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  • Apple rejected China's request for source code

    The congressional testimony highlighted an issue at the heart of a heated disagreement between Apple and the FBI over unlocking encrypted data from an iPhone linked to last December's San Bernardino, California shootings - how much private technology companies should cooperate with governments.

  • Apple denies handing source code over to China

    The company's general counsel Bruce Sewell was appearing at a US congressional hearing on encryption's impact on law enforcement, as the high-tech giant battles the government over whether it should be compelled to help authorities in criminal cases.

  • China breaks up $64 billion underground banking network

    Chinese authorities uncovered over 800 billion yuan (USD 126 billion) worth of underground banking and money laundering since April.

  • Nokia agrees on China joint venture with Huaxin

    According to a memorandum of understanding, Nokia said it expects to hold 50 percent plus one share in the new joint venture, with Huaxin holding the remaining shares.

  • Marc Faber: China is growing at 4% and that's okay

    "I think we are already at a 4 percent growth rate anyway. The figures that China publishes are figures they just take out of a drawer to make it look good," Faber – also known as Dr. Doom – told CNBC Asia's Squawk Box on Thursday.

  • FY12 profit to be better than FY11: Dishman Pharma

    Dishman's Managing Director JR Vyas expects its key clients Abbott's contribution to grow by 50%. He further expects some more product orders coming in from Abbott in FY13.

  • China report claims Google-linked firms broke tax rules

    Chinese authorities found three companies linked to Google Inc broke tax rules and are investigating possible tax avoidance, a Chinese state-run newspaper said on Thursday, raising the risk of fresh pressure on the Internet search giant.

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