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APD | South Korean economy expected to hard hit by coronavirus

By APD writerAliceSouth Korea’s economy may be hard hit by a new strain of coronavirus orginated from China’s Wuhan city unless the epidemic is contained swiftly, said Finance Minister Hong Nam-ki sai

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APD | South Korean economy expected to hard hit by coronavirus

By APD writer AliceSouth Korea’s economy may be hard hit by a new strain of coronavirus orginated from China’s Wuhan city unless the epidemic is contained swiftly, said

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Snapchat hits 218M users but big Q4 losses sink share price

Snapchat still isn’t profitable nearly two years after its IPO. In Q4 2019, Snap lost $241 million on 560.8 million in revenue that’s up 44% year-over-year and an EPS of $0.03. That comes

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APD | South Korea's exports down 6.1 percent in Jan

By APD writer AliceSouth Korea's outbound shipments reached US$43.35 billion last month, down 6.1 percent from $46.17 billion a year earlier, according to the data comp

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APD | Japan keeps ultraeasy monetary policy

By APD writer AliceThe Bank of Japan (BoJ) Policy Council has decided to keep short-term interest rates at -0.1% and long-term interest rates at bout 0% and the central

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APD | Japan keeps ultraeasy monetary policy

By APD writer AliceThe Bank of Japan (BoJ) Policy Council has decided to keep short-term interest rates at -0.1% and long-term interest rates at bout 0% and the central bank will also continue the lar

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APD | South Korea's exports down 6.1 percent in Jan

By APD writer AliceSouth Korea's outbound shipments reached US$43.35 billion last month, down 6.1 percent from $46.17 billion a year earlier, according to the data compiled by the Ministry of Trad

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Coronavirus vaccine may be available in 'eight to 12 months'

00:59 The novel coronavirus has spread across borders, with authorities taking measures to prevent the outbreak from becoming a pandemic. One of the avenues of urgent investigation is

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Philippines' Taal Volcano alert level lowered to alert level 3

The Philippine Institute of Volcanology and Seismology downgraded on Sunday the alert level for Taal Volcano from alert level four to alert level three in response to

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APD | Hyundai, Kia expects soaring profits in 2019

By APD writer AliceSouth Korea's leading car makers Hyundai Motor Co. and Kia Motors Corp expected to have their profits improve in 2019, thanks to increased sales of multi-purpose sports cars (SU

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IMF cuts India's GDP estimate by 130 basis points to 4.8 percent for 2019-20

International Monetary Fund (IMF) has cut India's gross domestic product (GDP) growth for 2019-20 by 130 basis point to 4.8 percent that accounted for the lion's share

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IMF trims global growth estimates 2020-21 but sees improving outlook

Improving U.S.-China trade tensions have eased uncertainty and the world economy may have hit bottom but a sharp slowdown in India is creating a drag worldwide, the International Monetary Fund (IM

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Ministry: China built 130,000 5G base stations by end of 2019

The major indicesof China's industrial economy met expectations in 2019, the ministry of industry and information technology said on Monday. China achieved a big increase in its total telecom busi

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OPEC, partners to extend production cut deal to end of 2020: UBS

NEW YORK, Jan. 18 (Xinhua) -- Organization of the Petroleum Exporting Countries (OPEC) and its partners including Russia and others are expected to further extend production cut until the end of 2020

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Hong Kong airport registers decline in passenger, cargo volume in restless 2019

The passenger volume and cargo throughput the Hong Kong International Airport (HKIA) handled in 2019 decreased by 4.2 percent and 6.1 percent respectively compared wit

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African leaders in Togo to help fight fake drug menace

A policeman shows counterfeit medicine tablets during a police raid against shops selling fake medicine and counterfeit drugs at the Adjame market in Abidjan. (Photo credit ISSOUF SANOGO/AFP via

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APD | Philippine’s Taal Volcano erupts, triggers evacuation as tourists banned from traveling to the island

By APD writer Melo M. AcuñaA number of towns surrounding Taal Lake in Batangas province began evacuating residents along the shorelines as increased steaming activities