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Economy asian news

MUNIR AHMED - Muhammad Aurangzeb - Pakistan and IMF reach preliminary deal to release $1.1 billion from bailout fund, IMF says - apnews.com - Pakistan -  Islamabad

Pakistan and IMF reach preliminary deal to release $1.1 billion from bailout fund, IMF says

ISLAMABAD (AP) — Pakistan and the International Monetary Fund reached a preliminary agreement for the release of $1.1 billion from a $3 billion bailout following dayslong talks in Islamabad, the IMF said Wednesday.

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Xi Jinping - David Pierson - In Hong Kong, China’s Grip Can Feel Like ‘Death by a Thousand Cuts’ - nytimes.com - China - Usa -  Beijing - Hong Kong -  Hong Kong

In Hong Kong, China’s Grip Can Feel Like ‘Death by a Thousand Cuts’

Once one of Asia’s most high-flying cities, Hong Kong is now grappling with a deep pessimism.

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Hui Ka Yan - Wu Qing - China’s stock watchdog fines property developer Evergrande, slaps lifetime ban on its chairman - apnews.com - China -  Beijing - Hong Kong -  Shanghai -  Bangkok

China’s stock watchdog fines property developer Evergrande, slaps lifetime ban on its chairman

BANGKOK (AP) — Troubled property developer China Evergrande Group says Beijing’s stock watchdog has fined it 4.2 billion yuan ($333.4 million) for allegedly falsifying its revenue, among other violations, as it conducts a deep clean of the troubled financial sector.

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KEN MORITSUGU - Doing business in China is growing tougher, more uncertain, European business group says - apnews.com - China - Usa -  Beijing - Washington - Eu

Doing business in China is growing tougher, more uncertain, European business group says

BEIJING (AP) — Uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China, a report by a European business group said Wednesday.

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Nikkei staff writers - Yen, wages and politics forced BOJ's hand on March rate hike - asia.nikkei.com - Japan -  Tokyo

Yen, wages and politics forced BOJ's hand on March rate hike

TOKYO -- Japan's scandal-mired politics, the persistently weak yen and robust wage hikes offered by Japanese companies all played a part in the Bank of Japan's decision on Tuesday to raise interest rates for the first time in 17 years.

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Fed could cut rates fewer times than expected as economy keeps growing, according to CNBC survey - cnbc.com - county Wells

Fed could cut rates fewer times than expected as economy keeps growing, according to CNBC survey

Forecasters in the CNBC Fed Survey are increasingly confident that the U.S. economy will avoid a recession and pull off a soft landing, and unlike past surveys, don't even see growth slowing much below potential in the next couple of years.

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MITSURU OBE - Nikkei staff writer - BOJ ends negative rates, leaves questions over policy direction - asia.nikkei.com - Japan -  Tokyo - Ukraine

BOJ ends negative rates, leaves questions over policy direction

TOKYO -- The Bank of Japan on Tuesday conducted a sweeping policy overhaul, scrapping its negative interest rate policy as it bets that Asia's second-largest economy is now emerging from a protracted period of disinflation.

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Asia Financial Forum leading financial cooperation in the region - cgtn.com -  Beijing

Asia Financial Forum leading financial cooperation in the region

Editor's note: Liu Chunsheng, a special commentator on current affairs for CGTN, is an associate professor at the Central University of Finance and Economics in Beijing. The article reflects the author's opinions and not necessarily the views of CGTN.

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