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China defends initial response to chemical fires after port blasts

China defends fire fighters who hosed water on blaze in warehouse storing volatile chemicals, which foreign experts say could have contributed to two huge blasts

Banks to pay $2bn to settle forex rigging suit

Picture: THINKSTOCK

Lawyers representing investors say plaintiffs have ‘reached settlements totalling more than $2bn’ with nine major banks accused of foreign-exchange rigging

China says no basis for further yuan depreciation

A clerk counts Chinese 100 yuan banknotes at a branch of China Construction Bank in Hai'an, Jiangsu province in this June 10 2014 file photo.  Picture: REUTERS

Central bank of China says no reason for yuan to fall further given strong economic fundamentals, helping to restore calm to jittery global markets

Safety standards at China’s factories questioned

Vehicles are seen burning after blasts at Binhai new district in Tianjin municipality, China, on Thursday. Picture: REUTERS

Campaigners say widespread corruption in China enables bosses to evade regulations in pursuit of profit

Samsung pins hopes on Galaxy Note phablet

An employee assists a customer at a Samsung shop in the central district of Hong Kong, China. Picture: BLOOMBERG

Larger version of S6 edge smartphone unveiled too in bid to gain momentum in handset business


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