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India allows Google, Amazon as online payment aggregators

  Bloomberg The Reserve Bank of India published a list of 32 entities, including Alphabet Inc’s Google Pay, Amazon.com Inc’s Amazon Pay and Reliance Payment Solutions Ltd, that are allowed to act as online payment aggregators. The names were released for “disseminating information and ensuring greater transparency,” the central bank said on its website. Other approved entities include Zomato Payments ...

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China home prices steady in Jan, ending 16-month decline

  Bloomberg China’s home prices steadied in January, ending a 16-month decline after the government expanded stimulus policies for the sector. New-home prices in 70 cities, excluding state-subsidised housing, remained unchanged, compared with a 0.25% decline in December, National Bureau of Statistics figures showed. In the secondary market, existing-home prices dropped 0.28%, smaller than the 0.41% decline in the previous ...

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Japan’s trade deficit smashes record, topping $26.1 billion

  Bloomberg Japan’s trade deficit surged to a record in January, as one-off factors including the lunar new year holidays dragged on exports amid a backdrop of a slowing global economy. The trade gap jumped to Â¥3.5 trillion ($26.1 billion) from Â¥1.45 trillion in December, topping Â¥3 trillion for the first time in comparable data going back the late 1970s, ...

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