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More countries say to join China-backed AIIB investment bank
Russia, Australia and the Netherlands on Saturday became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank (AIIB), adding clout to an institution seen as enhancing China's regional and global influence.
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China to let mutual funds buy Hong Kong shares via 'connector': regulator
China's securities regulator said on Friday it would let mainland mutual funds invest in Hong Kong shares via the Shanghai-Hong Kong Stock Connect.
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Neither Grexit, nor Grexident. Euro and 'drachma' in parallel?
Greece is unlikely to exit the euro, either intentionally or accidentally. But it might be forced to introduce an alternative means of payment, in parallel to the euro, to pay some domestic bills if a reform-for-cash deal with its creditors is not secured soon, several euro zone officials said.
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Risk-shy banks and companies keep euro zone credit on tight leash
The euro zone credit cycle is a whisker away from turning positive but don’t expect a rapid recovery.
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EU imposes anti-dumping duties on stainless steel from China and Taiwan
The European Union will impose anti-dumping duties from Thursday on imports of cold-rolled flat stainless steel from China and Taiwan, according to a notice on Wednesday in the EU's Official Journal.
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Turkey's first nuclear plant delayed, 'not ready before 2022'
Turkey's first nuclear power plant is unlikely to be ready before 2022, energy officials said on Monday of the $20-billion project that has been beset by regulatory hurdles and complicated by Russia's financial woes.
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Spain says no cash for Greece until reforms implemented
The euro zone will not make any cash payment to Greece until it has passed and implemented all the reforms Athens agreed on in February, Spain's Economy Minister Luis de Guindos told the Financial Times on Sunday.
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Turkey's first nuclear plant delayed, 'not ready before 2022'
Turkey's first nuclear power plant is unlikely to be ready before 2022, energy officials said on Monday of the $20-billion project that has been beset by regulatory hurdles and complicated by Russia's financial woes.
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