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Chinese yuan strengthens to 7.0638 against USD Friday

BEIJING, Dec. 12 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 48 pips to 7.0638 against the U.S. dollar Friday, according to the China Foreign ...
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S. Korea court orders Nippon Steel to pay forced labor compensation

SEOUL, Dec. 11 (Xinhua) -- The Supreme Court of South Korea on Thursday upheld a lower court ruling ordering Japan's Nippon Steel Corp. to compensate the family of a deceased South Korean victim who ...
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Hisense Europe sees 2025 sales up by 6%

Hisense Europe, a Chinese-owned consumer electronics and home appliances group based in Slovenia, expects to close 2025 with about 4.8 billion euros (5.2 billion U.S. dollars) in revenue, up 6 percent ...
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Injured driver rescued after train derails in northern Japan

TOKYO, Dec. 12 (Xinhua) -- A train on the Akita Nairiku Line derailed in the northern Japanese prefecture of Akita early Friday, and one man, believed to be the driver, was rescued, local media ...
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Annual Shanghai-Taipei City Forum set for December

SHANGHAI, Dec. 12 (Xinhua) -- The annual Shanghai-Taipei City Forum will open on Dec. 28 in Shanghai, aiming to promote cooperation and exchanges on urban development. This year's event will feature ...
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Thai king dissolves parliament ahead of election

BANGKOK, Dec. 12 (Xinhua) -- Thailand's King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua has endorsed a royal decree to dissolve the lower house of parliament, an announcement published in the Royal ...
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China calls for int'l efforts to help Central African countries enhance security capacity

UNITED NATIONS, Dec. 11 (Xinhua) -- A Chinese envoy on Thursday called for international efforts to help Central African states enhance their capacity for independent security.
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Roundup: UN chief alarmed by violence in eastern DRC shortly after signing of peace accords

UNITED NATIONS, Dec. 11 (Xinhua) -- UN Secretary-General Antonio Guterres was deeply alarmed by the escalation of violence in the eastern Democratic Republic of the Congo (DRC) as the security ...
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U.S. stocks close mixed as Oracle results weigh on tech sector

The Dow Jones Industrial Average surged 646.26 points, or 1.34 percent, to an all-time high of 48,704.01. The S&P 500 rose 14.32 points, or 0.21 percent, to 6,901, securing its first record close in ...
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Thai king endorses decree to dissolve parliament

BANGKOK, Dec. 12 (Xinhua) -- Thailand's King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua has endorsed a royal decree to dissolve the parliament, an announcement published in the Royal Gazette said on ...
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U.S. intends to keep oil from seized tanker, eying more vessels off Venezuela

WASHINGTON, Dec. 11 (Xinhua) -- White House Press Secretary Karoline Leavitt said Thursday that the United States intends to keep the oil from the tanker the U.S. military seized Wednesday near the ...
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Hamas says it accepts possible int'l force in Gaza for ceasefire monitoring only

GAZA, Dec. 11 (Xinhua) -- A senior Hamas official said Thursday that Palestinian factions in Gaza have given initial approval for a potential international force in the territory, provided its mandate ...