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Bank account freeze of Russia Today exposes West's hypocrisy over free press

Barclays' freeze of the account of Russia's Rossiya Segodnya, commonly known as Russia Today (RT), once again shows the West's double standards over free press.

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Senior State Department official says staff's private email servers "not acceptable"

​A senior official with the U.S. Department of State said Wednesday it is "not acceptable" for any staff to conduct official business via private email account as presidential contender Hillary Clinton did during her tenure as head of the department.

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Financial reform to speed up in Shanghai FTZ

Financial reform is about to move faster in the Shanghai free trade zone (FTZ), a central bank official said on the eve of the zone's first anniversary.

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South Korea's current account surplus reduces to 7.27 bln USD

​South Korea's current account surplus reduced to 7.27 billion U.S. dollars in August due to seasonal factors such as a deficit in the travel account at the peak of summer vacation, central bank data showed Monday.

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Shanghai FTZ to roll out free trade account

Rules on implementation of the free trade account system that enables full convertibility of the Chinese currency and allows offshore financing in the Shanghai Free Trade Zone will be rolled out before the end of June, an official said Tuesday.

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Japan logs record current account deficit on rising import cost

Japan logged its largest current account deficit in November 2013, marking the second straight month of red ink as a weaker yen pushed up costs for energy imports, but failed to buoy Japan's key export sector, according to data issued by the Finance Ministry Tuesday.

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S.Korea's current account surplus hits record high on solid exports

South Korea's current account surplus hit a fresh record high last month when exports topped 50 billion U.S. dollars for the first time in the country's history, central bank data showed Thursday.

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China cautiously hastens capital account reform

China's latest call for an "operational plan" to achieve yuan convertibility under the capital account has raised the prospect of a specific reform timeline, although the government will likely conduct the reform step-by-step rather than all at once, analysts said.

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Hacked AP Twitter account sends bogus news about Obama injury, stock market plum

The main twitter account of the Associated Press was hacked on Tuesday afternoon, sending out a false news claiming that Obama was injured in a White House explosion, which caused a sharp drop and a quick rebound in the U. S. stock market.

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S. Korea wage deficit hits record high

South Korea has seen the largest wage and income account deficit, renewing the all-time high registered in 2011.