China's Two-Yuan Dilemma

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Since China devalued the yuan on Aug. 11, the spread between its value in Hong Kong and in the mainland has widened—a complication for Beijing’s ambitions to raise the currency’s global profile.

Fed Appears to Hold Line on Rate Plan

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Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S. interest rates before the end of the year.

Fed Appears to Hold Line on Rate Plan

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Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S. interest rates before the end of the year.

New Tallest Skyscraper Planned for Tokyo

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Japanese property developer Mitsubishi Estate plans to build what would be Japan’s tallest skyscraper as part of an $8.3 billion development in central Tokyo, the latest sign of a surging property market in the capital.

BNY Mellon's Pricing Problems Persist

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Executives at Bank of New York Mellon Corp. are racing against the clock to make it through a backlog of pricing issues before the markets open Monday morning.

Meet the Private Watchdogs Policing Finance

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The use of outside monitors to police financial institutions that have misbehaved has exploded in recent years, sometimes generating friction.

The Only Bank This Hip-Hop Mogul Will Use

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Low-profile Signature Bank has become one of the nation’s fastest-growing lenders, attracting a fan base ranging from hip-hop mogul Irv “Gotti” Lorenzo to former Congressman Barney Frank.

Iran Deal Could Open Door to Gulf Businesses

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While executives in the Gulf see opportunities, the region’s governments remain at loggerheads on other issues.

Gold Loses Luster as Fed Decision Looms

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The precious metal’s mini-rally during a period of significant global market turbulence in August appears to have fizzled out, with investors refocusing on the likelihood of a Fed rate increase in coming months.

Alibaba Targets Rural China for E-Commerce Growth

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China e-commerce titans Alibaba and JD.com, facing a slowdown in the growth of their core urban customers, are battling to crack a new frontier: the sprawling countryside with some 600 million potential shoppers.

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