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South African rand holds gains after rate hike

South Africa's rand held steady against the dollar early on Friday, trading at its strongest level in more than a month after the central bank delivered a higher than f

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China opposes Canada's divestment order on lithium mining

China's Ministry of Commerce on Sunday said it firmly opposes Canada's divestment order on Chinese companies as Ottawa is using national security as a pretext.On Wednes

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Frontex using aircraft to monitor Channel crossings between UK and France amid migrant crisis

The European Border and Coast Guard Agency, also known as Frontex, has deployed a plane to support French and Belgian authorities trying to spot illegal boat crossing a

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China's central bank rolls out new lending tool for carbon reduction

The People's Bank of China (PBOC), the country's central bank, said on Monday that it has rolled out a supporting tool for carbon reduction as part of efforts to facili

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Xunpu, the Chinese village with African and Arabic influences

01:13 China's southeastern province of Fujian began trading with Africa as early as the Song Dynasty in the 10th century. Some 1,000 years later, tourists can still spo

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East Africa, India sign joint action plan to boost trade

The East African Community (EAC) trading bloc and India have signed a joint action plan to boost bilateral trade by ensuring faster clearance of goods, officials said d

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Robinhood on Wall Street: What it means for online traders

04:20 On Jul 29, online stock trading platform Robinhood, which played a major part in the GameStop stock frenzy at the beginning of 2021, went public on Wall Street, with an initial pu

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GM lifts profit outlook on strong pricing despite chip shortage

General Motors lifted its 2021 profit forecast Wednesday on strong vehicle pricing amid limited car inventories due to the semiconductor chip shortage.The big U.S. auto

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China launches Hainan International Art Trading Center

China has launched the Hainan International Art Trading Center, a major part of its master plan to boost the Hainan Free Trade Port (FTP), in Haikou, south China's Hainan Province.The project, sup

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Suspected methyl formate leak kills 8, injures 3 in SW China's Guiyang

A suspected leak involving methyl formate killed eight people and left three injured in Guiyang, capital of southwest China's Guizhou Province, local authorities said o

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Japan says TPP members agree to start process for UK to join

A woman exercises with a dog near the City of London financial district, in London, Britain, April 30, 2021. /Reuters The 11 members of the Trans-Pacific Partnership (TPP) decided Wednesday to

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More Americans trading stocks despite pandemic’s economic impact

02:14 Americans are now putting more of their money into stocks than ever before.Despite the coronavirus pandemic causing economic havoc in the U.S., more and more people have started t

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China's securities regulator aims to stop large foreign capital flows

Fang Xinghai (second from the left), vice chairman of China Securities Regulatory Commission, attends a panel in Boao Forum for Asia Annual Conference on April 19, 2021

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CMG Copyright Trading Center boosts cooperation in Shanghai

Shen Haixiong(L), president of CMG, Zhou Huilin (R), a member of the Standing Committee of the CPC Shanghai Municipal Committee and head of Shanghai Publicity Departmen

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Petrol bombs thrown at police in Northern Ireland

Police officers in Northern Ireland on Monday confirmed that they had been attacked with petrol bombs and bricks in unrest which lasted for three consecutive nights.On Friday, 27 police officers were

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China cuts import tax on semiconductors to buff up the sector

China announced new import tax cuts on semiconductors on Monday to buff up its domestic sector amid a global shortage of chips caused by the COVID-19 pandemic.From July 2020 to the end of 2030, chipm

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Trading up on carbon for a greener future in China

01:09 China lifted nearly a billion people out of poverty with an industrial transformationunrivaledin the modern age.But it was achieved with considerable cost to its