China Sends Message to Asia's Casinos: Place Your Bets Elsewhere

China Sends Message to Asia's Casinos: Place Your Bets Elsewhere

China just sent a clear message to casinos sprouting across Asia: don't peddle your baccarat here. A Shanghai court on Monday convicted 19 Crown
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Balance of Power: Why Obamacare Might Survive

… challenge to defense systems, even if they don't carry nuclear warheads, defense intelligence agencies said in a report seen by Bloomberg News in
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May's Tories Seal Governing Deal with Northern Ireland's DUP

Prime Minister Theresa May kept her grip on power by reaching a deal with Northern Ireland's Democratic Unionist Party, which will support her
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Time Inc, Barclays to Launch Fortune 500 Stock Indices

NEW YORK — Time Inc said Monday it will license its Fortune brand for stock indexes based on the Fortune 500 in a new partnership with Barclays
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Landbay to launch service to help landlords

The service hopes to help landlords navigate and evolve within an ever-changing tax and regulatory landscape and will carry a fixed annual fee of
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RAIT Financial Trust: RAIT Financial Trust Closes its Seventh Non-Recourse, Floating-Rate CMBS …

RAIT Financial Trust: RAIT Financial Trust Closes its Seventh … consist of twenty-two floating-rate commercial real estate first lien mortgage loans, one
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Santander launches video mortgage application service

Santander is the latest UK mortgage supplier to offer potential customers the opportunity to talk to an adviser via video link. After a successful trial of
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Pandora Media's Founder and CEO Is Reportedly Stepping Down

Music streaming service Pandora Media's founder and chief executive, Tim Westergren, plans to step down, Recode reported citing people familiar
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Padoan Confident Veneto, Paschi Last Lenders Needing State Aid

No other Italian banks will need state aid after the government orchestrated a last-minute rescue of two failed Veneto lenders over the weekend,
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New lending rises in May, boosted by loans to large corporates

New lending last month was 0.43 per cent higher than the April level, and some 1.67 per cent more than in the same period last year, according to a
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Durango Provides Update on its Mayner's Fortune Project in Northern BC

Marcy Kiesman, CEO of Durango said, “Durango is looking forward to conducting further work on the Mayner's Fortune property as the encouraging
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Bonus Cap Could Cost Dutch Brexit Banking Business, Employer Group Says

AMSTERDAM — A limit on bankers' bonuses is putting the Netherlands at risk of missing out on luring financial services firms over from London once
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FTSE 100 banking stocks make gains after two Italian banks are bailed out

After making gains overnight and during the morning, the pound is now down against the dollar. The internationally-focused FTSE 100 has been
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Hedge Fund Excalibur Bets Riksbank Will Tighten by End of Year

According to a Bloomberg survey, Scandinavia's largest economy will grow 2.6 percent in 2017, with only New Zealand predicted to grow at a faster
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German Ifo Business Confidence Surges to Record High in June

German business sentiment surged to a record high in June amid signs that the outlook for Europe's largest economy is improving. The Munich-based
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Credit risk management is much more than lending policies.

Today's world of risk management has evolved to something of a much more 'systems approach' than in the past. The global financial crisis has made
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HM Treasury cranks up enforcement efforts against criminals and terrorists

This includes the Criminal Finances Act, which will give law enforcement further capabilities and powers to recover the proceeds of crime, tackle
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Hong Kong's disillusioned youth feel they're worse off 20 years after the handover

Much of the anger felt by Hong Kong's youth centers around real estate. Renting a home—let alone buying a property—is out of reach for most young
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Deutsche Bank appoints new Russia head

Deutsche Bank has appointed Borislav Ivanov to head up its troubled Russia operations amid continued fallout over allegedly illicit operations carried
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How only Prince Harry can save the British property market

“From the findings it is clear that the public's fascination with the royal family is a positive thing for the housing market, especially when it comes to
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