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Media mogul pips mining magnate Gina Rinehart as Australia's richest person

Mining magnate Gina Rinehart is no longer Australia's richest person after Forbes Australia announced Australian resident Blair Parry-Okeden has ended her five year reign.

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Indonesian president meets Singaporean FM

Indonesian President Joko Widodo on Wednesday held a meeting with Singaporean Foreign Minister Vivian Balakrishnan at the State Palace, agreeing to step up bilateral ties and mutually-beneficial cooperation.

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Indonesia remains cautious over Chinese economy

Despite improvement in the domestic economy, Indonesia must remain aware of the ‘China effect’ as that country’s volatile stock market and depreciating currency will affect Indonesia’s stock market and the rupiah due to capital outflows.

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Chinese firms step up overseas property investment

Confronted with a downturn in the domestic property market, China's deep-pocket investors are speeding up purchases of overseas assets to increase both profit and presence in the global arena.

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White House defends Obama's rejection of Keystone pipeline over TransCanada lawsuit

The White House said Thursday that it is confident that the Obama administration acted lawfully in rejecting the proposed Keystone XL pipeline project, in response to a lawsuit filed by TransCanada against the U.S. government

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China's IPO fundraising to hit $40b, largest worldwide

Fundraising by China's new IPOs in 2016 is estimated to hit 250 billion yuan ($40 billion) to 300 billion yuan this year, making the A-share IPO market the biggest one globally, accounting firm PricewaterhouseCoopers said on Monday.

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China’s Tech Sector Likely Faces Tougher Sledding in 2016

Harsher fundraising environment prompts some startups to tighten spending, consider merging with rivals.

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Myanmar suffers trade deficit in 1st 8 months of 2015-16 FY

Myanmar has suffered over 3.713 billion U.S. dollars trade deficit in the first eight months of 2015-16 fiscal year, according to official statistics issued on Tuesday.

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Tourism overtakes dairy as biggest New Zealand export earner: industry

​Tourism has overtaken the dairy industry to become New Zealand's top export earner, the main tourism industry organization said Wednesday.

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HK records BoP surplus of 71.5 bln HKD in Q3

​Hong Kong recorded a Balance of Payments (BoP) surplus of 71.5 billion HK dollars (about 9.22 billion U.S. dollars) (as a ratio of 11.6 percent to GDP) in the third quarter of 2015, Hong Kong's Census and Statistics Department (C&S) announced on Monday.

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HK's IPO fundraising reaches world's highest in 2015

​Hong Kong's IPO fundraising from Jan. 1, 2015 to Dec. 15, 2015 was 246.5 billion HK dollars (about 31.8 billion U.S. dollars), the world's highest for the period, the Hong Kong Exchanges and Clearing Limited (HKEx) said.

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Death toll from typhoon Melor rises to 35 in Philippines

Death toll from typhoon Melor, locally named as Nona, increased to 35, while damages to infrastructure and agriculture sectors breached 2 billion pesos (57.08 U.S. dollars) in the Philippines, the state disaster management agency said Sunday.

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Fires cost Indonesia $22b, twice the tsunami bill: World Bank

Indonesia's economy took a 221 trillion rupiah (S$22.1-billion) hit this year from forest fires that cloaked South-east Asia in haze, more than double the sum spent on rebuilding Aceh after the 2004 tsunami, the World Bank said on Tuesday (Dec 15).

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Indonesias trade balance swings to 350 mln USD deficit in Nov as investment grows

Indonesia's trade performance in November unexpectedly flipped to 350 million U.S. dollars deficit from 1.02 billion U.S. dollar surplus in October due to rising imports amid weakening export, national statistic bureau said here on Tuesday.

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S.Korea's USD deposits reduce first time in 5 months

The U.S. dollar-denominated deposits in South Korea reduced for the first time in five months, central bank data showed Friday.