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DBS eyes 3.5m PayLah! e-wallet users by 2023

DBS Bank aims to more than double its mobile wallet users to 3.5 million by 2023, up from its current user base of 1.6 million, said the lender in a statement on Wednesday.

Markets

Huawei CFO fighting US extradition says her rights were violated

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday as her lawyers argued Canada abused its immigration processes to gather evidence against her, a claim the government says is without an "air of reality."

Markets

Hydrogen hurdles: A deadly blast hampers South Korea’s big fuel cell car bet

Aiming to cash in on a major push by South Korea to promote fuel cell vehicles, Sung Won-young opened a hydrogen refueling station in the city of Ulsan last September. Just one year on, he's thinking about closing it down.

Markets

Chipotle faces more labour complaints at New York City stores

Chipotle Mexican Grill Inc is facing fresh claims that it violated New York City's labor laws after the city sued the fast casual restaurant chain two weeks ago.

Markets

Trump’s China trade rhetoric turns harsh at UN, says won’t take ‘bad deal’

U.S. President Donald Trump delivered a stinging rebuke to China's trade practices on Tuesday at the United Nations General Assembly, saying he would not accept a "bad deal" in U.S.-China trade negotiations.

Markets

Facebook will not label or remove politicians’ rule-breaking posts

Facebook on Tuesday said it would not take down politicians' posts that violate its community standards and will not label them as rival Twitter has promised, saying it should not be the arbiter of acceptable speech in the political arena.

Markets

Amazon buys cloud startup INLT to help merchants import goods

Amazon.com Inc has bought technology startup INLT for an undisclosed amount, the company told Reuters on Tuesday, in a transaction that will help merchants on its online marketplace more easily import goods into the United States.

Markets

Commentary: These ultra-low interest rates are hurting the economy

In today’s low-interest-rate environment, a further decline in rates will most probably slow the economy by reducing productivity growth, say Ernest Liu, Atif Mian, and Amir Sufi.

Markets

US lawmakers propose US$1 billion fund to replace Huawei equipment

A U.S. House panel unveiled bipartisan legislation this week that would authorize US$1 billion for small and rural wireless providers to remove network equipment bought from companies including Huawei Technologies Co Ltd and ZTE Corp , which lawmakers say poses a national security risk.

Markets

US lawmakers unveil proposed US$1 billion fund to replace Huawei equipment

A U.S. House panel unveiled bipartisan legislation this week that would authorize US$1 billion for small and rural wireless providers to remove network equipment bought from companies including Huawei Technologies Co Ltd and ZTE Corp , which lawmakers say poses a national security risk.

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