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Alipay founder Jack Ma creates media stir by using credit card

InvestmentguruWarrenBuffettlikestotuckintoMcDonaldsanddrinksCokebecauseheownsthem.ApplehonchoTimCookalwaysuseshiscompany’sproducts.ButAlibabafounderJackMaisdiff

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China to launch 1st unified personal credit platform for online lending

Severalinternetfirmshavefiledwiththecentralbanktosetupacredit-informationplatform.Thenewcompany,underthenameofBaihangCreditScoring,willbebackedbyAlibabaandTence

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China toughens penalties for dishonesty in overseas deals

Chinawillstrengthensupervisionofbusinessesinvolvedincross-bordereconomicactivities,anofficialdocumentsaid.Dishonestbusinesseswillfacerestrictivemeasuresonloangu

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China: Online payment providers modernize home rental market

AlipayandChinaUnionPay,twoofChina'sonlinepaymentserviceproviders,areusingtheircreditratingsystemtoimprovethehouserentalmarket.Thisisexpectedtohelpregulatehowhou

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China says S&P's downgrade 'wrong decision'

China'sMinistryofFinance(MOF)onFridaysaiditwasa"wrongdecision"forStandardPoor's(SP)tocutChina'ssovereigncreditrating.Theministrysaidonitswebsitethatthedecisionw

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Equifax waives credit freeze fees after facing backlash

Equifaxhaslearnedthehardwaythatpeoplethatpeopledon'tappreciatehavingtopay$10forprotectionwhenit'snottheirfaulttheirpersonaldetailswerecompromised.Especiallyifth

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Equifax slammed after major data breach

USlawmakersattackedcreditreportgiantEquifaxafterthecompanyrevealedthat143millionUScustomersmayhavehadtheirinformationstolen.TwoCongressionalcommitteechairmensai

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How to protect your information online

Therearemorereasonsthanevertounderstandhowtoprotectyourpersonalinformation,asmajorwebsitebreachesbecomeevermorefrequent.OnThursday,Equifax,oneofthethreemaincred

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How to find out if you're affected by the Equifax hack

YoumayhaveneverusedEquifaxyourself--orevenheardofit--butthecreditreportingagencycouldstillhaveatreasuretroveofyourpersonalinformation.EquifaxsaidThursdaythat143

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New Disney campaign urges girls to dream bigger than just princesses

Disneylaunchedanewglobalinitiativein2016called#DreamBigPrincess.Now,perthecampaign'ssite,they'veaddedaphotographyelement.Inadditiontohaving19femalephotographers

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SMBC to offer Takata $224m bridge loan

SumitomoMitsuiBankingCorp.announcedMondayithassetcreditlinesofupto25billionyen($224million)tohelpJapaneseairbagmakerTakataprovisionallystayinbusinessafteritfile

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Imagine Yoko Ono getting a songwriter credit on 'Imagine'!

Yoko Ono has finally been given a writer's credit on the John Lennon smash hit "Imagine", 46 years after the iconic song was released.

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Imagine Yoko Ono getting a songwriter credit on 'Imagine'!

YokoOnohasfinallybeengivenawriter'screditontheJohnLennonsmashhit"Imagine",46yearsaftertheiconicsongwasreleased.Thecreditwasgivento84-year-oldOnoattheNationalMus

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HSBC launches its first credit cards in China

Bank targeting three million users, but will need to overcome competition from mobile payment providers

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Chinese banks to face difficulties in wave of reform

While analysts have welcomed the apparent shift in Chinese policy towards structural economic reform, it could in the short term lead to rising liquidity and credit risks that are problematic for banks.

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A standardized, but imperfect credit system in U.S.

​Keith Bliss, a senior vice president at Cuttone & Co. company, has been holding a credit card since 1987, but he is not that satisfied with the credit system in the United States.

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Leverage build-up poses varying risks for Asia Pacific sovereigns: Moody's

Moody's Investors Service said in a report on Tuesday that the increase in leverage across Asia Pacific over the last five years could weigh on sovereign credit quality.