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Australia to privatize nation's biggest health fund

The Australian government will sell the nation's biggest health fund, Medibank Private, through an Initial Public Offering (IPO) later this year that could raise 4 billion Australian dollars (3.74 billion U.S. dollars), Finance Minister Mathias Cormann announced on Friday.

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Taiwan to launch RMB reference rates

Taiwan's monetary authorities will launch daily reference rates for yuan circulated on the island starting from Sept. 1, in a major step for the island's progress as an important offshore RMB center.

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8 dead, 17 missing in SW China landslide

Eight people were confirmed dead and 17 others remained missing after a landslide destroyed a village in southwest China's Guizhou Province on Wednesday night.

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UN council demands immediate release of detained peacekeepers in Golan Heights

UN council demands immediate release of detained peacekeepers in Golan Heights

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France's Hollande rules out cooperation with al-Assad to fight ISIS

​French President Francois Hollande on Thursday refused to forge cooperation links with his Syrian counterpart Bashar al-Assad to stem threats of Islamic State in Syria and Iraq (ISIS) fighters who controlled parts of northern Syria and Iraq.

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Chinese premier meets IOC chief Bach

Chinese Premier Li Keqiang met on Thursday with President of the International Olympic Committee (IOC) Thomas Bach in Nanjing, the host city of the second Summer Youth Olympic Games.

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China's top aluminum producer incurs huge loss in H1

The Aluminum Corporation of China Ltd. (Chalco), the country's largest smelter of the industrial metal, posted a first-half net loss of 4.123 billion yuan (669 million U.S. dollars), a staggering increase of 3.53 billion yuan from a year earlier.

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EU adopts rules to manage investment disputes

​The European Union (EU) Thursday adopted a Regulation to manage disputes with trading partners under the EU's investment agreements, according to a press release.

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Lithuanian president to discuss security issues with Obama in Tallinn

​Lithuanian President Dalia Grybauskaite has planned to discuss additional security measures for the Baltic region at the upcoming meeting with U.S. President Barack Obama next week in Tallinn, local media on Thursday.

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Japanese lawmaker to stage pro-wrestling match in Pyongyang

​Japan's Upper House lawmaker Antonio Inoki arrived here in Pyongyang on Thursday with a delegation of professional wrestlers and started making final preparations for the Aug. 30-31 international wrestling contest.

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Eurozone business climate indicator remains stable in August

​The eurozone's business climate indicator (BCI) remained broadly flat compared with the previous month, a European Commission survey showed Thursday.

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Namibia passes constitution amendment

​The Namibian parliament on Wednesday passed the controversial Third Constitutional Amendment Bill despite fears of the opposition and civil society that the changes will see a concentration of power in the presidency.

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S. African gov't dedicated to economic transformation: deputy president

​The South African government will continue to pursue a counter-cyclical fiscal policy where the government saves during good times and spends to stabilize the economy during downturns, Deputy President Cyril Ramaphosa said on Thursday.

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LatAm countries mark end of fighting in Gaza

Latin American countries, including Venezuela, Chile, Peru and Brazil, on Thursday marked the end of Israel's nearly two-month-long offensive in the Gaza Strip.

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EU to discuss further sanctions against Russia: Merkel

German Chancellor Angela Merkel announced Thursday that the European Union will discuss further sanctions against Russia on its special summit in Brussels on Saturday, according to a statement of the German government.

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U.S. crude price advances on upbeat economic data

​U.S. crude price gained Thursday amid better-than-expected economic growth data from the country.

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Argentine airport strike disrupts 20 flights to Brazil

​More than 20 Buenos Aires- bound flights from Brazil had to be canceled Thursday due to a 36- hour strike by Argentine unions opposed to the government.