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China releases new industry catalog encouraging foreign investment

China's National Development and Reform Commission (NDRC) and the Ministry of Commerce on Monday jointly released a 2020 version of the catalog of industries that encou

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ByteDance applies for tech export license in China

Bytedance said early Thursday that it has applied for a license with Beijing commerce authority in line with China's tech export requirements and is now waiting for a decision.The application comes a

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U.S. economy contracts 5.0 pct in Q1 in revised estimate

U.S. economic activity in the first quarter contracted at an annual rate of 5.0 percent in second estimate, 0.2 percentage point lower than advance estimate, the U.S.

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U.S. weekly jobless claims top 5.2 million

A total of 5.245 million more Americans have filed for unemployment benefits in the week ending April 11 as the coronavirus pandemic continues making impact in the country.According to latest U.S. De

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Google faces revised gender-pay lawsuit

Googleisfacingarevisedgender-payclass-actionlawsuitthatallegesGoogleunderpaidwomenincomparisonwiththeirmalecounterpartsandaskednewhiresabouttheirpriorsalaries,T

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U.S. stocks decline after Congress passes tax bill

U.S.stocksslidonWednesdayastheU.S.CongresspassedarevisedRepublicanbilltooverhaultheU.S.taxcodeoverthreedecades.TheDowJonesIndustrialAveragedecreased28.10points,

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India's Snapdeal board approves Flipkart's $900-$950 million takeover of

TheboardofIndianonlinemarketplaceSnapdealacceptedbiggerrivalFlipkart'srevisedtakeoverofferof$900million-$950millionlastweek,twosourcesfamiliarwiththemattersaido

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Japan passes law to regulate virtual money dealing

​Japan's House of Councillors passed a revised law Wednesday to regulate the dealings of virtual currencies including bitcoin, so as to prevent their use in terrorism or money laundering and protect the interests of the owners.

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Japan OKs law to lower voting age to 18, biggest reform in 70 years

​The Japanese parliament on Wednesday passed a revised law to lower the country's voting age from 20 to 18, marking the biggest reform of the election system in 70 years.

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Japan lowers voting age to 18, eyes amending war-renouncing constitution

Japan's minimum voting age was officially lowered to 18 from 20 as a revised national referendum law took effect on Friday, in a effort by Prime Minister Shinzo Abe to amend the country's war-renouncing pacifist constitution.

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Japan minimum wage to rise 15 yen per hour on average

Japanese workers' minimum wages will increase 15 yen on a yearly basis to 764 yen per hour after revised wage tariffs take effect in the country's 47 prefectures in October, local media reported Wednesday.