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The global development finance system needs reforms and more capital to address the overlapping crises that are pushing 250 million people back into poverty, major public and private groups said. The statement, signed by Woochong Um, managing director general of the Asian Development Bank, former British Prime Minister Gordon Brown, …

When Japan’s biggest banks helped finance a $34 billion deal last year for medical supply maker Medline, the famously cautious lenders signalled their ambitions in riskier, low-grade US debt. Mitsubishi UFJ Financial Group Inc, Mizuho Financial Group Inc and Sumitomo Mitsui Financial Group Inc, eagerly hunting yield abroad after years …

  Prime Minister Phạm Mình Chính (centre) at an event to start the country’s e-invoice programme. — VNA/VnExpress News Photo Dương Giang  HÀ NỘI — Electronic invoices, or e-invoices, play a vital role in creating a transparent and fair business environment, a more streamlined administrative process, higher productivity, and are …