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PBOC head says policy needs to selectively support growth, curb risks

Headquarters of the PBOC in Beijing. /CFP China's monetary policy needs to focus on supporting economic growth in a targeted way while reducing financial risks, People's Bank of China (PBOC) G

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Why ‘blaming the intern’ won’t save startups from cybersecurity liability

SolarWinds is back in hot water after a shareholder lawsuit accused the company of poor security practices, which they say allowed hackers to break into at least nine U.S. government agencies and hund

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China issues guidelines on banks' online lending businesses

A woman walks pass the China Banking and Insurance Regulatory Commission building in Beijing, China, October 25, 2018. /CFP China issued finalized guidelines on the internet loan business of c

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Artist uses cactus as symbol of people's power

Beijing-based artist Kong Ning wore special garment resembling an emerald green cactus in a piece of performance art shown in Beijing on Feb 15.Kong said as Chinese people are celebrating the Spring F

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5.2 mln people displaced in DR Congo, including 3 mln children: UN

Half of the 5.2 million people displaced in the Democratic Republic of Congo were forced to flee their homes in the last 12 months. /VCG There are about 5.2 million displaced people in the Dem

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Eurozone growth in 2021 to rebound less than expected

A worker at German manufacturer of silos and liquid tankers, Feldbinder Special Vehicles, moves rolls of aluminum at the company's plant in Winsen, Germany, July 10, 2018. /Reuters The eurozon

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Pandemic-hit BP sees first loss in a decade

BP's new chief executive Bernard Looney gives a speech in central London, Britain, February 12, 2020. /Reuters BP plunged to a $5.7-billion loss last year, its first in a decade, as the pandem

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11 trapped gold miners rescued in E China

Eleven of the 22 miners trapped underground in a gold mine in east China's Shandong Province were successfully lifted to the surface on Sunday, according to rescuers.Th

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Live hog futures start trading in China

03:15 China's first live hog futures tumbled more than 10 percent on its debut day, indicating that the market expects the hog prices to be weak going forward. Hog pric

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China warns of excessive borrowing on internet platforms

China pays close attention to the supervision of online platforms. /CFP China's banking and insurance regulator on Tuesday said consumers should beware of the excessive borrowing and hidden ri

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Indian Markets Continue to Fall on New Virus Strain Scare, Sensex Sheds 500 Points From Day's High

A new coronavirus strain, which has been discovered in the UK, has taken a toll on the Indian stock markets since the beginning of week. The benchmark Indian index, Sen

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Germany gives Huawei conditional 'green light' in 5G

The German government approved a draft IT security law Wednesday, moving closer to allowing the use of Chinese telecom giant Huawei's technology in next-generation networks.Although the draft law

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Yemeni boy fights malnutrition

A shocking photo of severely malnourished 10-year-year old Yemeni Hassan Merzam Muhammad called the world’s attention to the food crisis spiraling out of control in July

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Japan's core consumer prices falls at fastest pace in nine years

Japan's leading gauge of inflation fell at the fastest pace in October in more than nine years, owing to a domestic tourism-boosting subsidy program and weak energy prices amid the COVID-19 pandemic,

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Cryptocurrency exchange Liquid confirms hack

Cryptocurrency exchange Liquid has confirmed it was hacked, but that the scope of the incident is still under investigation.The company’s chief executive Mike Kayamori said in a blog post the at

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Syria's foreign minister Walid Muallem dies

MOSCOW, RUSSIA DECEMBER 23, 2019: Syria’s Foreign Minister Walid Muallem. /Getty Images Syrian Foreign Minister Walid Muallem, a stalwart of Bashar al-Assad's regime who held his job through a

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Natural gas producer Gulfport Energy files for bankruptcy

Natural gas explorer and producer Gulfport Energy Corp filed for Chapter 11 bankruptcy on Friday, becoming the latest company in the U.S. energy sector to succumb to weak crude prices as the COVID