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China’s next transport hub could be the African island of Sao Tome

Yohei Kanasashi | AFP | Getty Images Chinese President Xi Jinping (R) shows the way to Sao Tome’s Prime Minister Patrice Trovoada ahead of their meeting at the Great Hall of People in Beijing on April 14, 2017. According to the state-run news agency, Botelho said that Chinese companies are …

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US shale oil drilling poised to surge in February

Keeping with the trend, the Permian Basin in Texas and New Mexico will account for most of the gains. EIA sees Permian drillers increasing their output by 76,000 barrels a day. Another Texas shale oil region, the Eagle Ford, is expected to chip in growth of 15,000 barrels a day. …

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ECB’s Weidmann says appropriate to stop bond buys this year

Krisztian Bocsi | Bloomberg | Getty Images The stars of the European Union sit on banners flying outside the European Central Bank headquarters in Frankfurt, Germany, on July 20, 2017. It would be “appropriate” for the European Central Bank to stop its bond purchases, due to run at least until …

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China sets yuan midpoint at more than 2 year high

studioEAST | Getty Images US dollar and China Yuan arranged for a photograph on September 7, 2017. China’s central bank set its official yuan midpoint at a more than two-year high on Wednesday at 6.4335 per dollar, underpinned by a solid spot yuan performance a day earlier and broad dollar …

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Nations at North Korea meeting commit to considering more sanctions

Kim Won-Jin | AFP | Getty Images North Korean soldiers attending a mass rally to celebrate achievement of full nuclear statehood on December 1, 2017. A 20 nation meeting on North Korea agreed on Tuesday to consider imposing unilateral sanctions on Pyongyang that go beyond those required by U.N. Security …

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Stock market’s wild flip flop comes as warning signs build

The stock market’s wild flip flop Tuesday comes as some analysts see signs the rally is getting a bit overheated. Laszlo Birinyi, longtime strategist and founder of Birinyi Associates, said earlier Tuesday that he sees clear signs the market is going into a period of consolidation, and he is currently …

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Now Japanese TV issues false alarm about a missile launch

Kazuhiro Nogi | AFP | Getty Images A pedestrian walks in front of a television screen displaying a map of Japan (R) and the Korean Peninsula in Tokyo on November 29, 2017, following a North Korean missile launch. Japanese public broadcaster NHK issued a false alarm about a North Korean …

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Japan investigates how to evacuate citizens from South Korea

Roslan Rahman | AFP | Getty Images Japan’s Navy Takanami class destroyers along the strait near Changi Naval Base in Singapore on May 15, 2017. Japan is examining how to evacuate its roughly 60,000 citizens from South Korea in the event of a crisis that closes airports, with military ships …

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China’s Xi Jinping tells Trump easing of tensions on Korean peninsula must continue

Nicolas Asfouri | AFP | Getty Images China’s President Xi Jinping speaks next to U.S. President Donald Trump during a business leaders event at the Great Hall of the People in Beijing on Nov. 9, 2017. China’s President Xi Jinping told President Donald Trump in a phone call on Tuesday …

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Cranberries singer Dolores O’Riordan dies suddenly at age 46

Hulton Archive | Getty Images Dolores O’Riordan, Lead Singer of the Limerick Group, The Cranberries performs in Dublin’s Point Depot in 1995. Dolores O’Riordan, lead singer of Irish band The Cranberries, has died. She was 46. Publicist Lindsey Holmes says O’Riordan died suddenly Monday in London, where she was recording. …

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