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Shenzhen moves to stabilize property market

​Shenzhen on Tuesday rolled out a spate of measures, including higher down payments and purchase restrictions, in its latest attempt to stabilize the red-hot property market.

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Instagram says advertisers more than double in six months

Facebook Inc's Instagram said on Thursday its advertising base more than doubled to exceed 500,000 in the last six months.

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Apple's iPhone 7 more expensive to make: IHS Markit

Apple is spending more to manufacture its iPhone 7 smartphone than predecessor iPhone 6S due to features such as a bigger battery and larger storage capacity, according to a teardown by IHS Markit Ltd.

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Number of migrants crossing Med to Europe in 2016 passes 300,000

More than 300,000 migrants have crossed the Mediterranean to Europe so far this year -- far fewer than the 520,000 who arrived during the first nine months of 2015, the UN said Tuesday.

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Tibet reinvents itself as a channel to South Asia

Prakash, a thangka dealer from Nepal, brought over 1,000 of the scroll paintings to the China Tibet Tourism and Culture Expo, after the 200 thangka he brought last year were quickly snapped up.

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Match makers' market draws desperate parents

People's Park in Shanghai is the setting for an extraordinary marriage bureau, as elderly parents attempt to find partners for their unattached 30-something children.

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China's bookshops struggle to turn page in profitability

On a recent weekend evening at the western end of Shanghai’s leafy Hengshan Road, a three-storey bookstore was filled with young people. But most of them were taking photos instead of reading.

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Blacks in Britain twice as likely as whites to be murdered: warns gov't equality chief

Failure to tackle deep-rooted race inequality will exacerbate divisions in British society unless urgent government action is taken, the new chair of the Equality and Human Rights Commission David Isaac warned Thursday.

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Shanghai's duty free shop competes for consumers

Consumers flocked to a duty free shop which opened in downtown Shanghai on Monday, although its prices were higher than airport duty free shops.

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Rio mayor assures Olympics final cost will reduce by 30 pct

The final cost of the Olympic Games that Rio de Janeiro will host from Friday until Aug. 21 will be 30 percent lower than initial estimates, thanks to many investments from private initiatives, informed Rio de Janeiro's Mayor Eduardo Paes on Thursday.

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Most Brazilians believe Olympic Games will bring more losses than benefits: poll

Most Brazilians believe the upcoming Rio Olympic Games will bring more losses to the country than benefits, according to an Ibope poll released on Wednesday.

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Is it safe? Rare mass killing raises questions about security in Japan

The killing of 19 people at a home for the mentally disabled raised questions about whether Japan’s reputation as one of the safest countries in the world is creating a false sense of security.

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Facebook tests drone for Internet relay

Facebook Inc. has completed the first full-scale test flight of Aquila, a high-altitude unmanned aircraft designed to relay Internet access in the world's remote areas, the company said Thursday.

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Shop-bought meals 'healthier for infants than homemade ones

Meals which parents make at home for their baby or toddler are often less healthy and more likely to lead to their child gaining weight than shop-bought ones, a new study has found.

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China detains over 1,900 in privacy-related cyber crimes

More than 1,900 suspects have been detained in a crackdown by Chinese authorities against crimes involving illegal obtainment of citizens' private information.

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Why so-called Islamic State chooses to bomb during Ramadan

More than 160 people are now known to have died in Sunday's appalling attack in Baghdad. It is just one of eight different attacks believed to have been carried out by the so-called Islamic State (IS) over the last month - the Muslim month of Ramadan.

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1st LD-Writethru: China's industrial profit growth slows further

​The profits of China's major industrial firms rose 3.7 percent year on year in May, 0.5 percentage points lower than the rise recorded in April, official data showed on Monday.