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China's GDP may grow 6.9 pct in 2017

ChineseexpertssayitisreasonabletoexpectChina'sGDPgrowthreaching6.9percentin2017.XuHongcai,aneconomistwiththeChinaCenterforInternationalEconomicExchanges,saidsuc

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Trade growth drives up Shanghai Port profits

ShanghaiInternationalPortonSundayreportedfastgrowthinnetprofitlastyearastradegrowthpushedupshippingdemand.InanunauditedreportfiledwiththeShanghaiStockExchange,t

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Study: Media use disrupts kids' sleeping habits, harms health

Preschoolerswhospendmoretimewatchingtelevision,playingvideogamesorusingcomputersgetlesssleep,saidresearchersfromtheUniversityofMichigan(UM).UMresearchersassesse

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Dollar at three-year low vs euro; stocks extend record run<br>

TheUSdollarslumpedtoamorethanthree-yearlowagainsttheeuroonFriday,extendingrecentlossesonexpectationsEuropeanCentralBankpolicymakersarepreparingtoreducetheirstim

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Pro-Russian Czech president to face liberal academic in run-off

Pro-RussianCzechincumbentMilosZemanclinchedpolepositioninroundoneofaweekendpresidentialelection,pavinghiswaytoachallengingrun-offagainstpro-EuropeanJiriDrahos,f

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US inflation accelerates in December

UnderlyingUSconsumerpricesregisteredthebiggestgaininDecember,raisingtheoutlookfortheFederalReservetohikeinterestratesmorequicklyin2018.Thecoreinflation,whichexc

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Euro scales 3-year dollar pinnacle on German deal hopes

TheEuropeansinglecurrencysurgedFridaytoathree-yearpeakagainstthedollarasGermanChancellorAngelaMerkelmovedclosertoanewcoalitiongovernment.Theeuro'sadvancecameasm

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BMW 2017 car sales hit 2.09 million record but Mercedes keeps lead

BMWsalesrosetoanewrecordlastyearonstrongdemandforsport-utilityvehicles(SUVs)andthe1-Seriescompact,butthebrandwasagainoutsoldbyrivalMercedes-Benzwhosedeliveriesi

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Powerful growth in Germany fuels calls to share the wealth

StronggrowthdatainGermanycameaswelcomenewsThursdayforpoliticianshagglingoverspendingandunionsbattlingformorepay,althoughobserverswarnthegoodtimescan'tlastforeve

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World Bank predicts global growth this year followed by slowdown

TheWorldBankhasforecastthatglobaleconomicgrowthwilledgeupto3.1percentthisyearafterastronger-than-expected2017,butwarnsthatitwillslowinthelongterm.Theforecastis0

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Russian inflation at record low of 2.5 pct in 2017

InflationinRussiahitarecordlowof2.5percentlastyear,thecountry'sofficialstatisticsserviceRosstatsaidWednesday.Theratebegantosteadilydeclinefromapeakof12.9percent

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London stock market edges to new high

London'sbenchmarkFTSE100indexreachedafreshhighWednesday,butEurope'smainindiceswerelacklustreoverallfollowingrecentrallies.Elsewhere,arallyacrossAsiathatwelcomed

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China's mobile phone shipments fall in 2017

Chinaproducedfewermobilephonesandnewmobilephoneversionsin2017,industrialdatashowed.Mobilephoneshipmentsreached491millionlastyearwhileonly1,054newtypesofcellphon

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China’s PPI up 4.9 pct, CPI up 1.8 pct in December

China'sproducerpriceindex(PPI)rose4.9percentyear-on-yearinDecember,whilethecountry'sconsumerpriceindex(CPI)wentup1.8percentyear-on-yearlastmonth,theNationalBure

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Eurozone unemployment falls to 9-year low as recovery strengthens

Europe'seconomicrecoveryisdeepening,datashowedonTuesday,witheurozoneunemploymentfallingtoitslowestlevelsinceJanuary2009.TheEU'sofficialstatisticsagencysaidthatt

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World Bank forecast broad-based recovery for global economy

WorldBankonTuesdayraiseditsforecastforglobaleconomicgrowthin2018to3.1percent,sayingthatabroad-basedrecoverywasunderwayacrosstheworld.Theforecastwas0.2percentage

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Lenovo to make $400 million one-off charge on U.S. tax reforms

LenovoGroupLtdsaidonWednesdayitexpectedtomakeaone-offchargeof$400millionforninemonthsendedinDecemberduetoareassessmentofU.S.deferredtaxassets.Theadjustmenttober