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Chinese VCs back off Silicon Valley deals due to US govt scrutiny

US technology start-ups in Silicon Valley are losing competitive funding as well as opportunities to monetize the lucrative C

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Oil prices rise during first week of 2019

Oil prices rebound during the week ending Jan. 4, with the price of West Texas Intermediate (WTI) for February delivery incre

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Pacific trade pact takes off with tariffs cut in six nations

A landmark 11-country trade deal, a revamped version of the Trans-Pacific Partnership (TPP), came into force on Sunday with N

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Starbucks gets closer to customers with virtual store

World-leading coffee chain Starbucks said it will further enhance its digital collaboration with Alibaba Group by launching i

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NADA: U.S. auto sales expected to drop in 2019

New vehicle sales in the United States are expected to drop next year as higher interest rates and rising prices could prompt

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APD | Vietnam in top 10 fastest-growing economies

By APD writer Alice HANOI, Dec.10 (APD) -- Vietnam will still be among the top 10 fastest-growing economies globally although

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Hedge funds make big bets against post-Brexit UK economy

A pair of hedge funds owned by prominent Brexit supporters have made significant bets against companies exposed to the Britis

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China to launch fourth national economic census on Jan. 1

China's fourth national economic census will officially begin on the first day of 2019. The survey, which will last three mon

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APD | Pledges amounting to US$ 670 million made for Marawi rehabilitation

By APD writer Melo M. Acuna MANILA, Nov.28 (APD) – After over a year since President Rodrigo Duterte announced the liberation

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Buffett's Berkshire doubles profit, repurchases $900 million stock in Q3

Berkshire Hathaway Inc, the conglomerate run by American billionaire Warren Buffett, on Saturday said its quarterly operating

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Egypt police fire tear gas to disperse pro-Morsi students in Tahrir

Egyptian security forces fired tear gas to disperse students supporting the ousted Islamist President Mohamed Morsi on Sunday

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23 killed, 43 wounded in violent attacks in Iraq

At least 23 people were killed and 43 others wounded in violent attacks across Iraq on Thursday, the interior ministry and po

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Moscow air defense to be reinforced with one more regiment

Air defense over Moscow region will be reinforced with one more S-400 regiment, Russia's Defense Ministry said Wednesday. In

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Kerry to return to Mideast over Iran, peace talks

U.S. Secretary of State John Kerry will return to the Middle East early next month to discuss Iran and Israeli-Palestinian pe

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German fugitive arrested in Johannesburg for alleged links with bomb suspect

A German fugitive has been arrested for alleged links with Czech businessman Radovan Krejcir, a suspect in a bomb blast that

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Egypt to hold constitutional referendum in January

Egypt's interim Prime Minister Hazem Beblawi said on Monday the referendum on the country's new constitution will be held in

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Kerry urges quick signing of security deal by Afghanistan

U.S. Secretary of State John Kerry on Sunday called for a quick signing of a bilateral security agreement with Afghanistan af