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China to allow two children for all couples

China will allow all couples to have two children, abandoning its decades-long one-child policy, the Communist Party of China (CPC) announced after a key meeting on Thursday.

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More than 53,000 Beijing couples opt for second child

More than 53,000 couples in Beijing have applied for a second child since the city changed its birth control policy in early 2014.

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Abe's new Cabinet has no time to lose in addressing Diet: The Asahi Shimbun

Japanese Prime Minister Shinzo Abe reshuffled his Cabinet on Oct. 7, but retained most key members.

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BOJ maintains monetary policy, further easing likely due to sluggish economy

​The Bank of Japan (BOJ) on Wednesday opted to maintain its accommodative monetary policy and hold off on additional easing despite sluggish exports and falling commodity prices threatening to derail the bank's ambition 2 percent inflation target next year.

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Americans still know little about Republican candidates' policies, even after 2nd debate

​Despite the fact that U.S. Republicans have already had two nationally televised debates, Americans still know very little about their policies, as the candidates have stuck to vague generalities and canned talking points, experts said.

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S. Korea freezes interest rates at record-low amid further cut expectations

​South Korea's central bank on Friday froze its policy rate at a record low for the third consecutive month, but expectations emerged for further cuts due to the fastest fall in exports, which account for about half of the export-driven economy.

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Iran deserves no concessions until it changes policy on Israel, U.S. : Israeli PM

​Israeli Prime Minister Benjamin Netanyahu continued Sunday to lash out at the nuclear agreement with Iran, saying that the Islamic Republic deserves no concessions until it changes its foreign policy toward Israel and the United States.

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Singapore to maintain policy of modest, gradual appreciation of Singapore dollar

​The Monetary Authority of Singapore (MAS) said Tuesday that it would maintain its policy of a modest and gradual appreciation of the Singapore dollar.

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Kerry says U.S. will have to negotiate with Syrian gov't

​The United States will "have to negotiate" with the Syrian government in an effort to end the country's four-year-old conflict, Secretary of State John Kerry said in a TV program aired on Sunday.

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U.S. Fed policy bigger risk than Europe's QE for China: European experts

​China may face more challenges from changes in monetary policy at the U.S. Federal Reserve (Fed) than the European Central Bank's (ECB) quantitative easing (QE) program that began on Monday, an European expert has said.

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China central bank chief hints policy flexibility amid deflation risk

As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou Xiaochuan said there may be room for flexibility despite consistent championing of a prudent monetary policy.

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Leading int'l financial bodies demands more reform efforts from euro countries

​Leading international financial and economic organizations, including the International Monetary Fund (IMF), called for more reform and growth efforts from the euro countries during a meeting on Wednesday in Berlin.

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British pound crises to seven-year high against euro

​The British pound Tuesday hit 1.40 pounds against 1 euro mark for the first time since December 2007, as the European Central Bank (ECB) began its quantitative easing policy on Monday.

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China pledges stronger fiscal policy, widens tax breaks

The State Council, China's cabinet, on Wednesday pledged to step up fiscal policy support and strengthen targeted controls to combat downward pressure on the economy.

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U.S. Fed chair opposes sanctions for currency manipulation in trade deals

​U.S. Federal Reserve Chair Janet Yellen said Tuesday that sanctions for currency manipulation should not be included in trade deals because that could "hamper the conduct of monetary policy".

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Document to give legal tools to Chinese farmers

Even though land transfers and legal disputes have become synonymous in rural China, farmer Xie Yiman in Shanfeng Village, in east China's Anhui Province, did not hesitate for a second when leasing his land thanks to a new legal initiative.