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Deutsche Bank’s quarter to forget

The sun is setting on the second quarter, and not a moment too soon for Deutsche Bank AG. In 90 days, the German lender has replaced its CEO, promised thousands of job cuts, seen its credit rating downgraded, and watched its share price plumb new depths. Flunking the US Federal Reserve’s stress tests was a final humiliation, albeit an expected ...

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Trust the facts on GMOs

The US Department of Agriculture has come up with cheerful new labels for genetically modified foods (GMOs). The bright green and yellow circles depict a happy sun, a winking smiley face or a verdant landscape stamped with the letters “BE,” for “bioengineered” — rather than the familiar “genetically modified” or “genetically engineered.” It’s a shame the government is unwilling to ...

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China’s loss is Singapore’s gain in UK property

Brexit worries may be damping sentiment in Europe but in Asia, real-estate investors don’t appear too concerned. While Chinese purchasers of London property have put away their wallets as capital controls bite, buyers from Hong Kong, Singapore and South Korea are picking up the slack. Victor Li, who succeeded his billionaire father Li Ka-shing as head of the CK group ...

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