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Posted on March 14, 2024

India’s Paytm banking unit to cut about 20% of staff as business halt looms, sources say

Indian digital payments firm Paytm plans to cut close to 20% of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, ...

Posted on March 14, 2024

Exclusive: Indian banks halt silver imports as duty differential spurs private trade

MUMBAI, March 14 (Reuters) - India's banks have stopped silver imports after private traders bought large volumes of the precious metal from the United Arab Emirates to benefit from a lower duty, a ...

Posted on March 14, 2024

China to conduct on-site inspection over market entities, amid measures to optimize business environment

China's State Council, the country's cabinet, announced that it will conduct on-site inspections over market entities nationwide starting from April, as part of moves to continue optimizing the ...

Posted on March 14, 2024

China’s economy is slowing. But its old-age market is booming.

Products from anti-aging cosmetics and procedures to elder-care facilities are growth areas as China’s demographics go gray.

Posted on March 14, 2024

The U.S. wants ByteDance to sell TikTok. China is almost certainly going to refuse

The House on Wednesday approved a bill that requires ByteDance to divest TikTok within roughly six months in order for the app "to remain available in the United States." However, China would likely ...

Posted on March 14, 2024

China probes exposure of HK units of banks, insurers to local government debt, sources say

China's financial sector regulator is looking into the exposure of the Hong Kong units of domestic banks and insurers to the country's local government debt, three sources with knowledge of the matter ...

Posted on March 14, 2024

Media harassment after China restaurant blast sparks protest, public criticism

The association overseeing Chinese journalists issued a rare statement of protest after reporters were blocked by local residents and security guards while trying to report on the aftermath of a blast ...

Posted on March 14, 2024

UAE announces government revenues of over $42bn

The UAE Ministry of Finance (MoF) has published the preliminary results of the UAE Government Finance Statistics Report for the fourth quarter of 2023, unveiling that the government’s revenues ...

Posted on March 14, 2024

Ministry of Finance publishes preliminary results of UAE Government Finance Statistics for Q4 2023

Abu Dhabi, UAE – The UAE Ministry of Finance today published the preliminary results of the UAE Government Finance Statistics Report for the fourth quarter of 2023, unveiling that the government’s ...

Posted on March 14, 2024

Ministry of Finance publishes preliminary results of UAE Government Finance Statistics for Q4 2023

Abu Dhabi, UAE – The UAE Ministry of Finance today published the preliminary results of the UAE Government Finance Statistics Report for the fourth quarter of 2023, unveiling that the government’s ...

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