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Big China companies targeted over ‘systemic risk’

Wang Jianlin of Dalian Wanda Group gives a speech at a university in Beijing, China May 12, 2017.  REUTERS/Stringer

WT24 Desk China’s bank regulator ordered domestic lenders to check the “systemic risk” presented by “some large enterprises” involved in overseas buying sprees, sending stock prices of some of the country’s most acquisitive private-sector companies sharply lower, The Financial Times ...

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Asian firms under pressure on oil drop

WT24 Desk Energy firms struggled again in Asian trade Thursday after fresh plunge in oil prices as supply glut fears returned, while regional equities saw a mixed response to the previous day’s sell-off, AFP reports.  oth main crude contracts dived ...

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