U.S. banking industry controlled by “too big to fail” banks

Those "too big to fail" banks that control most of the assets in the U.S. banking industry have created a…

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China’s new yuan-denominated lending stood at 620 billion yuan

China’s new yuan-denominated lending stood at 620 billion yuan (US$ 99.52 billion) in February, down 90.7 billion yuan year on…

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Effects of the South Korea-U.S. free trade agreement

A round of heated debates over the effects of the South Korea-U.S. free trade agreement (FTA) is expected in the…

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Dubai-based state-owned and private corporations

Dubai-based state-owned and private corporations show no let-up in issuing Islamic bonds or "sukuk" as market demands remain unchanged. On…

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Israel Politics Heats Up

With an extended deadline just days away, incumbent Israeli Prime Minister Benjamin Netanyahu is intensifying his efforts to finalize the…

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United Nations sanctions against North Korea

The Philippines Friday said it “welcomes and supports” the adoption of United Nations sanctions against North Korea in response to…

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Formation of Association of Southeast Asian Nations (ASEAN)

Malacanang Tuesday gave assurances the Sabah standoff will not affect the planned formation of an Association of Southeast Asian Nations…

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Malaysia’s air strikes target Filipinos

The Dept. of Foreign Affairs has confirmed Malaysia’s air strikes Tuesday against the remaining followers of a Philippine sultan locked…

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Sabah crisis reaction paper

President Benigno S. Aquino III reiterated his administration’s position the only way to end the Sabah crisis is for all…

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Sabah Standoff and Casualty

Vice President Jejomar C. Binay on Monday expressed hope that the Sultanate of Sulu and Malaysia would both soften their…

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Income taxes on earnings by monks, priests

South Korea will push to impose income taxes on earnings by monks, priests and other religious leaders, the country’s top…

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Pope Leaves Vatican

The departing Pope Benedict XVI on Wednesday held his final general audience at St. Peter’s Square in Vatican City, drawing…

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