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Resilient eurozone economy to keep recovery on track despite uncertainties: report


After showing resilience to global economic challenges last year, the 19-member eurozone's economic outlook is positive, with recovery expected to continue this year and next, the European Commission announced in a report on Monday.

Japan firm drops Mexico plant plan over Trump warnings


He decision by Nikkei 225-listed Nisshinbo Holdings marked the first time a Japanese company has publicly abandoned a Mexican facility in response to the new US president’s protectionist outbursts.

Republican plan would ease Wall Street rules, as party embraces deregulation


The Republican chairman of a key House of Representatives committee has laid out his plan to roll back Wall Street rules and consumer protections conceived after the 2008 financial crisis, a step that will largely define the financial deregulation debate in the Trump era.

Hong Kong government dismisses report ranking city 5th for fintech


Deloitte study places city three spots behind rival Singapore, but minister says results do not paint whole picture

Hong Kong, mainland shares slip as China’s forex reserves drop to nearly six-year low


Brokers had expected early rises as the Nasdaq closed at a record high after a 0.19 per cent rise to 5,674.22 overnight

China forex reserves below US$3t, at 6-yr low


China's foreign exchange reserves dropped in January to US$2.998 trillion, falling below the US$3 trillion level for the first time since early 2011 and showing that capital outflow pressure persists.

There Are More Girls Living in Poverty Today Than in 2007


There are more girls in the U.S. living in poverty and low-income households now than were ten years ago, according to a new report released exclusively

Credit conditions for most business lending unchanged in fourth quarter : Fed


Loan officers at U.S. banks reported largely unchanged lending standards and slightly looser terms for business loans in the last three months of 2016, the Federal Reserve reported on Monday in a quarterly survey.

Lok Ma Chau Loop can boost HK’s technology credentials


The government’s recent announcement to redevelop the Lok Ma Chau Loop – a piece of swamp land adjacent to the Shenzhen river – into a technology park has stoked a range of emotions among the city’s business community and wider public.

China and Philippines agree to cooperate on 30 projects worth US$3.7b


Agreement comes as part of a visit to Beijing by cabinet-level delegation from Manila