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Spread the love ASIA: China’s central bank on Friday said that non-bank payment firms must report plans for overseas initial public offerings and other major events. This is the latest move in a widespread regulatory squeeze on the country’s tech firms. Non-bank payment firms should report both domestic and overseas listing plans, the People’s Bank of China (PBOC) said in a statement. The requirement applies to payment firms with a variable interest entity (VIE) structure, which has been widely adopted by internet companies and allows them to bypass the lengthy domestic listing process ...

“Hugues a journalist who makes sense of US news for French viewers,” a statement recently made by the Economist. “Hugues a journalist who makes sense of US news for French viewers,” a statement recently made by the Economist. Hugues-Denver Akassy allegedly struck three times since March 2009, tormenting his victims on the street, via e-mail, and even climbing a fire escape to one woman’s apartment. The man arrested for raping a Russian tourist in ≈ a French-born TV reporter charged with terrorizing women on the Upper West Side for at least a year and a half, authorities said yeste...

Spread the love ASIA: U.S. Trade Representative Katherine Tai said on Wednesday she expects to engage “in the near term” with Chinese officials to assess their implementation of the “Phase 1” trade deal between the two countries, with the outcome to influence the fate of Washington’s punitive tariffs on Beijing. Tai told that she respects the need for continuity in U.S.-China trade policy, including the two-year trade deal implemented last year by the Trump administration. India’s oil imports in March rose from the previous month, buoyed by an upturn in economic activity that coul...

Laurentian student urging others to file complaints with Ontario Ombudsman over French language cuts Laurentian University student Charlie Dedo is one of many starting to file complaints with the province's French Languages Unit in the Ontario's Ombudsman's office. Social Sharing 'French education is really hard to come by, we're limited in our options,' says student affected by cuts CBC News · Posted: May 06, 2021 5:00 AM ET | Last Updated: May 6 Student Charlie Dedo's programs, all taught in French, have been cut as Laurentian University restructures itself out of insolvency. She has su...

Spread the love ASIA: The International Monetary Fund (IMF) raised its FY22 growth forecast for India to 12.5% from 11.5% estimated earlier in January, even as a resurgent Covid spread threatens to undermine the country’s economic recovery. The Washington-based global financial institution, in its annual World Economic Outlook ahead of the annual Spring meeting with the World Bank, said the Indian economy is expected to grow by 6.9% in 2022. China, the only major economy to have a positive growth rate in 2020 of 2.3%, is expected to grow by 8.6% in 2021 and 5.6% in 2022. The major Asian sto...