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Tuesday, May 22, 2018
A British money transfer firm has become the first foreign company to apply for a payments business license in China, in a sign of the further opening up of a 27 trillion US dollar industry. World First, set up in...
The transnational pipeline, which aims to deliver gas to Turkey and Europe, is on track to be completed in 2019 despite the hurdles it faced in past. The world's largest offshore construction vessel, the Pioneering Spirit, owned by Swiss company...
Being a pilot could be the most difficult job to quit in China, according to a white paper published by a court in Chengdu, capital of southwest China's Sichuan Province. The court, after reviewing and summarizing all its cases over...
China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which it eased some restrictions and launched an application process for more foreign ownership. The consultation period for the new rules that began in...
China will waive import tariffs on all imported common drugs, including anti-cancer drugs from May 1. An official statement released Monday listed 28 imported drugs to be exempted. They include those essential to the treatment of breast cancer and leukemia....
Switzerland said it has returned all the money kept in the country by late Nigeria’s head of state General Sani Abacha, with $1.5 million interest. Ambassador Pio Wennubst, assistant director-general and head, Global Cooperation Department, Swiss Agency for Development and...
Chinese President Xi Jinping on Tuesday visited Yichang in central China's Hubei Province. During his visit, Xi inspected the restoration work of the eco-environment along the Yangtze river and the development of the Yangtze River Economic Belt.
LONDON (Reuters) - Iran will start reporting foreign currency amounts in euros rather than U.S. dollars, state media said on Wednesday as part of the country’s effort to reduce its reliance on the U.S. currency due to political tension...
By Dr Shahid Qureshi:- In a historical financial move Turkey’s Central Bank has transferred its gold reserves stored in the US Federal Reserve System to Turkey, Turkish media reported April 19, citing sources in the government. The total volume of the...
LONDON (Reuters) - Britain’s opposition finance chief John McDonnell offered a new pact with the financial services industry on Thursday: higher taxes in return for a seat at the policymaking table if Labour wins the next election. McDonnell, a veteran...

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