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Housing headed for oversupply in Australia: report

​A new analysis indicates Australia' s housing market could be oversupplied within three years, according to new economic data.

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Egypt's Sisi says new anti-terror bill not meant to limit freedoms

​Egyptian President Abdel-Fattah al-Sisi said on Tuesday that the new anti-terrorism draft law is not meant to oppress the people or limit freedoms, the state TV reported.

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Nigerian president fires military chiefs, announces replacements: spokesman

​Nigerian President Muhammadu Buhari on Monday fired military chiefs, a move obviously made to re- position the military in fight against Boko Haram, which has proved to be a hard nut to crack in the West African country, a presidential spokesman said.

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Eurogroup meeting ends without new proposal from Greece: Dijsselbloem

​The finance ministers of euro zone countries didn't receive new proposals they had expected from Greece on Tuesday, Eurogroup head Jeroen Dijsselbloem said after the crucial meeting.

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Merkel's office summons U.S. ambassador over spy claims: report

​German Chancellor Angela Merkel's office summoned the U.S. Ambassador to Germany on Thursday to discuss new allegations about National Security Agency (NSA) spying, according to German media reports.

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China's electric car production grows three-fold in May

BEIJING, June 24 (Xinhua) -- Chinese manufacturers produced three times more new energy vehicles this May than they did last year, the Ministry of Industry and Information Technology said on Wednesday.

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Consortium unveils billion-dollar homes, commercial scheme near Manchester

​Ambitious plans backed by a China-based company were unveiled Thursday for a redevelopment project at a key gateway site into Manchester costing more than 700 million pounds (1.1 billion U.S. dollars).

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Burundi's president swears in new electoral commission members

​Burundian President Pierre Nkurunziza Tuesday swore in two new members of the National Independent Electoral Commission (CENI).

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MERS infections in S.Korea rise to 122 with 14 new cases

The number of South Koreans diagnosed with the Middle East Respiratory Syndrome (MERS) rose to 122 since the first case was discovered on May 20, the health ministry said Thursday.

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Apple unveils new OS, music streaming service

​Apple Inc. unveiled new operating systems for smartphones and computers and a new music streaming service on Monday at an annual event in San Francisco.

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New mode to open new way for international cooperation

A new China-proposed mode of production capacity cooperation between China and Latin America will not only open new prospects for South-South cooperation, but will also explore a new route for strengthening South-North cooperation.

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National rejuvenation is a dream for all

Chinese President Xi Jinping has decided to look outside the Communist Party of China (CPC) to pool strength for realization of the Chinese dream of national rejuvenation.

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S.Korean president names justice minister as new PM

​South Korean President Park Geun-hye on Thursday named the current justice minister as new prime minister after the former prime minister stepped down for the alleged bribery scandal.

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Earthquake-stricken Nepal bans new house construction until mid-July

The Nepalese government has decided to impose a ban on the construction of new houses across the country till the end of the current fiscal year which falls on July 15, while the restriction on the building of new homes will continue until it comes up with a new building code and other necessary policies and regulations.

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DPRK-China traditional friendship promotes bilateral ties: DPRK official

The traditional friendly relationship between the Democratic People's Republic of Korea (DPRK) and China is a precious treasure for both countries, a senior DPRK official said Wednesday.

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Business is China's latest youth fashion trend

When Cen Shen gave up a big salary with a foreign company in Guangzhou and went back his rural home in south China's Guangxi to run an online mango shop in 2012, most people thought he was crazy.

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Italy's parliament approves electoral reform bill

The Italian Lower House on Monday definitively approved a new electoral law, which was seen as a keystone of Prime Minister Matteo Renzi's reform agenda.