FILE PHOTO: Man wearing a mask walks past the headquarters

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FILE PHOTO: A woman wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. REUTERS/Jason Lee/File Photo

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SINGAPORE – Singapore has developed a blockchain-based payments network that enables payments to be carried out in different currencies on the same network, the Monetary Authority of Singapore (MAS) and Temasek said on Monday (July 13). The network prototype – which is on track for commercial adoption – can serve as a test network to […]
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Honda extends Mexican plant shutdown, furloughs more U.S. workers

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WASHINGTON (Reuters) – Japanese automaker Honda Motor Co <7267.T> said Wednesday it will extend a shutdown of its Mexican plants through April 30 and plans to furlough most U.S. salaried workers for two weeks as a result of the coronavirus pandemic. Honda began its suspension of operations in North America on March 23 and previously […]
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Hong Kong banks compare pandemic stress test with epidemic reality

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By Alun John, Scott Murdoch and Sumeet Chatterjee HONG KONG (Reuters) – Last October, nearly four dozen banks in Hong Kong confronted a nightmare “stress test” scenario: a pandemic that swept through the city, followed by a major cyberattack and a telecoms breakdown. In the simulation, a fast-spreading disease led to as much as a […]