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Fragile Egypt under pressure in paying off huge foreign debts

​Egypt's foreign currency reserves might slide more as the North African country is set to pay back around two billion U.S dollars of its foreign debts this year, economic experts warned on Wednesday.

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Russia to take measures to stabilize currency market

​The Russian government has worked out measures to stabilize the currency market, Economy Minister Alexei Ulyukayev said Tuesday.

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Foreigners sell S. Korean stocks for 2 months on strong dollar

​Foreigners have sold South Korean stocks for two months in a row as the local currency's fall to the U.S. dollar fueled worries about foreign exchange losses, financial watchdog data showed Monday.

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Indonesia to speed up entrance procedures for cruise ships, yachts

​In a bid to tap more tourism potential from maritime sector, Indonesia is expected to simplify the entrance procedures for cruise ships and yachts that plan to sail around isles across the archipelago nation, a senior official said here on Wednesday.

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Door to open wider for foreigners in owning houses in Vietnam

​Foreigners may be able to buy and own houses more conveniently in the near future in Vietnam as most of the deputies at the ongoing Vietnam's National Assembly meeting said "yes" with the drafting of expanding subjects and conditions for foreign organizations and individuals to buy and own houses in the country.

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EU prepares possible coordinator on Ebola, says foreign policy chief

​The European Union foreign policy chief Catherine Ashton said on Monday that the EU was preparing terms of reference for a possible coordinator who can ensure the most effective engagement between the bloc, its member states and the United Nations.

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Death toll rises in Nepal snowstorm

​Death toll in snowstorm and avalanche that occurred in Mustang and Manang districts have continued to rise Wednesday, according to authorities.

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Japan logs current account surplus for 2nd straight month in August

​Japan logged a current account surplus for the second consecutive month in August, standing at 287.1 billion yen (2.65 billion U.S. dollars), as firm income from investments overseas outweighed a trade deficit, government data showed Wednesday.

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Myanmar takes more measures to boost tourist arrivals

Myanmar's immigration authorities have allowed online electronic (e)-visa to tourists from 24 more foreign countries aimed at attacting more tourists to the Southeast Asian nation.

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Myanmar grants 9 foreign banks permission to operate amid financial reform efforts

​Myanmar has made a new move in its financial reform efforts, granting preliminarily on Wednesday a total of nine foreign banks permission to open branches for financial service operations in Myanmar for the first time in more than five decades.

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China opens gold market to foreigners

Foreigners are now have access to China's gold market after the Shanghai Gold Exchange (SGE) launched its international board on Thursday.

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Cuba to hold int'l trade fair to attract foreign investment

Cuba will hold the 32nd International Trade Fair of Havana (FIHAV 2014) on Nov. 2-8 to attract foreign investment in its priority economic sectors, an official said here Tuesday.

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FDI inflows continue to drop in August

Foreign direct investment (FDI) into the Chinese mainland dropped 14 percent in August from a year earlier, settling at 7.2 billion U.S. dollars, the Ministry of Commerce (MOC) said on Tuesday.

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S. Korea to brace for swing in FX, rate differential from Fed, ECB, BOJ

​South Korea's top central banker said Tuesday that the central bank will brace for a possible swing in the foreign exchange rate and the difference between local and foreign interest rates that may come from monetary policy changes in major economies.

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Argentina, Egypt pledge to strengthen cooperation

Foreign ministers of Argentina and Egypt on Sunday reaffirmed the need to strengthen bilateral cooperation during a meeting held in Cairo, Argentine Foreign Ministry said in a statement.

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China's antitrust probes not selective: official

China's antitrust law enforcement is neither selective nor targeting any particular market entities or foreign firms, an official said on Thursday.

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Obama's baffling foreign policy under scrutiny as Islamic militants advance in Mideast

​U.S. President Barack Obama has baffled observers for appearing to sit on his hands in the face of major foreign policy crises in the Middle East and elsewhere.