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The BOC’s Shanghai branch says it will start trial trading in greenback gold this year and expand the pilot to its other branches in China, said the newspaper. China now allows investors to buy and sell gold only through yuan accounts, though the sales are based on the dollar value of the metal on international markets.
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Oakland’s Waypoint cashes in on empty homes OAKLAND, Calif. & SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Starwood Waypoint Residential Trust (NYSE:SWAY) and Colony American Homes ("CAH") announced today the signing of a definitive merger.