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Troubling Lessons in China's Crumbling Stock Market

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The bubble’s deflation shows China’s reputation for omnipotence in economic matters is hardly unassailable.

World Bank Deletes Critical Passage on China

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The bank removed from a recent report its call on the Beijing government to reduce its influence on the country’s financial system, raising questions over internal controls and external influence at the international body.

Malaysian Anticorruption Body to Look Into Flow of Money to Najib

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Malaysia’s anticorruption agency will look into Wall Street Journal report that investigators have traced nearly $700 million of deposits into what they believe are the personal bank accounts of Malaysia’s prime minister.

New Credit Suisse CEO Reins in Hopes for a Quick Fix

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‘Expectations have kind of run away,’ says new Credit Suisse CEO Tidjane Thiam, as he plays down optimism he can quickly lift the Swiss bank out of its recent malaise.

Fitch Affirms Russia's Rating

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Fitch Ratings affirmed its investment-grade rating for Russia, while maintaining its negative outlook for the nation.

Hedge Funds With Greek Holdings Face Uncertain Wait

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Hedge funds managers with exposure to Greek stocks and warrants face an uncertain wait ahead of Sunday’s referendum, after being unable to get their money back or easily value their funds this week.

Iron Ore's Recovery Turns to Rust

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The iron-ore market is discovering why the archenemy of high commodity prices is, well, high commodity prices.

Eurozone Crisis Now Yields Windfall

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Away from Greece, the eurozone, and Germany in particular, is enjoying the benefit of ultra-low bond yields.

Lloyds Bank Retail Sale to Yield Political Dividends

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Government plans to sell Lloyds shares to the public will mean financial gains for a lucky few but political insurance for the bank.

Noble Group Distracted by Bonfire of Its Equity

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Noble Group has been busy buying back its beleaguered stock. That risks weakening the more important fight: defending its credit.

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