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S.Korean shares fall ahead of FOMC meeting

​South Korean shares ended in negative territory Tuesday as investors are awaiting the Federal Open Market Committee (FOMC)'s meeting that will decide on its asset-purchasing program.

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Panama unveils 500,000 USD welfare program

The Panamanian government will distribute 500,000 U.S.dollars in coupons to families in the country's poorest region to combat malnutrition, according to a government statement released Monday.

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ECB announces asset purchase program, leaves key rates unchanged

​The president of the European Central Bank (ECB) Mario Draghi announced a purchase program of asset-backed securities (ABS) and new covered bonds at an ECB governing council meeting in Italy's Naples on Thursday.

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Troika to assess Portugal progress for first time since end of bailout

The troika of international lenders is going to visit Portugal for the first time since the debt-laden country concluded its bailout program, Portuguese Ministry of Finance announced on Wednesday.

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Germany unveils memorial to mentally ill, disabled Nazi victims

Germany unveils memorial to mentally ill, disabled Nazi victims

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Brazil's president knocks election rival's industrial plan

Brazilian President Dilma Rousseff Tuesday knocked her main election rival's industrial program.

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California implements new tax credit plan to stimulate movie, TV industry

California Governor Edmund G. Brown Jr. announced Wednesday a deal to extend California's 100 million dollars Film and Television Tax Credit Program to 330 million dollars per year.

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Iran, world powers in final efforts to seek nuclear deal before deadline

Iran and six world powers on Wednesday started to make the final diplomacy efforts before the July 20 deadline to find the solution for Tehran's nuclear program in Vienna amid uncertainty and gaps.

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China to pilot house-for-pension program

China will pilot a much-debated house-for-pension eldercare program in four cities next month as the country seeks an alternative to cope with rising pressures from an aging population, according to the China Insurance Regulatory Commission (CIRC).

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Training program to boost China's creative industries

China has started a national training program aimed at developing China's creative industries by cultivating talents and helping them start businesses.

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U.S. to withdraw Russia from trade benefits program

U.S. President Barack Obama on Wednesday notified the Congress of his plan to drop Russia from a program that allows duty-free imports of certain goods, known as the Generalized System of Preferences (GSP), the White House said.

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IMF approves 17 billion USD aid package for Ukraine

The International Monetary Fund (IMF) said on Wednesday that its board has approved a two-year financial aid program totaling 17 billion U.S. dollars for Ukraine to support its economy.

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Iranian nuclear talks seek to bridge gap for drafting comprehensive nuclear deal

Iran and six world powers entered detailed negotiations here Tuesday, aiming to find a long-term solution to Tehran's nuclear program.

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Russia, U.S. freeze nuclear safety program

Russia and the United States had halted a bilateral nuclear safety project, which Washington had been financing for decades, local media reported Tuesday.

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Cyprus receives new tranche of bailout assistance after successful screening

Cyprus received a further 150 million euro tranche of bailout assistance from international lenders on Wednesday after a successful screening of its economic adjustment program.

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Athens Eurogroup meeting paves way for further bailout aid to Greece

A Eurogroup meeting hosted in Athens on Tuesday paved the way for disbursement of further bailout aid to Greece in the coming weeks.

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Iran to further clarify civilian use of nuclear plan in talks with powers

Iran does not expect a comprehensive accord with the world powers in the upcoming nuclear talks, Iranian Foreign Minister Mohammad-Javad Zarif said on Sunday.