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Posted on June 24, 2020

E-Tailers in India to Consider Listing of ‘Country of Origin’ Label on Products

NEW DELHI (Reuters) – E-commerce players in India such as Amazon’s local unit and Walmart’s Flipkart will consider asking sellers on their platforms to list the country of origin on products, three …

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Posted on June 24, 2020

China’s Great Wall of Finance Shows First Signs of a Crack – in Hong Kong

A day before Beijing passed a decision paving the way for its national security law for Hong Kong, the global index provider MSCI decided to relocate its financial derivative products from Singapore …

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Posted on June 24, 2020

Pompeo says China’s Africa lending creates unsustainable debt burdens

U.S. Secretary of State Mike Pompeo on Wednesday blasted China’s policy on lending to African countries, reiterating Washington’s charges that it creates unsustainable debt burdens. China’s President …

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Posted on June 24, 2020

China’s debt relief to support some stressed emerging markets: Fitch

China’s pledge to relieve the debt burden owed to it by some emerging market governments could ease near-term liquidity pressures in nations struggling with the fallout from the coronavirus pandemic, …

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Posted on June 24, 2020

U.S. Should Sanction Chinese Banks For Repression In China

China needs access to the dollar’s international plumbing system to finance its Belt and Road initiative. More than 70% of its international trade and a substantial portion of China’s incoming …

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Posted on June 24, 2020

Indian startups face a new normal amid China conflict

TOKYO — The dramatic rise in anti-China sentiment among the Indian public and leaders triggered by a border clash between two countries looks set to rewrite the financial playbook for Indian …

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Posted on June 24, 2020

NGOs urge EIB not to finance motorways and airports

A group of 34 NGOs say the new strategy from the European Investment Bank (EIB), which details steps to for its Climate Roadmap, falls short of aligning operations with a 1.5 degree global-warming …

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Posted on June 24, 2020

EU to deliver ‘strong rules’ for cryptocurrencies

EU commissioner for the economy Valdis Dombrovskis said on Tuesday “strong regulation and supervision are key to preserving trust in finance, whether for traditional or new players,” while addressing …

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Posted on June 24, 2020

Commercial Bank Dubai and Thunes partner to offer real-time international remittances

Commercial Bank of Dubai, one of the leading national banks in the UAE, and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction …

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Posted on June 24, 2020

Companies that engage in relevant activity must submit a notification of Economic Substance Regulations to UAE Regulatory Authority

UAE’s commitment to international standards for tax transparency, fair taxes and full compliance with tax policies …

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