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China's forex reserves expand 1.82% in January

trillionweakened foreign exchange reserves stood at 3.18 trillion at the end of January up 1.82 percent from a month earlier official data showed on Tuesday.The State

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Countries putting travel curbs on China for political purposes: expert

China's adjustment of COVID-19 response and entry-exit policies are timely and necessary based on new characteristics of the variants and the country's reality, Anton B

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EU leaders fail to reach consensus on energy response plan

European Union (EU) leaders struggled Friday to bridge significant differences over a natural gas price cap as they met at Prague Castle to discuss how best to deal wit

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Japan concerned about 'rapid, one-sided' moves in FX market

Japan's government wants to act if "rapid, one-sided" moves seen in the currency market recently continue, the country's top government spokesperson warned on Wednesday

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Goldman Sachs cuts U.S. GDP growth forecast for 2022 over Omicron fears

Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8 percent for 2022, citing risks and uncertainty around the emergence of the Omicron variant of

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Germany threatens to cut support over 'unacceptable' Bosnian Serb talk of secession

Germany threatened to cut financial support to Bosnia. Labeling calls for parts of Bosnia to secede or for the Balkan state to be weakened "irresponsible and unacceptab

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Moderna seeks U.S. authorization for COVID-19 vaccine booster shots

Vials of Pfizer-BioNTech, Moderna and AstraZeneca COVID-19 vaccines are pictured at St. Mary's Hospital in Phoenix Park Dublin, Ireland, February 14, 2021. /CFP Moderna on Wednesday asked the

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Eight dead from Hurricane Grace

Category 3 Hurricane Grace hit the Mexican Gulf coast early Saturday, the second time it impacted the country in two days. Officials said at least eight people are dead.On Thursday the storm impac

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Grace storms through Caribbean as Fred weakens to tropical wave

Tropical Storm Grace was moving west towards the Leeward Island after it formed in the Caribbean. WhileFred has weakened to a tropical wave as it moved into the Gulf of Mexico, butthe U.S. Nationa

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Delta COVID-19 variant gains speed across U.S.

An advisory panel with the U.S. Centers for Disease Control voted Friday to recommend a third dose of Pfizer-BioNTech and Moderna COVID-19 vaccines for people with weakened immune systems.Fr

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Report: Damage from Israeli bombardment on Gaza $290M-$380M

A report released this week by the United Nations, the European Union and the World Bank finds that the socioeconomic status of people in the Gaza Strip have been severely weakened following the 11-d

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Novavax: How the company’s protein-based vaccine works

00:58 Biotech company Novavax announced on Monday its COVID-19 vaccine has proven more than 90% effective against variants in late-stage trials.If approved, it would be the fourth vacci

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China's forex reserves expand in May

China's foreign exchange reserves rose by 0.74 percent from the previous month at the end of May, 2021. /CFPChina's foreign exchange reserves expanded in May as the U.S

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China's central bank says risk of imported inflation controllable

China's producer price index in April increased by 6.8 percent year on year. /CFP The risk of imported inflation is overall controllable, the People's Bank of China (PBOC), China's central ban

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Fortnite-maker accuses Apple of 'kneecapping the competition'

Epic Games announces that it has filed a complaint against the iPhone-maker with the UK's Competition and Markets Authority.

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Rwanda Central Bank tightens banking regulations

FILE PHOTO: Rwanda Central Bank is increasing supervisory oversight over local banks./ National Bank of Rwanda. In the face of growing credit uncertainty among local banks, the Rwanda Central

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What’s mRNA COVID-19 vaccines?

02:43 People around the world are now getting jabs of the new coronavirus vaccines.Two of them, one made by Pfizer and BioNTech and another made by Moderna are unlike any other vaccine