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Britain's Co-op Bank says nears rescue deal with investor group

Britain'sCo-operativeBank(42RQ.L)saidonMondayitwasclosetoagreeingafinancialrescuepackagewithleadinginvestorsthatwouldshoreupitscapitalbaseandendmonthsofuncertai

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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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3 kinds of firms partner with Shanghai Disney Resort

After six-year preparation and construction, Shanghai Disney Resort is scheduled to be inaugurated on June 16, allowing tourists from home and abroad to have a wonderful tour in Shanghai.

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Myanmar inaugurates new stock exchange

Myanmar inaugurated a new stock exchange on Wednesday with plans for six companies to start trading in March.

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Operating pressures to grow on listed Chinese banks

Listed Chinese banks will face rising operating pressures in the next one or two years due to slowing economic growth and narrowing profit margins amid monetary easing and relaxed interest rates, said a commentary by Moody's Investors Services on Monday.

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State-owned property developers to purchase blast-hit apartments in Tianjin

Five state-owned property developers in the northern Chinese port city of Tianjin announced on Tuesday they have formed an alliance to purchase apartments hit by the deadly warehouse blast on August 12 from willing residents.

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Taiwan tycoon faces 30 years for food scandal

Prosecutors in Taiwan's Changhua county on Thursday filed charges of fraud and breaches of food safety regulations against Wei Ying-chung.

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President of HK-listed China Resources Power investigated

The president of China Resources Power Holdings Co. is under investigation in East China's Jiangsu Province, the company said in a statement Tuesday.

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Amazon's Bezos to buy Washington Post for USD 250 million

The Washington Post Co. announced on Monday that it has agreed to sell its flagship newspaper to Jeff Bezos,founder and chief executive of Amazon.com, ending the Graham family's control of one of the leading news organizations in the United States after four generations.

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Japan's nuclear authority sets new safety requirements for reactors

Japan's Nuclear Regulation Authority officially decided Wednesday on the country's new safety requirements for nuclear reactors in an effort to prevent recurrences of disasters that happened at the Fukushima Daiichi plant in 2011.

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Feathers fly as H7N9 hits China's down industry

The H7N9 bird flu epidemic, which has inflicted huge losses on China's poultry industry, is also hitting the country's down products manufacturers, as the output of raw down feathers plunged following the massive culling of birds and poultry.