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How war in Taiwan could mean the wheels come off the UK economy

TheGuardian

We look at ways a conflict might inflict yet more harm on our struggling businesses As the world struggles with the economic fallout from the Ukraine war, fears are mounting about a conflict that would be even more consequential: a Chinese invasion of Taiwan. And what about TikTok? Continue reading.

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EMQ Bolsters Global Payments With New Enterprise Settlement System

PYMNTS

To bolster global payments for businesses throughout the world, EMQ launched its new enterprise payment technology with same-day settlement functions in local currencies throughout eight countries. Also, the company was accepted into the regulatory sandbox in Taiwan by the Financial Supervisory Commission in Taiwan. .

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Fed Pushes Back on Thoughts of a Dovish Pivot

South State Correspondent

That selling intensified as House Speaker Nancy Pelosi’s landing in Taiwan went without incident and the flight-to-safety trades started to be reversed. While worse case scenarios on the Taiwan visit weren’t realized yesterday, you can expect China to respond in varies ways to what they view as an unnecessary provocation.

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Contour Completes Blockchain Transaction Between Two Cos

PYMNTS

The release also stated the transaction showcases the business growth in Vietnam and Taiwan. "As As the world adapts to social distancing and post-COVID life, traditional methods of doing business will quickly be incompatible," said Contour CEO Carl Wegner , according to the release.

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China Expects Economy To Improve In 2021 As Region Sees Boost In Tourism

PYMNTS

Speaking at a news conference with leaders of six major international economic and financial groups, including the World Bank and International Monetary Fund, Li said the country's economy “this year can achieve positive growth, and we expect next year (economic) operations can recover to a reasonable range,” Reuters reports.

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JCB Debuts QR Codes In South Asia

PYMNTS

According to a report in The Verdict citing CB International, the new payment service was launched in Taiwan and Vietnam and enables customers to scan a QR code at the merchant point of sale via their mobile phones. The idea is to expand the service into three more Asian countries sometime in 2019, reported The Verdict.

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Evergrande vows to meet first debt deadline, allaying some fears of collapse

TheGuardian

Markets in Taiwan and China reopened lower after a two-day break, catching up with a sharp sell-off around the world triggered by concern over Evergrande’s predicament. Fears for embattled Chinese property giant eased but it is not clear if it will repay $83.5m Continue reading.

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