability to retake significant territory, four senior US and western officials briefed on the latest intelligence told CNN.
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Chinese Deflation Another Worrying Signal for Commodities Demand
Commodities bulls betting on a revival in Chinese demand will be hoping for more visible policy support as
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Asian shares hesitant on China inflation data, US bank jitters
By Stella Qiu SYDNEY Asian shares were on the defensive on Wednesday after China inflation data confirmed the
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AWC, Ant Group Partner for Wide-ranging Initiatives to Enable Seamless Cross-border Payments for Consumers, Businesses
BANGKOK--(BUSINESS WIRE)--Aug 8, 2023--
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Germany spends big to win $11 billion TSMC chip plant
Taiwanese chipmaker TSMC on Tuesday committed 3.5 billion euros ($3.8 billion) to a factory in Germany, its first in Europe, taking advantage of huge state support for the $11 billion plant as the continent seeks to bring supply chains closer to home.
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Piedmont Lithium's plans to supply Tesla face skeptical North Carolina officials
By Ernest Scheyder Piedmont Lithium faced a slew of skeptical questions from local North Carolina officials on Tuesday
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