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Alibaba and Trustar have reached a formal agreement after several rounds of talks, according to an internal memo sent to Lingxi staff on Monday by the game developer's CEO Zhou Bingshu and reviewed by Reuters.
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A recent assertion circulating among Ghanaian youth and entrepreneurs poses a fundamental economic question: Is the current exchange rate of approximately GH¢10.94 to the US dollar literally killing local jobs by making imported products drastically cheaper than locally manufactured goods?
OCBC’s Sim Moh Siong and Christopher Wong highlight that September Bank of Japan (BoJ) hike odds have risen sharply, but the Japanese Yen (JPY) has reacted only modestly. They argue a sustained Yen recovery likely needs clearer commitment to faster policy normalisation.
HONG KONG: Online fast-fashion retailer Shein is eyeing a company valuation of around US$25 billion in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly US$100…
Canada’s July Consumer Price Index (CPI) figures will be the focus of attention when published on Monday.