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Jack Ma's Ant Financial plans to buy 20pc stake in Ascend Money

Alibaba Group’s financial affiliate is planning to purchase a 20 per cent stake in Thailand’s Ascend Money in a bid to become a key financial services player in Southeast Asia.

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Huawei launches world's slimmest smartphone in Philippines

Huawei, a leading global information and communications technology (ICT) solutions provider, unveiled its two new products in the Philippines on Wednesday.