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Report highlights improved safety of global capital markets

​Global capital markets institutions are safer now than they were before the 2008 financial crisis, according to a report released Thursday.

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G20 economies pledge "all policy tools" to strengthen global recovery

​Financial policymakers from the world's 20 major economies on Saturday pledged to use all policy tools, including monetary, fiscal and structural ones, to strengthen global recovery amid growing concerns of further downward risks.

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G20 faces urgent task to avoid global monetary disorder

​The Chinese city of Shanghai will welcome finance ministers and central bank governors for the first major meeting of G20 this year on Friday and Saturday. It should avoid being just a talk show.

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Premier Li urges more financial support for industrial upgrades

Premier Li Keqiang on Wednesday called for more financial support for industrial upgrades as the country strives to restructure its economy.

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China to issue digital currency "as soon as possible"

China's central bank on Wednesday announced that it will try to issue digital currency "as soon as possible.

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AIIB catfish in global financial governance system

Fishermen usually put catfish with sardines, because the appearance of catfish that love swimming will increase the level of activity among sardines and will keep them alive.

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JD.com's finance arm gets 1 bln USD in financing

​Chinese online retailer JD.com said on Saturday that its financial arm will get 6.65 billion yuan (around 1 billion U.S. dollars) in funding from a group of investors.

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China vows to boost rural industries

​China will speed up integrative development of primary, secondary and tertiary industries in rural regions to increase farmer income and modernize agriculture, according to a central government guideline.

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Test shows Chinese kids' financial maturity

They are probably still working on mastering basic math or simple English sentences, but primary school children in China's top-tier cities have shown surprising financial maturity.

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Premier urges stronger reform in financial service in Shanghai FTZ

Chinese Premier Li Keqiang has urged financial service institutions in the Shanghai Free Trade Zone (FTZ) to carry out stronger financial reforms and opening up.

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G20 Summit Should Focus on "Governance Deficit"

So far, Chinese leaders have attended all the previous G20 summits, through which China supports international financial sectors to increase their fund-raising capability, to intensify their assistance to developing countries affected by the world financial crisis.

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Housing, dairy prices weak links in New Zealand financial stability

​New Zealand's financial stability is facing growing risks from the global downturn in dairy prices and soaring house prices in the biggest city of Auckland, the central bank warned on Wednesday.

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Agricultural Bank of China lists first green bond on London Stock Exchange

​Agricultural Bank of China (ABC) green bond was listed on the London Stock Exchange (LSE) Thursday.

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Clinton to detail sweeping plan to rein in Wall Street

US Democratic presidential candidate Hillary Clinton on Thursday will unveil a sweeping plan to curb what she has said are the abuses of Wall Street, proposing everything from raising the fines that can be levied by regulators to requiring executives to bear some of those costs.

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Guangxi pilots new model to better promote RMB internationalization

With closer China-ASEAN economic cooperation, Guangxi Zhuang Autonomous Region, the gate of China to the ASEAN countries and a border pilot zone for comprehensive financial reforms, has been in full swing to promote the cross-border use of Renminbi (RMB), and usher in a model for better advancing overall RMB internationalization and capital flow for China's "Belt and Road" initiative.

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Fed's decision will lead to more int'l volatility: Mexican economist

The decision taken by the U.S. Federal Reserve not to modify its interest rates will lead to protracted volatility on international financial markets, said the head of the Mexican Stock Exchange on Friday.

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China mulls circuit breaker to curb wild swings in stock market

Chinese financial regulators are ready to go a step further in their battle against major swings in the stock market by introducing a circuit breaker for a key index of large-cap stocks listed in the Shanghai and Shenzhen exchanges.