Chinas banking remains liquid: Fitch Ratings
Beijing: Chinas banking system is in effect insolvent yet continues to function, and remains liquid thanks to the perception that the government stands behind banks, says Fitch Ratings in its report on the Chinese banking system.
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Cell companies link up to set standards
Mumbai: Industry giants from around the high-technology world are forming a new alliance to simplify how wireless telephones can be used on any network, whether to play games, share photos or trade instant messages.
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Defying calls for democratic reforms
Havana: Defying calls for democratic reforms of his one-party system, Fidel Castro led hundreds of thousands of people in a march on Wednesday morning in support of a constitutional amendment declaring Cubas socialist state "untouchable."
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Filing fees for foreign companies increased
New Delhi: The department of company affairs has revised the filing fees payable by foreign companies from the existing Rs 1,000 to Rs 5,000 per document. The revised rates have been made effective from 15 May 2002.
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