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Posted on May 19, 2020

Alibaba fintech arm invests $73m in Myanmar’s Digital Money

Ant Financial Services Group, which is under the umbrella of Chinese e-commerce giant Alibaba Group Holding, will bring its Alipay technologies and business expertise to Myanmar, where the digital …

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Posted on May 18, 2020

China Market Update: Alibaba’s Hong Kong Listing to be Included In Hang Seng Index

Large EM benchmark weight and widely-held Taiwan Semiconductor (2330 TT) fell -2.68% on the news while South Korea’s Samsung +1.99% as the latest US noose-tightening hurts Huawei’s mobile phone …

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Posted on May 18, 2020

Cashmere Is Piling Up in Mongolia as the Pandemic Paralyzes Trade

For years, it seemed that cashmere production simply wouldn’t be able to keep up with exploding demand. The expansion of luxury groups and the fine knits purveyors nearly caused the supply chain to …

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Posted on May 18, 2020

Central Bank of Azerbaijan: Share of business loans increases in country

Rustamov noted that the share of business loans is increasing in Azerbaijan due to a decrease in consumer lending, which allows making positive forecasts against the backdrop of a decline in …

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Posted on May 18, 2020

Azerbaijan Tourism Board Launches Innovative Health and Safety Campaign to Further Strengthen Tourism Industry

BAKU, Azerbaijan, April 29 … Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post. SEE ALSO: Trump says the US is ‘looking at’ Chinese companies …

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Posted on May 18, 2020

Azerbaijan discloses data on hotel business for 1Q2020

The rapid spread of coronavirus infection in the world had a negative impact on the tourism sector in most countries from January through March 2020, which is also observed in Azerbaijan …

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Posted on May 18, 2020

Pentagon warns of potential ‘mass breakout’ of thousands of ISIS fighters in Syria

More than 10,000 ISIS fighters currently imprisoned in Syria by the U.S. military’s allies in the country are on the brink of a “mass breakout,” according to Defense Department’s top watchdog …

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Posted on May 18, 2020

State Department watchdog fired by Trump was investigating Pompeo’s decision to expedite an $8 billion arms sale to Saudi Arabia

Steve Linick was the fourth inspector general pushed out by Trump in roughly a month, in what House Speaker Nancy Pelosi called a “dangerous pattern.” …

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Posted on May 18, 2020

Saudi Arabia’s disaster capitalism comes to Hollywood

Saudi Arabia’s Prince of Shining Bonesaws has come to the rescue of some of America’s coronavirus-stricken industries. But at what cost? Saudi Arabia has bought a $500 million, or 5 percent, stake in …

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Posted on May 18, 2020

Wix Expands Global Reach Through Business Partnership with Türk Telekom

Wix.com Ltd. (Nasdaq: WIX) has expanded its global presence and announced a new business partnership with telecommunication and technology service provider, Türk Telekom. As a result of this …

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