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Tencent, Weibo, Baidu probed over ‘law breach’

Bloomberg China’s online watchdog has launched an investigation into reports of multiple violations at news services run by Tencent Holdings Ltd., Baidu Inc. and Weibo Corp., as the government continues to tighten scrutiny over internet content. The Cyberspace Administration of China said it’s instructed its Beijing and Guangdong branches to look into reports that some of the country’s largest online ...

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Suzlon profit hit by shift in India’s wind system

Bloomberg Suzlon Energy Ltd. reported its lowest quarterly profit in a year as India’s support for auction mechanism to build wind energy projects slowed orders. The profit of $7.65 million during the usually quiet fiscal first quarter compared with a loss of 2.6 billion rupees in the year-ago period, according to a filing to the Indian stock exchange. The previous ...

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Thailand, Philippines want no part of dollar bond boom

Bloomberg Over in Asia’s booming dollar-bond market, there are two notable absentees: Thailand and the Philippines. The two countries are missing out on the rush to dollar-denominated debt, instead relying on their domestic fixed-income markets and lending from banks— something that’s unlikely to change anytime soon. Issuance from Thailand and the Philippines combined stands at a paltry $3.7 billion, compared ...

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