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MOFA: China to impose sanctions on U.S. officials over Hong Kong

China has decided to impose sanctions on U.S. officials who have acted viciously on issues related to Hong Kong, Foreign Ministry spokesperson Hua Chunying said on Thur

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U.S. removes visa reciprocity fees for Nigerians

FILE PHOTO: U.S. Secretary of State Mike Pompeo (R) and Foreign Minister of Nigeria Geoffrey Onyeama (L) during a past press conference. /Getty Images The United States lowered the fee paid by

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Facebook-backed cryptocurrency changes name in an effort to seek approval

It wants to set itself apart from other cryptocurrencies by focusing on things that concerned western governments and regulators.

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UAE imposes visa ban on 13 countries, including five from Africa

VCG Image The United Arab Emirates (UAE) has suspended the issuance of visas to citizens from 13 mostly Muslim countries, including five from Africa.The document was sent to companies operatin

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How Trump's policies cost him the Arab-American vote

01:51 From the so-called 'Muslim-ban' to his administration's visa restrictions, this is how some Arab-Americans feel Trump's first term led them to vote for Joe Biden and why some are

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Chinese shoppers spent $1.8 bln in Hainan duty-free stores in 4 months

Shoppers at the Sanya International Duty-Free Shopping Complex, Hainan, China, July 1, 2020. /CFP Thanks to the new policy and domestic travel recovery from the COVID-19 disruption, sales of d

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Upgrade adds rewards program to its credit card

Fintech startup Upgrade has been quite successful with its two flagship products —a low-cost credit card and personal loans. The company is making its credit card more attractive by adding rewards.Upg

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The DOJ is investigating Visa’s $5.3 billion bid for Plaid on antitrust grounds

It’s not just big tech that’s getting the antitrust treatment from the Department of Justice.Late Monday afternoon, the Department of Justice tipped its hand that it was investigating Visa

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Revolut launches its financial app in Japan

Fintech startup Revolut is expanding to Japan. After testing the service with 10,000 users, anybody can now sign up and open an account. The company originally obtained its authorization to operate fr

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Pentagon lists 11 Chinese firms in accusation of militarization

U.S. named another 11 Chinese firms, including construction giant China Communications Construction Company, as being owned or controlled by the Chinese military, the Pentagon said in a statement on

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U.S. adds 24 Chinese companies to its so-called Entity List

The United States has added 24 Chinese companies to the so-called Entity List on Wednesday for their role in China's construction in the South China Sea, according to a

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China urges U.S. to stop political suppression of Chinese media, journalists

China said on Tuesday that the United States should immediately stop the political suppression of the U.S.-based Chinese media and journalists. Foreign Ministry spokesp

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Visa reports 23% drop in quarterly profit hit by coronavirus

U.S. digital payment service provider Visa reported a 23-percent-drop in quarterly profit as consumer spending continued to be pressured by high unemployment due to lockdowns aimed at curbing the

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HKSAR gov't deplores Britain's interference in Hong Kong affairs

Aerial photo taken on July 16, 2020 shows the Victoria Harbour in Hong Kong, China. (Xinhua/Lui Siu Wai) Since Britain violates its pledge in the first place, the Chinese foreign ministry has announc

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What your company can learn from the Bank of England’s resilience proposal

The outages at RBS, TSB and Visa left millions of people unable to deposit their paychecks, pay their bills, acquire new loans and more. As a result, the House of Commons’ Treasury Select Commit

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Thailand to offer grace period for foreigners’ visa extensions

Thailand on Friday said it would give foreigners a grace period until September to apply for visa extensions as it eased restrictions amid the pandemic, a senior offici

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University of California poised to sue U.S. federal gov't over new visa policy for int'l students

The University of California (UC) has announced plans to file suit against the U.S. federal government over an order barring international students from staying in the