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China, U.S. maintaining normal economic, trade communications: MOFCOM

China and the U.S. have been maintaining normal communications in areas of economy and trade, said Gao Feng, spokesperson for China's Ministry of Commerce (MOFCOM), at a regular press conference on T

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BRICS bank loans China billions for post-epidemic recovery

The BRICS New Development Bank (NDB) announced Tuesday that it approved 7 billion yuan ($1.08 billion) of emergency assistance program loans to support China's economic

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IMF says baseline assumption is for "partial recovery" in 2021

The International Monetary Fund Managing Director Kristalina Georgieva said Thursday that if the COVID-19 pandemic fades in the second half of the year, the multilateral lender's baseline assumption

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All coronavirus-infected patients discharged in China's plateau province

All coronavirus-infected patients in northwest China's Qinghai Province have been discharged from hospital as of Friday. On Friday morning, the last two infected patie

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Nipple stickers at the ready, we try Hong Kong’s first cryosauna – at minus 130 Celsius

Polaris Wellness offers cryotherapy sessions that it claims reduce post-exercise soreness and speed up recovery. Health editor Jeanette Wang puts its super chilled chamber to the test

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Aussie TV crew arrested for kidnapping in Lebanon to fight charges: media

An television crew will fight charges of kidnapping over their involvement in the allegedly botched abduction and recovery of an Australian mother's children, local media reported Wednesday, in a case that's brought journalism ethics into question.

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S. Korea's industrial output growth hits 4-year high

​Industrial output growth in South Korea hit the highest in about 4 years in February, indicating that the economy may resume recovery, a government report showed Tuesday.

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China's manufacturing activity at three-month low: HSBC

China's manufacturing expanded at a slower pace in August, a sign of weak momentum in its ongoing economic recovery.

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Eurozone economy to grow over 1 pct in 2014: IMF

The eurozone economy is expected to grow just over 1 percent this year before expanding 1. 5 percent in 2015, the International Monetary Fund (IMF) said on Monday.

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Taiwan's economy recovers in Q4 2013

Taiwan's economy showed clear signs of recovery during the fourth quarter of 2013, boosting annual GDP growth to 2.19 percent, the island's budget authority announced on Tuesday.

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PMI survey indicates continued economic recovery in eurozone

A survey released by a market research company on Monday showed that the economic recovery in the eurozone accelerated at the end of 2013.

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UN to continue to help Philippines rebuild: UNDP regional director

A senior official with the UN Development Program (UNDP) said here Monday that providing humanitarian relief to survivors of Typhoon Haiyan in the Philippines remains a priority for the organization and its partners.

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Japan says economy recovering

The Japanese Finance Ministry sounded an upbeat tone about the country's economy on Wednesday, using recovery in its assessment for the first time in nearly six years.

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G7 FinMins meeting closes with agreement to promote bank reforms

The two-day finance ministers and central bank governors meeting of the Group of Seven (G7) closed at the Hartwell House in Aylesbury of Buckinghamshire, southern England, on Saturday with no substantial agreements announced.

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Bernanke warns threat from

The combination of tax hikes and spending cuts would pose a " substantial threat" to U.S. economic recovery.

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Bernanke warns threat from

U.S. Federal Reserve chairman Ben Bernanke Tuesday urged the Congress and Obama administration to strike a deal to avert the looming "fiscal cliff", saying the combination of tax hikes and spending cuts would pose a " substantial threat" to the country's economic recovery.