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Singapore lender still using faxes seeks virtual bank license

Bloomberg Singapore’s Hong Leong Finance Ltd sees the country’s plan to issue virtual banking licenses as an opportunity to find new customers and re-invent itself as a tech-savvy lender to the nation’s new businesses. The firm, founded in 1961, has been in talks with financial-technology companies about a joint application for one of the licenses, according to President Ang Tang ...

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Trump’s diplomacy in China no substitute for clear policy

As we move into the fall, there’s one overriding foreign-policy priority for America: Find a strategy to deal with a rising China that protects US interests but doesn’t subvert the global economy. China is the challenge of our time, and risks of getting it wrong are enormous. Huawei, the Shenzen-based communications powerhouse, argues in a slick new YouTube video that ...

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People can’t save Google, Facebook

The scrutiny of giant technology companies and the inevitable anxiety that follows are now so commonplace that they have become rote. Once terms like “techlash” become household words, it’s easy to become numb. The attorneys general of 48 US states, the District of Columbia and Puerto Rico announced an antitrust probe into Google parent firm Alphabet. For those in need ...

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