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Portugal to issue 15-year bonds for 1st time since bailout program

​Portugal is ready to issue 15-year debt bonds for the first time since it received a 78-billion-euro bailout from the European Commission, the International Monetary Fund and the European Central Bank in May 2011, according to local media reports on Tuesday.

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Ireland's tax revenue in first eight months hits almost 1 bn euros above target

​Ireland's tax revenue in the first eight months of the year was running nearly 1 billion euros ahead of target, according to latest exchequer figures on Tuesday.

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S.Korea's financial institutions buy most foreign securities since global crisis

​South Korea's financial institutions bought the most foreign securities in the second quarter since the 2008 global financial crisis, bolstering the recovery in appetite for risky assets, central bank data showed Tuesday.

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Brazil's 2014 growth forecast further lowered

Brazilian financial analysts have cut their economic growth projection for 2014 to between 0.7 percent and 0.52 percent, according to a poll released Monday by Brazilian Central Bank.

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S.Korea, China upgrade partnership on trade, finance, culture: think tank

South Korea and China have upgraded the bilateral partnership since the two nations set up diplomatic relations in 1992, especially on areas of trade, finance and culture, a South Korean think tank said Thursday.

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Portion of S.Korea's short-term foreign debts rises to highest in a year

The portion of short-term foreign debts in South Korea rose to the highest in a year as banks increased borrowing in foreign currency, central bank data showed Wednesday.

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China's FDI inflows falter again in July

Foreign direct investment (FDI) into the Chinese mainland fell sharply again in July, slumping 16.95 percent from a year earlier to 7.81 billion U.S. dollars, the Ministry of Commerce said on Monday.

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China details borrowing from int'l financial institutions

China had used 86.369 billion U.S. dollars in loans from international financial institutions by the end of last year, the Ministry of Finance said on Tuesday.

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China, Central Asian countries open 3rd gas line

The third line of the China-Central Asia Natural Gas Pipeline started to transport natural gas to China, China National Petroleum Corporation (CNPC) announced late Sunday.

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S.Korea's ICT exports reduce 7.5 pct in May on less working days

South Korea's information and telecommunications technology (ICT) exports reduced last month due to less working days, but the industry kept its surplus trend, contributing much to trade surplus in the overall industry, a government report showed Tuesday.

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Thai police launches campaign against World Cup gambling

Thai police on Monday launched an operation center aimed at cracking down on an expected boom in illegal betting on the upcoming World Cup 2014.

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China driving record export earnings for New Zealand primary sector

Exports of New Zealand's agricultural products are set to reach a record 37.7 billion NZ dollars (32.11 billion U.S. dollars) in the year to the end of June, with much of the increase driven by demand in China, according to a government report out Monday.

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S.Korea's short-term foreign debts rebound on bank borrowing

South Korea's short-term foreign debts rebounded as local banks increased borrowing, central bank data showed Wednesday.

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Philippine to enlarge airforce arsenal

The Philippine government has set aside 16.26 billion pesos (369.54 million U.S. dollars) to buy new air assets, a military official said Wednesday.

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Russia softens tone in gas disputes with Ukraine

Russia said Wednesday it would resume gas price talks with Ukraine if Kiev pays off part of its mounting gas debt, in an apparent move to soften its tone in gas disputes with the Eastern European country.

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Mistral-class helicopter carrier to join Russian Black Sea Fleet

Russia's Black Sea Fleet said Tuesday that it would receive a French-made Mistral-class helicopter carrier, without revealing the exact time of deployment.

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Australia's conservative coalition government delivers tough budget

Australia's conservative coalition government on Tuesday delivered a tough 2014-15 budget, highlighted by spending cuts, tax increases and substantial public sector job losses.