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SHANGHAI: Chinese lenders paid the highest interest rate in more than two years to borrow short-term government funds, adding to recent signs of a mismatch between the demand and supply of cash.
BEIJING: The yuan’s rebound may be undermined by a seasonal hunt for dollars as Chinese companies prepare to pay dividends to shareholders overseas.
DAVOS: The chairman of the Eurogroup of euro zone finance ministers said he hopes this year's asset quality review and stress tests of European banks will reveal some bad news to give the process credibility.
TOKYO (Reuters) - Japan picked Lockheed Martin's F-35 jet as its next mainstay fighter on Tuesday, choosing the aircraft over combat-proven but less stealthy rivals, as concern simmers over North Korea and as China introduces its own stealth fighters.
PETALING JAYA: The new Companies Bill, which will replace the existing Companies Act 1965, aims to ease and cheapen the cost of doing business in Malaysia, but will give strong emphasis on corporate governance.