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Masraf Al Rayan to halt brokerage business

  DUBAI / Reuters Masraf Al Rayan, Qatar’s second-largest bank by market capitalisation, said on Monday that it had decided to suspend the activities and licence of its brokerage business, Al Rayan Financial Brokerage Company. After obtaining the necessary approvals from regulatory authorities, the bank said the last date of trading for the company would be Jan. 12. All remaining ...

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New bank regulations aren’t capital control, says PBOC’s Ma

  Bloomberg China’s new regulations on cash transactions and overseas transfers are not capital controls, according to a central bank researcher cited by the official Xinhua News Agency. New requirements published by the People’s Bank of China on Friday stoked concern that the government is imposing capital controls in a disguised form, Xinhua reported. “It is not capital control at ...

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Preserving their ‘submerged’ heritage!

  Mexico City / DPA Many people think of archaeologists as people who excavate dry earth at scorched sites, or dust off relics with small paintbrushes under piercing sunlight, perhaps donning hats in the style of Indiana Jones. This is not the case with Pilar Luna’s team. Their gear consists of air tanks, wetsuits, diving fins and dive tables for ...

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