Eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies. The guardians of the global economy have two sets of issues to address. Firstly, what to do, if anything, with the emergence and growth of private
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Tencent Holdings Ltd.'s rise into a $500 billion company was fueled by a culture of internal competition, where teams raced against each other to make ideas work. To become an advertising powerhouse like Facebook Inc., the internal barriers are starting to come down. The seven main business units of
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Sales of local corporate notes this year are set for the lowest level since 2014, according to Bloomberg-compiled data. The average yield premium of three-year AAA corporate bonds over government notes has widened 31 basis points this month to 148 basis points, the biggest increase since March
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… 20,000 mainland Chinese who become permanent residents each year — allowing them to avoid the punitive stamp duties slapped on foreign buyers — let alone anyone else. The number of unsold apartments in the third quarter fell to the lowest levels since 2015, according to Bloomberg Intelligence.
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Perhaps only accountants care how civil servants get paid. After the Auditor General slammed the Phoenix payroll system this week, saying it will cost a half-billion dollars to fix it, Public Services Minister Carla Qualtrough said the government is open to other options. Qualtrough is earning plaudits from
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