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Posted on June 23, 2020

Exclusive: China’s Fosun seeks sale of $1.3 billion stake in Alibaba’s Cainiao – sources

Fosun International is in talks with Alibaba and others to sell a stake worth $1.3 billion in the e-commerce giant's Cainiao, three people said, at a time when Alibaba has been increasing ... ( read original story ...)

Posted on June 23, 2020

China says it has agreed with India to take steps to ease border tensions

Chinese foreign ministry spokesman Zhao Lijian also described recent media reports of 40 Chinese casualties in the conflict as "fake news". ( read original story ...)

Posted on June 23, 2020

Correction: Virus Outbreak-China-Trade Fair story

In a June 19,2020, article about the Canton Trade Fair, The Associated Press misstated the number of vendors at the fair ... ( read original story ...)

Posted on June 23, 2020

Alongside high-tech systems, these fish stop Iran hacking Israel’s water supply

After reports that Tehran tried to dangerously increase chlorine levels in Israel's civilian water system, overall control of defenses now being taken over by Cyber Directorate ... ( read original story ...)

Posted on June 23, 2020

Uzbek banks secure pre-privatisation loans from IFC, EBRD

Two Uzbek banks scheduled for privatisation have secured loans from international financial institutions, the parties said this week. ( read original story ...)

Posted on June 23, 2020

Korea’s Swiss Debt Gets Boost From Virus Success, UBS Says

Swiss bond connection looks here to stay.South Korea has over the years been one of the biggest overseas sources of corporate notes denominated in Swiss franc, as its issuers have found borrowing cost ... ( read original story ...)

Posted on June 23, 2020

Finance ministry again urges National Assembly to swiftly approve 3rd extra budget

SEJONG -- Vice Finance Minister An Il-whan on Tuesday urged the National Assembly to swiftly approve the third extra budget to help revive the virus-hit economy, saying the budget is desperately ... ( read original story ...)

Posted on June 23, 2020

N.Korea seen reinstalling border loudspeakers, defectors send leaflets

North Korea is reinstalling loudspeakers blaring propaganda across the border in its latest step away from inter-Korean peace agreements, prompting the South's military to explore similar moves, a ... ( read original story ...)

Posted on June 23, 2020

Japan sticks to budget surplus goal despite massive virus spending

Japan remains committed to reaching a budget surplus in fiscal 2025, Finance Minister Taro Aso said on Tuesday, even as the heavily indebted nation has been forced to ramp up spending to offset the ... ( read original story ...)

Posted on June 23, 2020

China’s answer to India crackdown: Dragon eyes Bangladesh, Nepal with better trade deals

However, Indian exporters feel it will be tough for Bangladesh to ramp up supplies to China and improve trade balance, given Beijing’s typical use of non-tariff barriers to scuttle tariff concessions ... ( read original story ...)

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