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Bank of Japan unveils emergency measures over virus

The Bank of Japan (BOJ) on Monday unveiled a series of emergency monetary policy measures to shore up the world's third-largest economy, as the coronavirus pandemic threatens a global recession.In a

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Fed slashes key interest rate, rolls out massive response to pandemic

Faced with a growing economic shutdown from the coronavirus pandemic, the U.S. Federal Reserve on Sunday announced drastic emergency measures to shore up confidence and keep the financial sector runn

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COVID-19 Global Roundup: How major economies have reacted financially

Editor's note: This is the fourteenth article in the COVID-19 Global Roundup series. Here is the previous one.As the economic fallout from the coronavirus pandemic has pungently magnified, policym

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Xinhua Photos of the Day (March 16)

Beijing, March 16 (Xinhua) -- The world in the past 24hrs. A selection of the best daily press photos from Xinhua.Local residents wait in lines outside a Costco supermarket in Los Angeles, the United

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Spotlight: U.S. Fed cuts rates to near zero amid coronavirus fallout

In a surprise announcement, the U.S. Federal Reserve on Sunday cut its benchmark interest rate by a full percentage point to near zero and pledged to boost its bond ho

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NE China's Jilin reports zero increase in novel coronavirus infections

The northeast China province of Jilin on Monday became the latest in a crop of Chinese provincial-level regions that have reduced the number of COVID-19 patients to ze

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U.S. stock futures tumble after Fed slashes rates

NEW YORK, March 15 (Xinhua) -- U.S. stock futures plunged late Sunday after the Federal Reserve cut rates to near zero and unleashed additional measures amid the virus crisis. The U.S. central bank o

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U.S. Fed cuts rates to near zero amid coronavirus fears

The U.S. Federal Reserve on Sunday cut its benchmark interest rate by a full percentage point to near zero and will increase its bond holdings by at least 700 billion

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US slashes federal interest rates in response to the coronavirus pandemic

The Trump administration has slashed federal interest rates as part of an effort to stabilize the economy following a rocky week on the financial markets.The U.S. Federal Reserve cut interest rates to

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SpaceX aborts launch attempt of sixth batch of Starlink satellites due to engine power issue

SpaceX was attempting to launch its sixth batch of Starlink internet broadband satellites, but the launch was aborted when the countdown timer reached zero. On the live feed of the launch, SpaceX eng

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More Chinese provinces cleared of COVID-19 cases

According to initial counting by Xinhua, 11 provincial-level regions on the Chinese mainland are clear of the novel coronavirus infections after their last COVID-19 pat

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Scandal-hit French skating elects president in chaotic vote

Nathalie Pechalat (L) and Fabian Bourzat of France during the ISU Figure Skating World Championship in Nice, France, March 29, 2012. /VCG Former ice dance champion Nathalie Pechalat was elect

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Scandal-hit French skating elects president in chaotic vote

Nathalie Pechalat (L) and Fabian Bourzat of France during the ISU Figure Skating World Championship in Nice, France, March 29, 2012. /VCG Former ice dance champion Nathalie Pechalat was elect

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No new COVID-19 cases doesn't mean zero risk: Expert

VCG Some provinces and regions in China have not reported new coronavirus cases for days now, but an expert has warned that zero new cases doesn't mean zero risk, as the possibility of resurge

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'Cradle of democracy' is an illusion as U.S. ignores human rights

Editor's note: Seymur Mammadov is the director of the international expert club EurAsiaAz and editor-in-chief of Azerbaijan's news agency Vzglyad.az. The article reflects the author's opinions, an

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China's RRR cuts more effective than global rate cuts to combat virus

Editor's Note: Jimmy Zhu is chief strategist at Singapore-based Fullerton Research. The article reflects the author's opinion, and not necessarily the views of CGTN.The People's Bank of China's (PBOC

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Who created the global refugee crisis?

A woman feeds her child at Vial refugee camp of Chios, Greece, on December 23, 2019. /Xinhua Editor's note: Iram Khan is a Pakistan-based commentator on international and commercial affairs. T