Dhaka / AFP More than 20,000 Rohingya have fled to Bangladesh in recent weeks to escape a bloody crackdown by the army in neighbouring Myanmar, humanitarian officials said on Tuesday. Bangladesh has stepped up patrols on the border to try to stem the tide of refugees since an eruption of unrest in Myanmar’s western state of Rakhine in early October. …

  How China manages its currency is likely to be the global economic story of 2017. Despite the government’s best efforts, capital continues to leave the country at a brisk pace, with a balance-of-payments deficit through the third quarter of $469 billion. Attempts to arrest this flow probably won’t work. But they may well create new risks. Capital outflows began …

  Last month’s Circles drama highlights the struggle Jack Ma’s empire faces in expanding its financial services business. To recap, Alibaba Group Holding Ltd. and its affiliate Zhejiang Ant Small & Micro Financial Services Group Co. added social features to Alipay’s smartphone app to help promote engagement. In theory, more engagement should lead to greater use of its marquee function, …