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Japan Inc. gets Brexit bargain on $23bn outstanding deals

  Tokyo / Bloomberg Japanese companies, which have embarked on a $210 billion global acquisition spree over the past three years, are getting a surprise bargain out of Brexit. The yen soared to the highest in more than two years, boosting local firms’ purchasing power for deals abroad and potentially saving them hundreds of millions of dollars on purchases they’ve ...

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China tightens internet rules

  Beijing / Bloomberg Chinese authorities will require Baidu Inc. and other search engines to report banned content and verify advertisers’ qualifications in its latest attempt at Internet regulation. Under rules to take effect Aug. 1, search engines operating in the country will be prohibited from providing banned information in various formats including links, summaries, cached pages, associative words, related ...

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Thailand exports slump 4.4% in May

  Bangkok / Tribune News Servicve Thai exports slipped for a second straight month in May, with the low value attributed to a slowdown in the global economy and low prices for farm products and oil. The Commerce Ministry said that exports fell 4.4% year-on-year in May to US$17.6 billion, with imports edging up 0.5% last month to $16 billion. ...

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