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Elizabeth Crofoot explains why more U.S. states raising minimum wage

05:10 CGTN'S Rachelle Akuffo spoke with Elizabeth Crofoot, senior economist for The Conference Board, about the move in U.S. states to raise the minimum wage in 2020.

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The sun to be cooler by 2050: study

Thesunmightbeunusuallycoolby2050,accordingtoanewstudy.Basedonthecoolingspiralofrecentsolarcycles,scientistsfromUniversityofCalifornia,SanDiegobelievethenext"gra

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China’s State Council scraps limits for foreign financial institution

Foreign financial institutions were allowed to expand their businesses in previously restricted areas. The State Council issued a new negative list on Friday scrapping some restrictions for foreign financial institutions established in the China (Shanghai) Pilot Free Trade Zone.

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China’s State Council scraps limits for foreign financial institution

Foreignfinancialinstitutionswereallowedtoexpandtheirbusinessesinpreviouslyrestrictedareas.TheStateCouncilissuedanewnegativelistonFridayscrappingsomerestrictions

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Japan's taxi industry prepares for fiercer competition

The taxi industry is improving its services to prepare for fierce competition with emerging on-demand ride-hailing services and other start-up companies.

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Myanmar gov't launches low-cost housing project amid minimum wage issue

​Myanmar government is launching a low-cost housing project for workers in industrial zones to help share the cost burden that private factories must bear following the enactment of a national minimum wage on Sept. 1, reports said on Tuesday.

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Introduction of new minimum wage in Myanmar leaves 500 unemployed

​The introduction of a new minimum wage on workers in Myanmar has initially left about 500 workers sacked, an official report said Monday.

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Some major global brands back Myanmar's minimum wage proposal

Some major global brands have voiced support for the Myanmar government's proposed minimum daily wage proposal, saying that a guaranteed pay rate would help promote investment in the country's garment industry and raise the living standard of its workers, an official report said Thursday.

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Obama signs order raising minimum wage for federal contract workers

U.S. President Barack Obama signed an executive order formally raising the minimum wage for federal workers during an event Wednesday at the White House.

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Obama plays small ball in outline of 2014 agenda

U.S. President Barack Obama played it safe with Tuesday night's State of the Union Address -- so safe that experts said his proposals are unlikely to help a struggling middle class.

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Merkel's conservatives hold decisive talks with SPD on coalition gov't

German Chancellor Angela Merkel's conservatives held a third round of exploratory talks on Thursday with the Social Democrats (SPD) on forming a coalition government to rule Europe's largest economy for the next four years.

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Malaysia defers minimum wages implementation

The Malaysian government has approved the delayed implementation by SMEs of new minimum wage standard for their foreign workers, local media reported Wednesday.

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Cambodia's garment workers to get pay rise for 2013

Garment Manufacturers Association of Cambodia (GMAC) on Monday agreed to increase salaries for the workers in the kingdom's garment and footwear industries, according to a press release after a closed door meeting.