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Qatar stuns ME debt market with record $9 billion bond

  Bloomberg Borrowers and investors across the Middle East are adjusting to a new landscape following the region’s biggest-ever bond sale. Qatar sold $9 billion of Eurobonds in three maturities on Wednesday, almost double the amount expected by analysts. The issue helped push 2016 bond sales from the Middle East and North Africa, which includes Saudi Arabia and the United ...

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Japan regulates virtual currency post Bitcoin scam

  Tokyo / AFP Japan passed a law regulating virtual currency, after the country found itself at the epicentre of a multi-million dollar embezzlement scandal following the spectacular collapse of the Tokyo-based MtGox Bitcoin exchange. Once one of the largest, most established exchanges for the cryptocurrency, MtGox collapsed in 2014 after a suspected theft worth nearly half a billion dollars, which ...

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China accuses USA of hampering trade with steel duties

  Beijing / AP China accused the United States on Thursday of hampering trade after Washington imposed duties of up to 450 percent on Chinese steel in its latest response to a flood of low-priced imports. The Ministry of Commerce complained US regulators discriminated against Chinese suppliers by using incorrect standards for deciding what production cost and market prices should ...

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