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Qantas shocks market by posting 2.84 billion AUD full-year loss

​ Australia's national flag carrier, Qantas, has shocked the local market by recording a loss of 2.8 billion Australian dollars (2.6 billion U.S. dollars), around three times worse than expected.

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Dollar gains on upbeat U.S. data

​The U.S. dollar continued rising against most major currencies Tuesday as data of U.S. manufactured durable goods and consumer confidence beat expectations.

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Canadian stock climbs on resources shares rally, merger news

Canadian stock climbs on resources shares rally, merger news

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U.S. dollar rises against euro on policy divergence

​The U.S. dollar strengthened against most major currencies Friday and rose versus the euro as the Federal Reserve is expected to raise interest rates in 2015 while the European Central Bank (ECB) may expand monetary easing measures.

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Guardians of the Galaxy tops North America box office again

Guardians of the Galaxy claimed first place this weekend with an estimated 17.63 million U. S. dollars.

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Myanmar, India to cooperate in raising trade volume

​Myanmar and India will cooperate in raising their trade volumes, sources with the Myanmar Ministry of Commerce said Friday.

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Santos profit slides 24 pct despite record sales revenue

Australian oil and gas producer Santos announced a 24- percent drop in first-half net profit to 206 million Australian dollars (191 million U.S. dollars) on Friday despite a major boost in revenue.

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Portion of S.Korea's short-term foreign debts rises to highest in a year

The portion of short-term foreign debts in South Korea rose to the highest in a year as banks increased borrowing in foreign currency, central bank data showed Wednesday.

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Canadian stock market rises as Ukraine concerns ease

Canada's main stock market Monday rose as worries over a further escalation of Ukraine tensions diminished, lifting most of the eight major sectors.

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Angelina Jolie's "Maleficent" tops north American box office

Angelina Jolie's "Maleficent" defeated last week winner "X-Men: Days of Future Past", becoming the new ruler of north American box office.

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Alibaba, Lionsgate partner for subscription streaming service

Chinese e-commerce giant Alibaba and American entertainment company Lionsgate announced on Tuesday they will launch a subscription streaming service on the Chinese mainland that will offer content including the Twilight and Hunger Games films.

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China-U.S. relations keep moving forward

China-U.S. relations have kept moving forward since the two countries established diplomatic ties in 1979, said a Chinese envoy on the occasion of the 35th anniversary of the diplomatic relationship.

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Billionaire sets up Australia's largest charity fund

One of Australia's richest men announced on Tuesday the formation of a 200 million Australian dollar (187 million U.S. dollars) charity fund, the biggest corporate philanthropic foundation in Australian history, local media reported.

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Sri Lanka's exports rise 15.7 pct in first five months

Sri Lanka's exports grew by 15.7 percent to 4.45 billion U.S. dollars during the first five months of 2014 when compared to the same period last year, the central bank said here on Monday.

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U.S. announces new measures to boost manufacturing

The Obama administration unveiled a raft of measures on Tuesday to strengthen manufacturing industry and shore up job growth.

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Cambodia says over 16,000 job vacancies for Thailand returnees

Cambodia's National Employment Agency (NEA) said Wednesday that there are 16,146 vacant jobs awaiting workers who have recently been deported from or fled Thailand in fears of a military regime's clampdown.

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China details borrowing from int'l financial institutions

China had used 86.369 billion U.S. dollars in loans from international financial institutions by the end of last year, the Ministry of Finance said on Tuesday.