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Hong Kong reclaims crown as world's most competitive economy as Singapore slips a spot to 4th

Despite constant concerns that Hong Kong is losing its edge to mainland and regional rivals, the city has reclaimed the title of the world’s most competitive economy, according to the IMD World Competitiveness Centre.

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China's active role in G20 to benefit world economy

China's active participation in the G20 will make the world better off economically and financially, a Mexican expert said Tuesday.

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China looks for clues to US Fed's intentions as punters eye rate rise in June

When senior officials from Washington and Beijing meet next month to discuss a series of thorny issues, China might also try to seek clearer clues on the US Federal Reserve’s next move, ­analysts said.

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Is G7 mechanism still relevant enough to tackle global, regional issues?

After a series of ministerial meetings of the world's seven major industrialized economies, the long-awaited Group of Seven (G7) leaders'summit will finally be held Thursday in Ise-Shima in central Japan covering a series of urgent and important global and regional issues.

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Is G7 mechanism still relevant enough to tackle current global, regional issues?

After a series of ministerial meetings of the world's seven major industrialized economies, the long-awaited Group of Seven (G7) leaders'summit will finally be held Thursday in Ise-Shima in central Japan covering a series of urgent and important global and regional issues.

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G7 finance chiefs remain apart on forex market, coordinated policy

​Finance chiefs of the Group of Seven (G7) remained apart over the foreign exchange rate and coordinated step to boost public spending so as to improve world economy growth after their two-day meeting in Sendai in northeast Japan on Saturday.

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In Japan's slow economy, rare price rise prompts surplus of remorse

One of the most talked-about television commercials in Japan this year advertises an unusual product: contrition.

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Economic worries give way to cautious optimism in Philippines after Rodrigo Duterte's election

The election of controversial politician Rodrigo Duterte to the nation's highest office has so far had little impact on the robust Philippine economy. In fact, quite the reverse has happened since the polls on Monday.

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China braces for L-shaped growth, rising risk

China's economy will tend towards L-shaped growth as deep-rooted problems persist and new challenges emerge, according to an exclusive interview with an "authoritative figure," a term usually reserved for high-ranking officials, in The People's Daily on Monday.

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More private investment will put China's recovery on firmer ground

​While China's economy recovery has its foundation in government spending on infrastructure, falling private investment is breeding concern that ground for the resurgence may not be firm enough.

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China's credit surge augurs no restart of massive stimulus

​Data showing an increase in loans has fanned speculation that the government may turn to a massive stimulus program, a move that would pose a risk to global financial market.

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Nepalese economy struggles to recover 1 year after quake

Nepalese economy, hit hard by last year's deadly earthquake, is struggling to revive as the government's spending in reconstruction and other development activities has remained poor.

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Obama and Merkel defend U.S.-EU free trade agreement

The United States President Barack Obama and German Chancellor Angela Merkel defended a free trade agreement under negotiations between the U.S. and European Union on Sunday, saying the agreement will benefit the economy on both sides of the Atlantic.

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Chinese economy sees rosy start, pressure remains

The Chinese economy was off to a good start in the first quarter, with the real economy gaining momentum thanks to previous policy stimulus and ongoing economic rebalancing.

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Iran's top leader urges gov't to follow "resistance economy" policies

Iran's Supreme Leader Ayatollah Ali Khamenei on Wednesday urged the government to seriously pursue and implement the general policies of "resistance economy."

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China urges S&P to make objective judgement

China on Friday dismissed the decision by ratings agency Standard Poor's (S P) to lower its outlook on China, and urged the agency to make "objective judgement."

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Japan's economic indicators point to recession, tax hike delay, possible snap election

​Japan's industrial output tumbled a seasonally adjusted 6.2 percent in February as exports remained strained on falling demand, raising concerns that the world's third-largest economy may be heading into another recession, the government said on Wednesday.