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Aireen joins Tune Protect board as Fernandes exits

KUALA LUMPUR: Tan Sri Tony Fernandes has stepped down as Tune Protect Group Bhd’s non-executive director due to the reorganisation of the AirAsia Group leadership team while Aireen Omar has been named non-executive director.

China moves away from hard lending targets

Beijing: China is stepping away from setting sharp growth targets for lending to small businesses after meeting a goal that had weighed on the shares of its biggest banks.