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China-proposed AIIB is a gift to world

As countries continue filing applications to join the Asian Infrastructure Investment Bank (AIIB), the eagerness for participation indicates an unmet niche for such a service.

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Yearender: Top 10 Chinese athletes in 2014

Following are the top 10 Chinese athletes in the year of 2014 selected by Xinhua News Agency.

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SAARC strives to gain momentum with fresh integration pledges

​The 18th South Asian Association for Regional Cooperation (SAARC) summit ended here Thursday with mixed results highlighting the challenges the bloc faces in its integration process.

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Vietnam exempts tax for trust fund of ASEAN+3

Vietnam's Ministry of Finance on Tuesday issued a dispatch on procedures to exempt tax for Credit Guarantee and Investment Facility (CGIF), a trust fund with contribution of 10 members of the Association of Southeast Asian Nations (ASEAN) together with China, Japan, Republic of Korea ( ASEAN+3) and the Asian Development Bank.

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Growing China to contribute more to Asia development: Xi

Chinese President Xi Jinping said Wednesday the prospect for Asian countries' cooperation is promising and a growing China will make bigger contribution to Asian development.

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Brunei Athletes to Incheon Asian Games

Brunei sent a contingent of 19 athletes, coaches and officials to the 2014 Asian Games and the team led by Chef de Mission Mariam Ulat left here Sunday to Incheon, South Korea.

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Asia markets seek reform in testing times

Senior economists have been proposing adjustments to the export-reliant economic models of developing countries after an address on the subject at the ongoing Boao Forum for Asia 2014 Annual Conference.

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Asian emerging economies to face volatility caused by U.S. tapering

While U.S. Federal Reserve's monetary path is oriented to the tightening side, most analysts believed Asian emerging economies will be quite well-positioned to deal with the market volatility caused by U.S. tapering of monetary stimulus.

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Biden says U.S. will continue betting on S. Korea

U.S. Vice President Joseph Biden said here Friday that the United States will continue to bet on South Korea.

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Selective buying strategy should be adopted for investing in Asian bonds

As U.S. Federal Reserve surprisingly delayed the reduction of its bond purchases in September, most Asian bonds have enjoyed good recovery to date, but analysts cautioned investors against buying fixed incomes of the region indiscriminately.

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Deepened China-ASEAN cooperation to safeguard financial stability

Although some Southeast Asian markets have recently been jolted by global volatility, deepening financial cooperation between China and the Association of Southeast Asian Nations could become a mainstay of growth and financial stability, according to economists attending the 10th China-ASEAN expo.

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HKEx chief leads LME towards Asian market

Hong Kong Stock Exchange (HKEx) is set to become the "enabler" to help London Metal Exchange (LME), the world's biggest metals bourse, to further expand business in Asia, HKEx chief executive Charles Li Xiaojia said in an interview on Wednesday.

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HKUST Ranks No 1 in Asia for third straight year

The Hong Kong University of Science and Technology (HKUST) was just named the top university in Asia for the third straight year by the a British educational agency, Quacquarelli Symonds (QS) University Rankings: Asia. 

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China, South Asia jointly weather financial crisis

Trade officials from China and South Asian countries at the just-concluded 1st China-South Asia Expo proposed to strengthen cooperation and maintain economic growth amid the lackluster economic rebound.

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Recent strengthening of U.S. dollar could weaken most Asian currencies

As the U.S. dollar strengthened further after Fed Chairman Bernanke indicated the possibility of scaling back quantitative easing and after discussions among Fed officials of exiting from monetary stimulus during the Federal Open Market Committee meeting last week were revealed, financial analysts here have predicted that majority of the Asian currencies may decline for quite some time to come.