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Alibaba or Tencent - Who will win race for 650 mn virtual bank accounts?

Technology giants like Alibaba, Tencent are entering the banking sector which offers at least 650 million digital savvy smartphone owners who use online payment methods regularly

Clean air: One of the biggest challenges for PM Modi in second term

The country is burning up more coal to supply cheap electricity to its 1.3 billion people, resulting in polluted air across vast stretches

Trump ribs Toyota executive at event with Japan business leaders

Trump looked for Toyoda around the room in pre-dinner remarks at the US ambassador's residence in Tokyo, asking 'where's Toyota?'

'Serenity' needed in Nissan alliance talks, says Renault's Senard

Talk about fusion or shareholding changes between Renault, Nissan and Mitsubishi was 'reopened a bit dramatically and wasn't necessary,' Senard said

Amid tariff threat, Japan to impress Trump with golf, wrestling and warship

Abe has poured resources into cultivating a personal relationship with Trump since his 2016 victory, using a heavy dose of flattery to sidestep damaging trade actions.

SEC opens probe into Boeing's disclosures about grounded 737 Max jetliner

The SEC inquiry is in its early stages and the regulator's investigations often don't lead to allegations of misconduct

PM Narendra Modi's $1.4-trillion infrastructure promise faces a roadblock

Passing legislation such as a land-acquisition bill will remain a tough ask until at least 2020

Boeing 737 Max bills include $2,000 a month to park each grounded jet

The maintenance costs are just the start of Boeing's financial exposure

UK set for a new PM as tearful Theresa May quits over Brexit stalemate

There will be a crowded field for that election and the race for No 10 will be hard to predict

Jack Ma sells cancer insurance to millions of Chinese for pennies

Ant Financial envisions having 300 million members within two years -- the equivalent of one in every five people in China

China's market turning sour as trade war pushes foreigners away

Investors should be cautious about capital outflows given expectations the yuan will fall more, Jianghai Securities said

Alarming lessons from Facebook's effort to stop fake news in India

Particularly challenging for would-be fact-checkers, from Facebook Inc. to Google, is the country's 23 official languages

Advantage exit poll: A battered corner of $2.1 trn stock market may shine

While the benchmark Nifty 50 Index rallied 3.7% to a fresh peak, the Nifty MidCap 100 Index advanced 4.1% as the strength of the projected victory boosted the broader market

Young and unsettled: Millennials and Gen Z pessimistic on life, says survey

Only about half of both groups aspire to purchase a home, and even fewer desire to start a family, says Deloitte survey.

Amazon's $575 mn investment delivers a $1 bn blow to food delivery sector

Key market leaders are expected to make a comeback with all eyes on who gets the next round of funding

Adani's coal project in Australia may take off as new govt comes to power

Adani Group's Carmichael coal project is located in Australia's huge Galilee Basin, which if fully developed, has the potential to more than double Australia's thermal coal exports

Top five economic challenges the next government must tackle after May 23

Arresting an economic slowdown and nursing the nation's financial sector back to health will be the immediate priorities for the next administration

Switzerland votes 'yes' to being for corporate tax home for big business

The outcome ensures Switzerland remains a low tax domicile for companies and still is compliant with international rules

CARE downgrades Reliance Capital bonds' rating from 'A' to 'BBB'

Company protests move, says it had repaid Rs 650 crore of NCDs due on May 17

Reliance Capital protests rating downgrade, says it'll cut 50% debt in FY19

Care Ratings cut the firm's long-term debt program to BBB from A and kept it on credit watch with developing implications