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BlackRock, Tencent tie-up is a match made in Wall Street

News that BlackRock Inc. and Tencent Holdings Ltd. are in talks for various types of cooperation is the kind of positive development both companies need. BlackRock is looking for ways to make its investment and portfolio-modeling tools available to the Chinese market, Bloomberg News and the Wall Street Journal reported. They may also codevelop a financial software system similar to ...

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Troubles at the ECB aren’t Draghi’s fault

Given the news of grumbling among members of the European Central Bank’s (ECB) Governing Council and the resignation of a board member, it seems Mario Draghi’s last month as president might be marred by internal policy divisions. This would be a sad misunderstanding. Sad because Draghi’s legacy should be centered on his courageous action to save the euro zone, and ...

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The world’s next factory won’t be in South Asia

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Vietnam seems to be the consensus pick for winner of the US-China trade war, as Chinese and other manufacturers shift production to the cheaper Southeast Asian nation. If there’s a loser, at least in terms of missed opportunities, it may be the countries of South Asia. To understand why, remember that the trade war has only accelerated an important trend ...

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