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Ageing populations will drag on growth in Asia: IMF chief

ThechiefoftheInternationalMonetaryFundwarnedThursdaythatageingpopulationsinkeyAsianeconomieswilldragontheirgrowth,urgingpolicymakerstostepuptheirresponsetoshift

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S. Korean president's approval rating falls below 70%

SouthKoreanPresidentMoonJae-in'sapprovalratingfellbelow70percentforthefirsttimesincehisinaugurationinearlyMayongeopoliticalriskscausedbytheDemocraticPeople'sRep

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Asian shares rise on relief over U.S. debt ceiling deal, euro eyes ECB

AsiansharesbouncedbackonThursdayafterU.S.PresidentDonaldTrumpandcongressionalleadersunexpectedlyagreedtoraisethegovernmentdebtlimituntilDecember,eliminatingthen

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Expanding horizons key to BRICS' 2nd golden decade

Themonths-longDoklamborderstandoffbetweenChinaandIndiahasbeenpeacefullyresolved.ThetwosidesarebothfoundingmembersofBRICSandbothhopetomaintainunityamongemerginge

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Less noodles, more racing: A peek into China's rising middle class

WhiletheUnitedStatesandmanyEuropeancountriesareexperiencingashrinkingmiddleclass,thereisarisingglobalmiddleclass,especiallyinAsia.AsiarisingEarlierthisyear,prof

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China leads the global middle class race

WhiletheUnitedStatesandmanyEuropeancountriesareexperiencingashrinkingmiddleclass,thereisarisingglobalmiddleclass,especiallyinAsia.AsiarisingEarlierthisyear,prof

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Diesel gets cold shoulder as German car sales rise

SalesofnewcarsinGermanyroseinAugust,officialfiguresshowedMonday,butuncertaintyoverthefutureofdieselsawregistrationsofvehiclespoweredbythefuelcontinuetoslide.The

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Asian markets, won sink after DPRK's latest nuclear test

AsianstockstumbledwiththeSouthKoreanwonMondaywhilethesafehavenyenralliedonnewsthattheDemocraticPeople'sRepublicofKorea(DPRK)hadtestedwhatitclaimedwasaminiaturis

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China home to 21 of world’s 50 fastest growing property markets

AmidongoingmeasurestocoolChina’spropertymarket,arecentreportshowingyear-on-yeargrowthuptoJune2017indicateshousingpricesinthecountryarestillamongthehottestinthew

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Gasoline prices spike on shortage worries in Harvey's wake

USgasolinepriceshavejumpedintheaftermathofHurricaneHarveyandlocalshortagescouldoccurbutthesituationislikelytostabilizeinthecomingdays.Agallon(3.8liters)ofgasoli

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China's economy continues to enjoy strong growth

Chinacontinuestoenjoystronggrowthwhichisprojectedat6.7percentfor2017,andshowspotentialtosustaintheincreasingmomentumoverthemediumterm,saidInternationalMonetaryF

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US second-quarter GDP growth revised up, fastest in over two years

USeconomyinthesecondquartergrewfasterthaninitiallythought,notchingitsquickestpaceinmorethantwoyears,andtherearesignsthatthemomentumwassustainedatthestartoftheth

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US economy grew 3% in second quarter: Commerce Dept

TheUSeconomygrewatitsfastestpaceinmorethantwoyearsinthesecondquarter,muchfasterthaninitiallyestimated,officialdatashowedWednesday.HittingtheWhiteHousegrowthtarg

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China's trade with BRICS bloc rises 32.9% from Jan-Jul

China'stradevolumewithBRICScountriesreached1.15trillionyuan(174.7billionUSdollars)inthefirstsevenmonthsof2017,a32.9-percentincreaseinthesameperiodlastyear,custo

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Higher fuel costs pressure Chinese airline profits

Asia’sbiggestcarrierChinaSouthernAirlinessaidhigherjetfuelcostsclippeditsprofitinthefirsthalf,whileChinaEasternearningsrosebutonlywiththehelpofaone-offassetsale

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Report reveals high level of drug use in athletics

Over30percentofathleteswhocompetedatthe2011worldchampionshipsadmittedtohavingusedbannedsubstancesinthepast,accordingtoaWorldAnti-DopingAgency-commissionedstudyr

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Kids take on a nine-day low-sugar diet leads to less fatty liver

Anexperimentaldiet,forninedays,thatcutoutthetypeofsugarinsoftdrinks,fruitjuicesandmostprocessedfoodssignificantlyreversedthebuildupofliverfatinchildrenandadoles