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Philippines third-quarter GDP grows 6.9% year-on-year, above forecast

ThePhilippineeconomygrewbyafaster-than-expected6.9percentinthethirdquarterfromayearearlier,supportedbystrongindustrialoutputandservices,thestatisticsagencysaido

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Foxconn's third-quarter profit tumbles after iPhone X production hurdles

Taiwan’sFoxconnreporteda39percentslideinquarterlyprofit,farworsethanexpected,astheassemblerofAppleIncproductssawmarginssqueezedbyproductionbottlenecksfortheiPho

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Japan's economy continues growth spurt but pace slows

Japancontinueditsseventhstraightquarterofeconomicgrowth,officialfiguresshowedonWednesday,althoughtherateofincreaseintheworld'sthird-biggesteconomyisslowing.Japa

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Berlin urged to spend more as economy surges ahead

GermanyonTuesdaysaiditseconomygrewatafasterpacethanexpectedinthethirdquarter,fuellingcallsfortheincominggovernmenttoloosenthepursestringsandinvestmoretokeepEuro

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Does China's central heating policy need to be modernized?

AstemperaturesdropacrossnorthernChina,centralizedheatingsystemsareslowlybeingswitchedonaccordingtoamodelthathasseenlittlechangesincethe1950s.Withgreaterurbaniza

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Global GDP growth forecast at 3 pct in 2018 as momentum continues

Afterexceedingexpectationsin2017,theglobaleconomyisprojectedtocarryforwarditscurrentmomentumtogeneratea3-percentgrowthratethrough2018,theConferenceBoard,aglobal

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World stocks lower on US tax reform uncertainty, May's woes

UncertaintyoveraUStaxreformdealpushedworldstockmarketsfurtherawayfromrecentrecordhighsonMonday,whileBritain’spoundfellongrowingconcernaboutthefutureofPrimeMinis

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IMF downgrades Britain's economic growth forecast for 2017

TheInternationalMonetaryFund(IMF)MondaymorningdowngradeditsforecastforGDPgrowthinBritainto1.7percentforthisyear.Thismarksa0.3percentagepointreductioningrowthexp

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China relaxes foreign investment caps on financial sector

ChinaonFridayunveiledplanstoliftandgraduallyphaseoutcapsonequityholdingsbyforeigninvestorsinthecountry’sfinancialsystem.Futuremeasureswillincludegrantingpermiss

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Consumer inflation rises by 1.9% in October: NBS

China'sconsumerinflationrateroseby1.9percentinOctoberfromayearearlier,beatingmarketexpectations,theNationalBureauofStatistics(NBS)saidonThursday.Itwashigherthan

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China CPI, PPI up in October<br>

China'sconsumerpriceindex(CPI)andproducerpriceindex(PPI),rose1.9percentand6.9percentyearonyearinOctoberrespectively,accordingtothedatareleasedbyNationalBureauof

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Int'l tourist numbers heading for another record year

2017lookslikeitwillsetforanotherrecordforinternationaltouristnumbers,accordingtotheUnitedNationsWorldTourismBarometerpublishedonMonday.Thebarometershowsover300m

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Poll shows cybercrime Americans' most feared crime

CybercrimehasbecomethemostfearedcrimeintheUnitedStates,withtwothirdsofAmericanadultsworryingaboutbecomingvictims,asurveyshowedMonday.TheGalluppollshowedthat67pe

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Fujitsu, Lenovo agrees to PC merger

Japan'sFujitsusaidonThursdayithadagreedtomergeitsstrugglingPCbusinesswithLenovo,givingtheChinesecomputergiantacontrollingshareofthebusiness.Tokyo-basedFujitsusa

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Buoyant British service sector points to stronger GDP growth in Q4

TheBritisheconomyatthebeginningofthefourthquarterisperformingstrongly,newsurveydataindicates,pointingtogrowththatcouldbeattheexpectationsofthecentralbank.Survey

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Facebook profit soars, with no sign of impact from Russia scandal

FacebookInc(FB.O)facedharshcriticisminWashingtononWednesdayoveritsfailuretopreventRussianoperativesfromusingitsplatformforelectionmeddling,buttheearningsreporti

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Fed keeps rates unchanged, remains on road to December rate hike

TheFederalReservekeptinterestratesunchangedonWednesdayandpointedtosolidUSeconomicgrowthandastrengtheninglabormarketwhileplayingdowntheimpactofrecenthurricanes,a