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HONG KONG: Asian markets fell anew Friday, extending a sell-off in line with steep losses on Wall Street after the US Federal Reserve signalled a possible end to its multi-billion-dollar stimulus programme. The losses are part of a global correction in equities and commodities, which have enjoyed strong rallies since…

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HONG KONG: Hong Kong stocks fell 2.03 percent on opening Friday, weighed by concerns over the Chinese economy as well as the US Federal Reserve’s decision to consider reeling in its stimulus later this year. The benchmark Hang Seng Index fell 412.89 points to 19,969.98 in the first few minutes…

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Defending champions Miami Heat are leading the San Antonio Spurs 18-16 after one quarter of game seven of the NBA finals. Shane Battier fired two three-pointers to tie the game and put the Heat ahead in the closing minutes of the quarter. Kawhi Leonard leads the Spurs’ scoring  with…

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FORMER officials and employees of the Development Bank of the Philippines (DBP) are asking the Supreme Court to compel the bank to release their early retirement incentive benefits. The 140 petitioners want the court to order the DBP board of directors Jose Nunez, Gil Buenaventura, Juan Kevin Belmonte, Daniel Laogan, Alberto…

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RIO DE JANEIRO: Hundreds of thousands of people rallied across Brazil Thursday, as a protest movement over the quality of public services and the high cost of staging the World Cup gathered steam. The mounting pressure on the government of President Dilma Rousseff in the face of the biggest street…

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President Benigno Aquino 3rd threatened Thursday to withdraw Philippine troops from the UN peacekeeping force on the Golan Heights unless they receive anti-tank and anti-aircraft weapons, and are protected against chemical arms. Aquino said the UN Disengagement Observer Force (UNDOF), now made up of just over 500 Filipino and Indian…

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DEHRADUN, India – India’s military battled on Thursday to reach villages and towns cut off by flash floods and landslides in the country’s north as officials warned at least 1,000 people may have been killed. Helicopters and close to 10,000 soldiers have been deployed to rescue tourists and pilgrims stranded…

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Thai Deputy Prime Minister and Foreign Minister Surapong Tovichakchaikul paid a courtesy call on President Benigno Aquino 3rd in Malacanang on Thursday. A Malacanang news release said Foreign Affairs Secretary Albert del Rosario joined the President in welcoming Tovichakchaikul and other Thai officials to the palace. Also in attendance were…