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Samsung Electronics to strengthen controls for donations amid political scandal

Tech giant Samsung Electronics Co Ltd said on Friday it will strengthen controls for financial support made to third-parties, after its vice chairman was arrested in a graft scandal that could topple South Korea's president.

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Alibaba considers European logistics center in Bulgaria: government

Chinese e-commerce group Alibaba is considering setting up a European logistics center in Bulgaria, the Bulgarian government and Xinhua said on Wednesday.

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Hackers target ATMs across Europe as cyber threat grows

Cyber criminals have remotely attacked cash machines in more than a dozen countries across Europe this year, using malicious software that forces machines to spit out cash, according to Russian cyber security firm Group IB.

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S.K.: Parties agree to summon heads of top 8 conglomerates for parliamentary probe

​The ruling and opposition parties agreed Monday to summon the leaders of the nation's eight largest conglomerates, including Samsung Electronics Co. and Hyundai Motor Group, as witnesses for their parliamentary probe into a corruption scandal involving President Park Geun-hye's confidante.

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Turmoil erupts in Tata as India's biggest group removes chairman

Tata Group abruptly ousted its chairman of almost four years in a rare display of discord atop India’s biggest conglomerate, casting the spectre of a leadership vacuum at the US$100 billion coffee-to-steel business empire.

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China's HNA Group buys Hilton stake from Blackstone

China’s HNA Group, controlled by billionaire Chen Feng, is acquiring about 25 per cent of Hilton Worldwide Holdings from Blackstone Group in a deal valued at about US$6.5 billion.

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South Korea prosecutors indict Lotte chairman, 21 others

​The announcement marks the end of an investigation during which billion-dollar deals involving Lotte collapsed

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CSGC mixed ownership reform speeds up

Along with military promotion strategy and comprehensively deep reform, a new round of reform in the military industry field starts.

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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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Africa can attain zero new HIV infections by 2030: Zambian minister

A senior Zambian official said on Friday that it was possible for Africa to achieve zero new HIV infections by 2030 as well as zero AIDS death.

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Three E. China officials under investigation

Prosecutors in east China's Shandong Province have began investigating three officials for corruption, according to the Supreme People's Procuratorate (SPP) on Thursday.

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Russia prefers G20 to G8: Kremlin

​Russia believes the Group of Twenty (G20), composed of major advanced and emerging economies, is more influential than the Group of Eight (G8) which involves world leading industrial nations, the Kremlin said Monday.

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Contact group on Ukraine reaches ceasefire agreement for Easter holidays

The Trilateral Contact Group on Ukraine on Friday reached an agreement in Minsk, the capital of Belarus, to observe a ceasefire in Donbas, eastern Ukraine, as soon as the Easter and the May holidays begin.

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Robin Hu still helms SCMP media business

Singaporean Robin Hu remains at the helm of the media company to which the South China Morning Post (SCMP) belongs, under a new owner and with a new name.

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Aussie media lifts lid on oil industry corruption

Australian media has lifted the lid on allegations of corruption in the oil industry dating back decades, implicating global companies, officials and ministers, likely renewing investigations that had stalled.

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Australia's Bitcoin Group set for February ASX listing

After months of delays, Australian bitcoin company Bitcoin Group will finally make its share market debut in February.

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China billionaire Guo Guangchang unreachable, Caixin reports

The billionaire chairman of Chinese conglomerate Fosun Group has become unreachable, Caixin magazine reported on its website, citing people it didn’t identify.