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China's new tax cut at 340 bln yuan in Q...
China's continued efforts to reduce taxes have benefited more businesses and individuals, an official said. New tax cuts saved 341.1 billion yuan (around 50 billion U.S. dollars) for tax payers in th
China to release guidelines on steel ind...
China will soon release guidelines to push mergers and restructuring plans for the steel industry to facilitate the creation of larger and stronger groups that can compete in the global market, accor
China's industrial growth beats expectat...
China's industrial sector is picking up growth in the first quarter. The country'sMinistry of Industry and Information Technology (MIIT)said the number has exceeded expectations. Industrial added val
UK employers fear Brexit hit to economy,...
British employers are most worried about the economy since the 2016 Brexit referendum, but they also plan to hire extra staff, according to a survey that showed the surprising strength of the job mar
China Unicom to launch 5G trial network ...
China Unicom will put in place uninterrupted 5G network coverage in major cities, according to its network deployment plan released Tuesday. The 5G network will cover Beijing, Shanghai, Guangzhou, Sh
IMF: Sri Lanka market pressures seem con...
The International Monetary Fund (IMF) said on Tuesday that initial financial market pressures on Sri Lanka appear contained following "horrific" Easter Sunday bomb attacks but decisive policy and sec
Snap restarts user growth with original ...
Snap Inc's original shows and rebuilt Android app helped it add Snapchat users for the first time in three quarters and top analyst revenue forecasts, but that was not enough to push its shares much
SoftBank Group looks to buy 5 pct of pay...
Japan's SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter. SoftBank has engaged