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Yang Xiuzhu’s brother, Yang Jinjun, 57, was sent back to China on Sept 18 through “close cooperation” between the judicial, law enforcement and foreign affairs authorities of China and the United States, said China’s chief anticorruption body, the Central...

Amjyot Singh was the star of the match as he scored a massive 26 points in a match where India trailed throughout. That approach paid dividends as Taipei managed to claw back the deficit to only two points at halftime. Iran started on the front-foot, taking a 4-0 lead early in...

Chinese President Xi Jinping, center, addresses a U.S.-China business roundtable, comprised of USA and Chinese CEOs, Wednesday, September 23, 2015, in Seattle. With the USA one year away from the next presidential election, the president needs to show he will not back down from...

The downward revision of India’s GDP to 7.4 per cent from 7.8 per cent in 2015-16, by the Asian Development Bank, seems somewhat hasty compared to the positives it enumerates. Growth is forecast to slow from 7.3 per cent in 2014 to 6.8 per cent in 2015.

US West Texas Intermediate (WTI) crude futures were trading down $1.55, or 3.3 percent, at $45.35 a barrel.

The Filipinos started the game strong, leading by as many as 16 points in the first quarter, but their guard dropped in the second period allowing Palestine to creep back into the match. In contrast, India managed a paltry 14 points from the bench.

Xi reiterated that China and its rising defense capabilities – including anti-ship ballistic missiles – do not pose a regional or global threat.

Korea’s benchmark Kospi index is up 0.32 percent at 1,970 points.

“$1.5-trillion of uncommitted spend on new conventional projects and North American unconventional oil is uneconomic at $50 a barrel“, Woodmac added. In July, however, Federal Reserve Chair Janet Yellen said the Fed would raise rates this year if economic conditions...

Other dignitaries included Henry Kissinger, the former U.S. Secretary of State.

For China, the lender expects it to grow 6.8 percent this year and 6.7 percent in 2016.

MSCI Asia Pacific Excluding Japan Index fell 2.1 percent to 399.04 as of 10:38 a.m.in Hong Kong, as commodity producers led declines after raw-material prices tumbled. Oil dropped. Australian bonds gave back Monday’s gains.

Yao said the Fed should set objective conditions that will trigger a rate hike, such as inflation, unemployment and risks of property and housing bubbles.

“Continuing steps to build liquid, well-developed domestic financial markets can help reduce the corporate sector’s reliance on foreign currency borrowings”, it said.

However, the central bank maintained its bias towards a rate hike sometime this year, while lowering its long-term outlook for the economy.