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Trump asks former New York mayor to seek wisdom on cyber security from private sector

​ U.S. President-elect Donald Trump said Thursday that former New York Mayor Rudy Giuliani has been tapped to form a team of cyber security experts to help deter future hackings against the United States.

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Insurance sector needs innovation to aid supply-side reform

China is likely to surpass Japan in insurance premium this year, second only to the United States, predicted Wei Yingning, former vice-chairman of China Insurance Regulatory Commission, in Beijing on Sunday.

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Canadian stocks end week down as energy, health care fall

After rising 354.05 points to a 16-month high the week prior, the TSX lost back 137.72 points, or 0.92 percent this week.

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India claims it killed 7 Pakistan rangers during skirmishes in Kashmir

Indian border guards belonging to Border Security Force (BSF) Friday claimed it killed seven Pakistan Rangers personnel in skirmishes in Kashmir.

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Li cites innovation in visits to high-tech firms

Premier links cutting-edge work to success of "Made in China 2025"

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Ukraine's banking system to recover from crisis in 2017

The National Bank of Ukraine (NBU) expected that the country's banking system will recover from the ongoing crisis next year, a senior bank official said here on Thursday.

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Technological innovation sparks new industrial revolution, says expert

​Technological innovations have sparked a new industrial revolution, and people need to keep up with these developments to understand both opportunities and challenges they pose, according to a leading Spanish academic and advisor.

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African nations urge efforts to upgrade agriculture

​Kenya on Monday kicked off the 6th African Green Revolution Forum (AGRF) to chart new path to transform the continent's agricultural sector and enhance food security.

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China's service sector new magnet for foreign capital

China's fast-growing service sector has become a new magnet for overseas investors looking for opportunities in the world's biggest emerging market, a report from Industrial Bank Co., Ltd. said.

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Indian banking operation badly affected by strike over gov't policy

​Banking operations in India were badly affected Friday as around one million bank employees of 40 private and public banks staged a one-day strike to protest against the policy for banking sector of the government under Prime Minister Narendra Modi.

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Why do so many young S.Koreans give up on enterprise?

A quarter of a million young Koreans are studying to become civil servants in safe, boring, lifelong jobs while only 140,000 want to work in private enterprise.

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Myanmar to get 200 mln USD aid from World Bank for post-disaster relief

Myanmar will get 200 million U.S. dollars' aid from the World Bank for post-disaster relief for the year 2015 under Flood and Landslide Emergency Recovery project, official media reported Monday.

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China second-quarter economic growth seen cooling to 6.6 percent, weakest in seven years

​China's economic growth likely cooled to a fresh seven-year low of 6.6 percent in the second quarter as the industrial sector loses steam and a boost from financial services fades, according to a Reuters poll of 61 economists.

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China's reform agenda offers huge market for power, automation: ABB CEO

The global industrial sector and Chinese economy have both entered a new phase of development, and China's reform agenda offers huge potential for improving the industrial sector, according to Ulrich Spiesshofer, CEO of ABB Group, a leading global power and automation company.

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First ever Offshore Support Vessel visit opens to public in Singapore

Singapore Shipping Association (SSA) for the first time showcased the offshore marine sector by inviting the public to visit two state-of-the-art Offshore Support Vessels (OSV) from Thursday to Saturday in conjunction with Singapore Maritime Week.

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Opinion: Is Property Boom Source of China’s Unorthodox Liquidity Trap?

Has China fallen into an unorthodox liquidity trap? On paper, it’s inconceivable to think this way with a variety of monetary instruments on the table for the PBOC, especially with an interest rate way above zero. But in reality, China has always been facing with the same paradox – an over-levered corporate sector together with an under-levered household sector.