Archive for the December 31, 2016
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Beijing has pledged to open up more economic sectors to foreign investment, an official statement said, as foreign chambers of commerce complain of a worsening business environment in the country. China will "unwaveringly insist on
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Disney has won a copyright dispute over a Chinese knock-off of its animated movie Cars, a China court said Friday, a rare victory for a foreign firm in a country famous for counterfeits. Bluemtv, which
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The world's highest bridge has opened to traffic in China, connecting two provinces in the mountainous south-west and reducing travel times by as much as three-quarters, local authorities said Friday. The Beipanjiang Bridge soars 565
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Sri Lanka's central bank kept its benchmark interest rates steady on Friday for a fifth straight month as expected, saying credit growth was responding to earlier tightening measures. Private sector credit grew 22 percent in
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The Italian state will foot 6.6 billion euros of the 8.8 billion euro ($9.2 billion) bill for bailing out struggling Monte dei Paschi di Siena (BMPS), the country's central bank said Thursday. The European Central
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Indians rushed to change their bank notes Friday before a deadline to deposit invalid rupee notes closed, as Prime Minister Modi defended his controversial move to reduce cash in use. His shock November 8 announcement
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Around 100 bags of "plastic rice" seized in Lagos have turned out to contain real but contaminated rice, authorities said Friday in Nigeria, where prices for the staple have rocketed. Tests on the rice have
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Russian inflation fell to 5.4 percent in 2016, the lowest annual rate since the collapse of the Soviet Union a quarter century ago, a preliminary estimate from the Rosstat national statistics agency showed Friday. The
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Tokyo's benchmark stock index ended a volatile 2016 on a down note Friday, but still hit the highest year-end close in two decades on optimism over the incoming US government. President-elect Donald Trump's surprise election
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Hong Kong shares rose around 1 percent on Friday, but the main indexes ended 2016 near where they started after a volatile 12 months, punctuated by Britain's vote to leave the European Union and Donald
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