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From the perspective of International Monetary Fund requirements, “the yuan exchange rate will be more market-oriented going forward, and the volatility of both the onshore and offshore rates will pick up significantly”.

Bells tolled as a solemn crowd observed a moment of silence at 8.15am local time, when the detonation turned the western Japanese city into an inferno, killing thousands instantly and leaving others to die a slow death with terrible injuries.

In the heavy summer heat, cicadas shrilled, the Peace Bell rang and hundreds of doves were released into the sky.

In the UK, the current military nuclear weapon system, Trident, is often criticised as being too expensive to maintain and unnecessary in its mission to keep world peace by some politicians and political parties.

But that is no longer the case, hampering economic growth.

“These are intrinsic rights that we all share”, Kerry said.

Tens of thousands of people stood for a minute of silence at 8:15 a.m.at a ceremony in Hiroshima’s peace park near the epicenter of the 1945 attack, marking the moment of the blast.

Mr. Abe said Japan would continue to push for a world without nuclear weapons and reaffirmed his commitment to what Tokyo calls the “three nonnuclear principles”-that it won’t possess or make nuclear weapons and won’t introduce them on Japanese territory”.

Tensions over the South China Sea have dominated talks this week in the Malaysian capital, where Asean foreign ministers have also met their counterparts from various countries, including China and the United States.

More than 200,000 people died of nuclear radiation, shock waves from the blasts and thermal radiation resulting from bombing of Hiroshima on 6 August 1945 and of Nagasaki three days later.

Tensions came to the fore at the ongoing East Asia and Asean Foreign Ministers Meeting in Malaysia, with countries including USA, India, Japan and Australia expressing deep concern over China’s territorial claim and creation of artificial islands in the South China Sea...

During an interview set to air on CNN this Sunday, Obama spoke to host Fareed Zakira and defended his recent statement.

“The overall situation in the South China Sea is stable and there is no possibility of major conflict”, said a statement issued by the Chinese Foreign Ministry early yesterday morning.

Thursday marks 70 years since the U.S. dropped an atomic bomb on Hiroshima Japan.

A rosary, a sake container, a student’s cap, 20 items in all, provide a personal connection to the tens of thousands who were killed instantly after the United States bombed the Japanese cities to bring an end to World War II. He also said the country needs the legislation...