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Apple Pay gets crushed in China’s mobile-payments market

  Bloomberg Dong Ximiao was buying a meal at KFC in Hangzhou on a recent Sunday and pulled out his phone to pay, like everyone does in China, when the cashier asked: “Alipay or WeChat Pay?” The problem was, Dong wanted to use Apple Pay for the 36 yuan ($5.20) bill, but the cashier told him she had never handled ...

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Curry turning sour!

  BOSTON / AP Mohammed-Faizul Haque makes it all look so easy. To a pan full of sizzling chicken he adds a ladle of orangey base sauce and then lemon, sending flames shooting up. He reaches to a line of vessels for pinches of cumin, coriander, salt, chili and garlic, the feel of the ingredients between his fingers as his ...

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UAE margin trading finance hits all-time high of AED31 billion

  ABU DHABI / WAM The value of margin trading finance on Abu Dhabi and Dubai Security Exchange Markets hit AED31 billion in January and February 2017, an all-time-high since the inception of margin trading in 2008. The growth in the service’s financial value during the two months account for 37.3% of the total facilitations provided by licensed brokerage companies ...

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