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China Development Bank lends 409 bln yuan for shanty town renovation

China Development Bank, a wholly state-owned policy bank, granted 408.6 billion yuan (66.8 billion U.S. dollars) in 2014 in financial loans to support shanty town renovation projects, according to the bank.

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Japan adopts new stimulus package to drive economy

The Japanese government on Saturday approved an emergency economic stimulus package worth about 3.5 trillion yen (about 29.06 billion U.S. dollars) to drive regional economies hit by higher prices due to sales tax hike and the yen's fast retreat.

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Myanmar to expand check point at border trade zone with China

Myanmar's commerce authorities are planning to expand the existing check point at Muse Border Trade Zone with China in light of increased trade between the two countries, a semi-official media reported Monday.

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Japan's trade deficit edges down in Nov. as crude oil dives

​Japan logged a good trade deficit of 891.9 billion yen (about 7.66 billion U.S. dollars) in November, down 31.5 percent from the previous year, government data showed Wednesday

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Smartphone subscription to reach 6.1 bln by 2020

Ninety percent of people aged six years and over will have mobile phones by 2020, when the number of smartphone subscription is set to reach 6.1 billion, the latest Ericsson Mobility Report reveals.

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Chinese car rental company eHi debuts on NYSE

​China's leading car rentals and services provider eHi Car Services Limited listed its shares on the New York Stock Exchange on Tuesday.

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India's trade deficit rises to 13.35 bn USD in October

​India's exports contracted by 5.04 percent to 26 billion U.S. dollars in October while imports grew by 3.62 percent, leaving a trade deficit of 13.35 billion dollars, government data showed on Monday.

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Hong Kong stocks close 1.21 pct lower after launch of Shanghai-HK Stock Connect

Hong Kong stocks close 1.21 pct lower after launch of Shanghai-HK Stock Connect

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China pledges over 20-bln-USD loans to boost Southeast Asian connectivity

China on Thursday offered loans worth over 20 billion U.S. dollars to support Southeast Asia's connectivity construction.

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Singles' Day sales boom breaks records

The online buying fiesta on this year's Nov. 11, also China's Singles' Day, smashed records, with e-commerce giant Alibaba ringing up sales of over 5 billion yuan, thanks to the world's biggest online retail sales day.

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Canadian stock market rises over trade deals with China

​Canada's main stock market went higher Monday following trade deals with China.

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Japan's current account surplus at record low in H1

​Japan's current account surplus for the first half of the fiscal 2014 stood at a record low at 2,023.9 billion yen (about 17.62 billion U.S. dollars) in the period from April to September, the Japanese Finance Ministry said Tuesday.

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Coal heat slumps to cold plight

Huge deficit and shrinking coal consumption are dragging Chinese coal enterprises into the abyss as the ongoing energy regulations encourage the sector to find a solution.

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Alibaba reports first quarterly results after IPO

​Chinese e-commerce giant Alibaba released its first quarterly financial results on Tuesday since successfully completing the world's biggest initial public offering in September.

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Nissan posts 24.9 pct rise in H1 group net profit on brisk SUV sales in U.S.

Nissan Motor Co. announced Tuesday a 24.9 percent year-on-year rise in its group net profit for the fiscal first half and a 16 percent rise in its net profit in the July to September period, citing robust sales in the United States of its crossover SUV models compensating for lackluster sales here.

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China's film box office to hit 4.9 bln USD in 2014

The Chinese box office is expected to hit 30 billion yuan (4.9 billion U.S. dollars) in 2014, according to China's film association.

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S.Korea posts current account surplus for 31 months

​South Korea posted a current account surplus for 31 months in a row due to robust export growth, central bank data showed Wednesday.