Banking
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Vijay Mallya: Rise and Fall
When Vijay Mallya took over the United Breweries Group in 1983, he was 28. His father, Vittal Mallya,…
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High debt and rapid ageing increase Thailand’s Japanification risk
BANGKOK, September 2 — Thailand is staring down the risk of “Japanification”—a prolonged trap of low inflation and…
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Singapore Bank Stocks Hit by Credit Suisse Crisis
Singapore bank stocks fell sharply at market open on March 17, 2023, as investors feared the crisis at…
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China Destroys Banknotes From Hospitals, Markets and Buses in Virus-Hit Areas
On February 17, 2020, the People’s Bank of China confirmed that it will destroy all banknotes that have…
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Hong Kong Banks Run Newspaper Ads Urging End to Violence and Return to Order
On August 22, 2019, three major Hong Kong banks, HSBC, Standard Chartered, and Bank of East Asia, placed…
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HSBC and Standard Chartered Say Hong Kong Business Is Holding Up Despite Protests
On August 22, 2019, three major Hong Kong banks, HSBC, Standard Chartered, and Bank of East Asia, placed…
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