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Mainland, Hong Kong, Japan could be among Asia's biggest winners from Brexit

The UK's vote to leave the European Union could throw up some winners in Asia, Bloomberg analysts said.

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Saudi Arabia, Russia pledge oil cooperation without agreeing to production freeze

The world’s top two crude-oil producers pledged to cooperate to stabilise global markets, while failing to announce any specific measures to bolster prices.

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Brazil drought blights coffee farms, prices seen spiking

The beans used to make the caffeinated delight are suffering through a terrible drought in Brazil.

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Room glut hobbles Singapore hotels despite tourist influx

An influx of tourists to Singapore this year has brought little joy to the city’s hoteliers, as a glut of rooms sends a key revenue measure to a six-year low.

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Chinese insurance giant Anbang invites pitches from banks for possible Hong Kong IPO

Firms that can’t make enough to pay their staff, cover their expenses, and add a bit of profit for a rainy day, shouldn’t be in business.

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Chinese tourists set another record in changing shopping in Japan

The spending power of Chinese tourists in Japan is so impressive there’s a special word for it: bakugai, or explosive buying.

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Williams calls for rethink of way US Fed operates

Williams used to be top adviser to now Fed chair Janet Yellen

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WeChat coming soon on flights

Millions of fliers in China may soon see their wish come true: Authorities are considering lifting restrictions on the use of mobile phones on planes, paving the way for wider in-flight connectivity that is now available only in developed markets.

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British PM Theresa May writes to China expressing desire to enhance trade

British Prime Minister Theresa May has written to Chinese President Xi Jinping and Premier Li Keqiang to express her desire to enhance trade and strategic ties, her nation's new Asia envoy said.

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Indonesia to destroy 71 impounded foreign boats ahead of Independence Day celebrations

Indonesia will cap its Independence Day celebrations on Wednesday (Aug 17) by scuttling as many as 71 impounded foreign vessels - mostly Vietnamese but also a handful of Chinese - to signal its determination to protect its sovereignty over lucrative fishing grounds in the South China Sea.

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Singapore revises down GDP forecast

Singapore cut the top end of its 2016 growth forecast after the economy expanded less than previously estimated in the second quarter, underscoring a weakening global environment. The benchmark stock index fell.

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DBS's ability to manage bad loans questioned in JP Morgan report

DBS Group Holdings' ability to handle nonperforming loans was questioned by analysts at JPMorgan Chase after the Singaporean bank revealed potential losses from its S$700-million exposure to a troubled oil- services firm.

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Uber to merge China business with Didi

Uber Technologies Inc will merge its China business with Didi Chuxing, the dominant ride-hailing service in the country, according to people familiar with the matter.

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Uber Backers Said to Push for Didi Truce in Costly China War

Uber Technologies Inc. investors have a message for management: It’s time to wrap up the costly fight in China.

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China said to create new office to lure foreign talent

China is setting up its first immigration office, according to people with knowledge of the plans, as President Xi Jinping seeks overseas talent to help drive the transition of an economy led by consumer spending and innovation.

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The world’s most powerful stock pickers don’t manage a penny

​MSCI Inc. isn’t usually a name that springs to mind when one thinks of the most powerful players in the global equity market.

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Asian Casino operator pays price for U.K. voters’ Brexit Gamble

​Genting Malaysia Bhd., among the Asian companies most exposed to the U.K., is finding some investors aren’t prepared to take a chance on its foray into the country’s gaming market after the surprise vote to leave the European Union.