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China's housing market continues recovery

China's housing market continued recovering from a prolonged downturn in July, with new home prices dropping in fewer cities for a fifth month amid better market confidence and lower interest rates.

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Heat wave hits some European countries, more wildfires reported

​A rampant heat wave has hit some European countries recently, and more wildfires have been reported.

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Real estate business blooming in Chicago

​Real estate market continued to show strength in Chicago, a city in the U.S. state of Illinois, in June, with the existing-home price refreshing the highest level since August 2008.

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Obama discusses security partnership with Afghan leaders

​U.S. President Barack Obama discussed with Afghan leaders ways to deepen security partnership between the two countries, the White House said Wednesday.

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S.Korea's job creation slows in June on MERS aftermath

​Job creation in South Korea slowed down last month on the aftermath of the outbreak of Middle East Respiratory Syndrome (MERS), a government report showed Wednesday.

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S.Korea keeps record-low rate on hold after MERS outbreak

​South Korea's central bank on Thursday kept its policy rate on hold at an all-time low of 1.5 percent after lowering it by a quarter percentage point the prior month to counter flagging domestic demand caused by the outbreak of Middle East Respiratory Syndrome (MERS).

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Expo Milano 2015 meets first visitor target

​Expo Milano 2015, the Italian world exposition, has met its visitors target for the first month and aims for at least 20 million visitors, an official told Xinhua in a recent interview.

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S.Korea's industrial output falls for two months amid weak exports

​Industrial activity in South Korea weakened for two months in a row last month due to sluggish exports, which account for about half of the economy, a government report showed Friday.

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Singapore's manufacturing economy continues to shrink

Singapore's manufacturing economy continued to shrink in the fifth straight month. The Purchasing Managers' Index (PMI) read 49.4 points in April, which declined 0. 2 points over the previous month.

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Over 1,000 people killed in Yemen over past month: UN report

​The United Nations said Wednesday that the death toll in the fighting in Yemen over the past month topped 1,000 and aid agencies continue to face access constraints in the country.

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Business sentiment in S.Korea improves on cheap oil, weak currency

​Confidence among South Korean businesses improved for two straight months due to cheap oil and weak currency, central bank data showed Monday.

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"Black Coal, Thin Ice" actor busted for drugs

Beijing police have detained Chinese actor Wang Xuebing, star of last year's Golden Bear winning film, for suspected drug offense, authorities confirmed on Tuesday afternoon.

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Property sales lose momentum in east China city

Real estate sales have started to lose momentum in Hangzhou, capital of Zhejiang province, in January after a strong recovery in the August-December period last year.

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Falling prices in Italy to cause concern if trend continues

​The cost of living in Italy dropped 0. 6 percent in January compared to the same month in 2014, the biggest single-month drop in more than half a century, a development economists say could erode some of the economic benefits from a weaker European currency.

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Africa Economy: Kenya's trade deficit widens as imports increase

​The deficit in Kenya's balance of trade has widened considerably as imports accelerate to 1.8 billion U.S. dollars a month, according to new economic data.

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Home prices continue to cool, declines seen narrowing

China's property sector continued to cool in November, but the declines have been narrowing on the support of government policy adjustments, official data showed on Thursday.