The FINANCIAL — IFC, a member of the World Bank Group, has signed a new partnership with the Hong Kong Monetary Authority (HKMA) to encourage commercial banks in Asia to adopt strategies and targets to become greener. The signing of the agreement
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The FINANCIAL — Hong Kong, China has requested WTO dispute consultations with the United States concerning marks of origin requirements imposed by the US on goods produced in Hong Kong, China. The request was circulated to WTO members on 3 November. Hong
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The FINANCIAL — Shenzhen Stock Exchange (SZSE) and China Resources (Holdings) Co., Ltd. (CR) signed a strategic cooperation framework agreement. The two parties had in-depth discussions on the capital market’s support for the reforms of state-owned assets and state-owned enterprises, accelerating the
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The FINANCIAL — Global stock markets were mixed Monday after the fact that Wall Street turned in its biggest weekly decline in more than two months. London and Frankfurt opened higher. U.S. futures were lower. Benchmarks in Shanghai, Tokyo and Hong Kong retreated
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The FINANACIAL — There are signs that some of the world’s top economies could slump as coronavirus outbreak compounds pre-existing weaknesses. Japan’s economy shrank at an annual pace of 6.3% last quarter. The closely-watched ZEW Indicator of Economic Sentiment in Germany decreased
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