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Alibaba in price abuse row
E-commerce giant fined for Single’s Day promotions in 2013 and ’14
G20 warns of volatility risk
Policy settings should be carefully calibrated and clearly communicated to minimise negative spillovers."
$13.6b loss hits GE
While volatility remains, there are opportunities for growth.
India’s statisticians keep facing questions on GDP
“The day starts with a question and ends with a question.”
China says AIIB won’t be used for $46b Pakistan deal
Chinese Assistant Foreign Minister Liu Jianchao said the project would be good for Pakistan’s economic development, but would not be drawn on financing details.
WB, ADB urged to join AIIB in syndicated loans
Washington and Tokyo are leading members of the World Bank and ADB, respectively.
Emerging countries blast US for not backing IMF reform
G-24 endorses ‘Plan B’ to split the two facets of the 2010 reforms.
International Monetary Fund warns on currency
Lagarde strongly rebuffs talk of Greece obtaining a delay on its debt payments
Japan bumps China as top holder of US Treasury debt
The Japanese central bank, meanwhile, is engaged in an aggressive effort to boost the country’s money supply to bolster the economy and fight low inflation.
China FDI soars 11.3% in first quarter
Thursday’s data showed inbound FDI up 11.3 per cent to $34.88 billion for the first quarter.
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