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Trump's son-in-law under investigation for Russia dealings

SpecialcounselRobertMuellerisinvestigatingfinancialandbusinessdealingsofJaredKushner,PresidentDonaldTrump’sson-in-lawandadviser,forpossibleentanglementswithRuss

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China not cradle for crisis

InarecenttalkwithBusinessInsiderfounderHenryBlodget,billionairecommodityguruJimRogerssaidthetremendousdebtbuildupandunreasonablyhighassetvaluationshavemadethegl

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EU weighs post-Brexit jab against London finance hub

The EU on Tuesday is to unveil new rules that could require a huge slice of London's banking business to leave after Brexit in a blow to the city's supremacy as a global financial hub.

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EU weighs post-Brexit jab against London finance hub

TheEUonTuesdayistounveilnewrulesthatcouldrequireahugesliceofLondon'sbankingbusinesstoleaveafterBrexitinablowtothecity'ssupremacyasaglobalfinancialhub.Ifconfirme

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Singapore fines Credit Suisse, local bank over money laundering

Singapore said Tuesday it had fined Credit Suisse and a local lender for breaches of the city-state's anti-money laundering laws relating to a corruption scandal at Malaysian state fund 1MDB.

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Singapore fines Credit Suisse, local bank over money laundering

SingaporesaidTuesdayithadfinedCreditSuisseandalocallenderforbreachesofthecity-state'santi-moneylaunderinglawsrelatingtoacorruptionscandalatMalaysianstatefund1MD

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Economic Watch: New vision on Belt & Road financing connectivity

TheBeltandRoadisstartinganewjourney,withaninternationalgatheringearlierthismonthchartingitsfuturecourse.Asapriorityforthenextstage,financialcooperationandconnec

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Innovation in Qianhai Free Trade Zone paves way for financial industry

ByAPDWriterHeWeiTaxrevenueoffinancialindustryhasdoubledin2016onayearlybasisAccordingtoareportreleasedbytheChinaSecuritiesJournal,asoftheendof2016,51,188financia

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City wants a new deal: Hong Kong Disney sends billions of dollars back to US parent company while reporting losses

Lawmakers told theme park needs to pay between 5 and 10 per cent of its revenue to its US parent as royalties every year, meaning a possible HK$3.37 billion since 2009

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US Senate expected to confirm Steven Mnuchin as treasury secretary

The US Senate is expected to confirm former Goldman Sachs banker and Hollywood financier Steven Mnuchin as Treasury secretary on Monday (Feb 13), returning a Wall Street veteran to the top US economic and financial job for the first time in eight years.

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S. Koreans spend one-fourth of income on repaying debts: survey

South Korean households spent over one-fourth of disposable income on repaying debts amid eased regulations on mortgage financing and record-low interest rates that helped lift household debts to the record high, a joint survey showed on Tuesday.

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Britain's financial services sector makes highest recorded tax contribution: report

New figures published by City of London Corporation Tuesday shows the total tax contribution from Britain's financial services sector reached 71.4 billion pounds (90.54 billion U.S. dollars) in the year to March 31, 2016.

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Fed official stands by Wall Street reforms, says must complete work

The United States "absolutely must" complete unfinished work ending the too-big-to-fail bank problem that helped plunge the global economy into recession eight years ago, an influential Federal Reserve policymaker said on Saturday.

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Gov't vows full efforts for financial market stabilization

​South Korea will take "resolute" steps to help stabilize the financial market, if needed, amid clear indications of interest rate hikes, the nation's top regulator said Monday.

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New policy to benefit investment

China's central bank will allow qualified international employees working in China (Shanghai) Pilot Free Trade Zone to open overseas personal free trade accounts, as part of a series of reforms encouraging innovation and cross-border investment.

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NHS financial woes putting strain on Britain's health services

The financial performance of Britain's National Health Service (NHS) has worsened considerably in the past year, a report by the National Audit Office revealed Tuesday.

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Panama needs new anti-corruption laws to combat tax dodgers - panel

Panama can remain a competitive financial centre while cracking down on tax evaders and other criminals who have used the country to launder money, according to the panel formed by the government after the "Panama Papers" scandal broke in April.