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3 killed, 7 injured in car bombing south of Mogadishu

AtleastthreepeoplewerekilledandsevenothersinjuredwhenacarloadedwithexplosiveswentoffatacheckpointsouthofMogadishu,capitalofSomalia,onWednesdayevening.BenadirPol

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AIIB assigned AAA credit rating by Moody's

Oneoftheworld'slargestcreditratingagenciesMoody'sannouncedonThursdaytheirdecisiontoassigntotheAsianInfrastructureInvestmentBank(AIIB)along-termforeigncurrencyis

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US Fed greenlights big banks' capital plans

TheUSFederalReserveonWednesdaygavethegreenlighttoplansfromthecountry's34largestbanksthatseektoprovidelargepayoutstoshareholders.TheFedfoundthatthebanks'financia

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In pics: daily life in Doha, capital of Qatar

VehiclesareseenataparkinglotinfrontofLuluHypermarketinDoha,capitalofQatar,onJune6,2017.PeoplebuyfoodatasupermarketinDoha,capitalofQatar,onJune6,2017.Peoplewalkp

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Indonesia considers moving capital city away from Jakarta

IndonesianPresidentJokoWidodoisplanningonmovingthecountry'scapitalcityfromJakartatoPalangkarayainCentralKalimantan.Thismovecouldhelptheeconomygrowevenlyacrossth

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China's VC/PE investments expand in Q1 as more companies get listed

Privateequity(PE)andventurecapital(VC)investmentinChinapickedupmomentuminthefirstfourmonthsofthisyear,boostedbytheacceleratedspeedofinitialpublicofferings(IPOs)

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Indonesian capital initiates Dragon Boat Festival

Indonesian capital of Jakarta held on Saturday the initial Dragon Boat Festival in the city which contends tens of male and female teams racing in various groups, highly expected to become an annual event in years to come.

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Indonesian capital initiates Dragon Boat Festival

JAKARTA,May20(APD)–IndonesiancapitalofJakartaheldonSaturdaytheinitialDragonBoatFestivalinthecitywhichcontendstensofmaleandfemaleteamsracinginvariousgroups,highl

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China's growing role in global development

Despitetheapparenttranquilityofthisyear'sspringmeetingsoftheInternationalMonetaryFundandWorldBank,therearereasonstobeconcernedabouttheglobaleconomy.TheUnitedKin

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Ahok apologises to victims of Jakarta floods

Jakarta Governor Basuki Tjahaja Purnama has apologised to victims affected by flooding in the capital this week and promised to continue a project aimed at preventing it from happening again.

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Russia agrees US should attend Syria talks as ceasefire tested

Russia has agreed the United States should be involved in talks on Syria's future planned for this month, Turkey's top diplomat said, as a series of explosions rocked Damascus.

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Syria aircraft strike rebels near water source

Syrian government aircraft bombed a rebel-held district that is the capital's main water source on Friday as the rival sides traded blame over a cut to mains supplies, a monitor said.

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China's new forex control threatens further blow to HK's insurance sector

As of January 1, individuals are required to explain the purpose of their foreign currency purchases at Chinese banks, under new regulations

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Paris ready to stage a safe Olympic Games: French President

French president Francois Hollande says that Paris is well-equipped to stage a safe Olympic Games.

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Deutsche Bank brings fears over health of Europe's banks back to boil

The turmoil swirling around Deutsche Bank has brought simmering concerns about the health of Europe's banks back to a boil.

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Security lapses enable terrorists to increase operations in Afghanistan: Local analysts

Militancy and subversive activities have been constantly rising in Afghanistan since mid-April this year and the anti-government militants in their latest strikes conducted three deadly offensives in a single day on Monday in the fortified capital city of Kabul leaving Afghans in shock.

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Massive fund to boost reform of SOEs

China launched a State venture capital fund worth 200 billion yuan ($30.2 billion) to push forward innovative technologies and industrial upgrading projects, the country's top State-owned assets regulator said on Thursday.