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Domestic brands continue to top China's smartphone market

BEIJING, July 26 (Xinhua) -- China's domestic smartphone makers continue to battle foreign rivals as they post bigger market shares in the second quarter of this year, industry statistics show.

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U.S. stocks keep falling on weak earnings

​U.S. stocks declined for the third straight session Thursday as investors meditated on a raft of largely lackluster earnings reports.

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China to see more couples apply for second child

​A health official predicted that China will see more couples apply for a second child this year than 2014, as a result of easing one-child policy to allow couples to have a second child if either parent is an only child.

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Indian-controlled Kashmir polls sees 71 percent turnout in 2nd phase

​Around 71 percent of voters Tuesday turned up to exercise their franchise in the second phase of polling for local elections in Indian- controlled Kashmir amid tight security, officials said.

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S. Korean captain gets 36-year jail term for ferry sinking

​The captain of the South Korean sunken ferry was sentenced Tuesday to 36 years in prison for leaving more than 300 people dead by dismissing his duty of saving passengers.

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Israel in talks with US for second batch of F-35 fighters

Israel is in advanced talks to acquire a second batch of F-35 fighter jets from the United States, The Jerusalem Post reported Tuesday, citing unnamed Israeli defense sources.

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S. Korea's Q3 GDP growth falls to lowest in five quarters

South Korea's economic growth fell to the lowest in five quarters in the third quarter, bolstering the causes of fiscal and monetary stimulus, the country's central bank data showed Friday.

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British energy consumption falls in Q2

​British total primary energy consumption for energy uses fell by 3.9 percent, on a temperature adjusted basis, in the second quarter of 2014 compared to the same period of 2013, according to official data released on Thursday.

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Home purchase restrictions eased amid cooling market

China's four big state-owned banks seem set to require lower down payments from second-time home buyers amid a sluggish property market.

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Wall Street holds near record highs

​U.S. stocks ended almost flat Wednesday and held near record highs, with the S&P 500 closing above the 2,000-point mark for a second straight day.

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Most Chinese provincial areas relax one-child policy

Twenty-nine of 31 provincial regions in the Chinese mainland have relaxed the decades-old one-child policy, allowing couples to have a second baby if either parent is an only child, said a senior family planning official on Thursday.

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Hangzhou eases restrictions on home purchases

The eastern Chinese city of Hangzhou on Monday became the latest region to ease home purchase restrictions.

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"Mr. Peabody" tops North American box office

DreamWorks Animation's "Mr. Peabody And Sherman" has become a box-office victory in its second week of release, while the highly expected car racing film "Need For Speed" trailed in third.

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"The Hunger Games: Catching Fire" tops North American box office

"The Hunger Games: Catching Fire" thrashed other competitions over its first weekend at the box office with an estimated 161.1 million U.S. dollars in 4,163 theaters and generated the second best debut of 2013 behind "Iron Man 3". Only three films have ever opened higher than "Catching Fire" of all time. Marvel's "The Avengers" holds the No. 1 place with a stunning 207.4 million dollars. "Iron Man 3" is the second with 174.1 million dollars, and "Harry Potter and the Deathly Hallows: Part 2" marks the third with 169.2 million dollars. 

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U.S. economy picks up pace on housing revival, consumption

The GDP of the United States expanded at an annual rate of 2.5 percent in the second quarter this year, the best performance since the third quarter of last year, boosted by ongoing recovery of U.S. housing market and household consumption, showed figures from the Commerce Department Thursday.

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Melbourne voted as world's most liveable city for 3rd time

Australia's second largest city Melbourne was ranked as the most liveable city in the world for the third time, local media Wednesday quoted The 2013 Economist Intelligence Unit Survey as saying.

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S. Korea's household income grows faster on economic recovery

Household income in South Korea grew at a faster pace in the second quarter of this year due to economic recovery during the quarter, a government report showed Friday.