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IMF chief proposes to reappoint David Lipton as first deputy managing director

International Monetary Fund Managing Director Christine Lagarde on Monday announced her decision to renew David Lipton's five-year tenure as the first deputy managing director starting Sept. 1, 2016.

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Zimbabwe pushes to amend mining law to attract investors

The Zimbabwean government said on Monday amending the mining law has become urgent to bring new changes that will go a long way in stemming the shortcomings of the outdated legislation.

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Latest statistics show resilience, vigor of Chinese economy

Amid growing concern over the "new mediocrity" of the global economy, China's latest economic data provide a snapshot that the world's second largest economy is resilient and full of vigor and vitality.

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China policy bank lends more to agriculture in 2015

The Agricultural Development Bank of China, a major policy bank, provided more financial supports to China's agriculture in 2015.

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Restructuring puts China growth on dual tracks

Call it a tale of two sectors -- China's slipping manufacturing and flourishing service sector have defined the country's economy.

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China issues guidance for internal control of insurance funds

​China's insurance regulator on Tuesday issued a guidance for internal control of insurance funds partly to raise the sector's risk management capability.

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New Zealand farmers find alternatives to falling dairy exports

​Meat, wool and horticulture and forestry export will drive growth in New Zealand's primary sector exports through to 2017 and help to offset falling returns in the pillar dairy industry, a government report said Tuesday.

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Food safety culture needed for New Zealand dairy industry: report

​A government-appointed group set up in the wake of Fonterra's 2013 false botulism scare and global product recall has found New Zealand's dairy sector food safety capability in "good shape," although a stronger food safety culture was needed, it said.

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Growth in New Zealand manufacturing speeds up

​New Zealand's manufacturing sector continued its accelerated growth last month, according to the latest performance of manufacturing index (PMI) out Friday.

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Japan's core machinery orders up 10.7 pct in October

The Japanese government said Wednesday that core machinery orders in private sector here jumped a seasonally adjusted 10.7 percent in October on month for the second straight monthly increase.

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Booming service sector will not replace industry

​It would be unwise, especially during an economic slowdown, for China to solely rely on the service sector, as it belittles the significance, and potential, of its industry.

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Greek media unions call 24-hour strike

​Greek media unions called a 24-hour strike on Thursday evening as French President Francois Hollande was paying an official visit to Athens.

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Cambodian trade unions campaign for minimum wage

​Cambodia's trade unions campaigned on Wednesday to demand the monthly minimum wage of 160 U.S. dollars for the garment and footwear sector as negotiations between the unions and the employers have reached no agreement.

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Vietnam seeking to boost exports: officials

​Vietnam is seeking measures to boost exports as it is forecast to continue seeing a slow growth, officials said on Thursday.

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China boosts financial leasing to fund money-starved firms

Chinese companies will soon be less dependent on stingy banks and a volatile market for financing thanks to new support policies in the financial leasing industry.

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Taiwan's Q2 GDP growth at 11-quarter low

Taiwan's nominal GDP expanded 0.64 percent in the second quarter of 2015 year on year, far below the official projection of 3.05 percent, the island's statistics agency said on Friday.

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Canadian stock market edges up as energy rally offsets losses by miners' shares

​Canada's main stock market in Toronto stayed in the positive territory Thursday as gains driven by energy shares overpowered severe losses from the mining sector due to disappointing quarterly financial results.