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China stocks retreat most in 3 weeks on liquidity jitters

Bloomberg China stocks fell by the most this month on concern that liquidity conditions in the financial system are not strong enough to support recent gains. The CSI 300 Index lost 1.3% just two sessions after closing at its highest level in five years. The liquidity-sensitive ChiNext Index retreated 2.2% to its lowest since October 23. Investors have been worried ...

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Ministry strengthens UAE’s anti-money laundering efforts

ABU DHABI / WAM The Ministry of Economy (MoE) announced the development of a strategic plan and initiatives within the framework of its role in supporting the efforts to combat money laundering practices in the country. MoE is the authority entrusted by the UAE Cabinet with the supervision of designated non-financial businesses and professions sector at the national level and ...

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Oil hits highest since March on Biden transition, vaccine hopes

Bloomberg Oil reached its highest level since March as the start of the US presidential transition process buoyed broader markets and a string of positive Covid-19 vaccine news continued to support the demand outlook. Futures rose to their highest since March in New York, alongside the back-end of the forward curve strengthening markedly into backwardation. The structures of both WTI ...

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