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Baidu in spotlight over ad scandal

One of the largest sources of internet giant Baidu Inc's revenue has been put under threat as a government investigation looks into the company's search business after the death of a cancer-stricken college student.

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VAT reform -- a critical step in China's supply-side reform

​The myth about China's slower growth has often clouded people's judgment about the quality of its economy, as we all tend to believe faster is better, and an economy losing steam means it is on the brink of collapse.

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Anti-corruption campaign boosts market confidence

Anti-graft campaign is a focus of the ongoing Two Sessions -- the annual plenary meetings of national lawmakers and political advisors in Beijing.

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Three shot at Australian industrial site in Sydney

​A man was killed and two others were injured and taken to a hospital following a shooting at a signage business in Sydney's outskirts, Australian police said on Monday.

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China sets deadline for VAT reform

​Chinese finance minister said on Monday that business tax in all industries will be replaced by value-added tax (VAT) before May, a concrete step in deepening fiscal and taxation reform.

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Three shot at Australian industrial site in Sydney

​A man was killed and two others were injured and taken to a hospital following a shooting at a signage business in Sydney's outskirts, Australian police said Monday.

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Tractor maker marks return of U.S. investment to Cuba amid trade embargo

Half a century since the U.S.-led trade embargo imposed against Cuba, a small U.S. tractor maker is preparing to become the first U.S.-owned company to operate in Cuba.

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Eurozone business investment rate down to 22.1 pct in Q3 2015

​The business investment rate in the 19-country Eurozone decreased to 22.1 percent in the third quarter of 2015, official data showed on Thursday.

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Australia's first "hangover clinic" promotes binge drinking: leading health group

​Australia's first "hangover clinic" was based on unfounded treatment methods and could lead to increased binge drinking, according to the country's leading health group.

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China squeeze reshapes Japanese electronics giants

​Iconic firms seek revival by foraying into a wide range of new business segments

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Yahoo reverses course on plan to spin off Alibaba stake

​Yahoo shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) on Wednesday.

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Palmer's business empire set to crumble after failing court action in Australia

The empire of Australian businessman turned politician Clive Palmer is set to tumble after a last ditch court action failed overnight which will potentially force his Queensland nickel mine into voluntary administration on Tuesday.

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SCMP receives preliminary offer from unnamed buyer

SCMP Group, which publishes the South China Morning Post, has confirmed that it has received a preliminary approach from an interested party regarding a possible purchase of the company’s media assets. This includes the newspaper, magazines and outdoor media, custom publishing and events businesses.

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Japan gov't says economy on moderate recovery path, lowers view on investment

​The Japanese government on Wednesday maintained its assessment of the current state of the economy as recovering moderately, but noted that business investment and exports are under pressure.

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Starboard asks Yahoo to sell core business instead of Alibaba stake

Activist investor Starboard Value LP asked Yahoo to drop plans to spin off its stake in Alibaba Group Holdings Ltd (BABA.N) due to tax concerns, and instead urged the company to sell its core search and display advertising businesses.

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Alibaba's Jack Ma in Manila: Trade can unite

Speaking in Manila before hundreds of the world top businessmen, Jack Ma, the founder and chairman of successful Internet giant Alibaba, discussed the growth of the company and emphasized the value of the Internet and trade in today’s business.