China calls on state-owned firms to boost industrial aid to Tibet

(Corrects typographical error in word ‘mountains’ in paragraph 2) BEIJING (Reuters) -Chinese state-owned enterprises should deepen industrial aid to Tibet, including increasing infrastructure investment and development, China’s state assets regulator said in a statement on Tuesday. The commission overseeing state-owned assets emphasised more targeted measures, including developing advantageous industries that suit local conditions in Tibet, …

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Japan remains alarmed over forex movement, finance minister says

TOKYO (Reuters) -Japan remains alarmed over foreign exchange movement, Finance Minister Katsunobu Kato said on Tuesday, after the yen strengthened following U.S. President Donald Trump’s announcement of the removal of a Federal Reserve governor. Asked about the removal of Lisa Cook from her position on the Fed’s board of directors, Kato told a press conference …

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In protein-deficient India, McDonald’s, Bollywood and cricket fuel wellness craze

By Dhwani Pandya and Praveen Paramasivam MUMBAI/CHENNAI (Reuters) -At McDonald’s outlets in South India, a 30-cent burger topping has been selling out fast. It’s not extra cheese or a fancy salsa dip, but a vegetarian protein slice developed with Indian government food scientists — the brand’s first such offering globally. McDonald’s has joined India’s biggest …

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Philippine central bank to cut rates by 25 bps on August 28, ease more later: Reuters poll

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) -The Philippine central bank is poised to cut its key interest rate by 25 basis points on Thursday to support economic growth, with subdued inflation giving it room to ease further, according to a Reuters poll of economists who expect at least one more reduction later this year. …

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EEUU ordena más buques al sur del mar Caribe con la mira puesta en cárteles de la droga: fuentes

Por Steve Holland WASHINGTON, 25 ago (Reuters) – Estados Unidos ordenó el envío de buques adicionales al sur del mar Caribe como parte de los esfuerzos del presidente Donald Trump para hacer frente a las amenazas de los cárteles de la droga latinoamericanos, dijeron el lunes dos fuentes informadas sobre el despliegue. El USS Lake …

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Trump despide a Cook, de la Fed, alegando declaraciones falsas en formularios hipotecarios

Por Michael S. Derby NUEVA YORK, 25 ago (Reuters) – El presidente de Estados Unidos, Donald Trump, tomó el lunes la medida sin precedentes de despedir a Lisa Cook, la primera mujer afroamericana en ocupar el cargo de gobernadora de la Reserva Federal, por denuncias de irregularidades en préstamos hipotecarios. El mandatario había pedido a …

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China’s Sinochem to sell two bankrupt refineries to local operators, sources say

By Chen Aizhu, Siyi Liu and Trixie Yap SINGAPORE (Reuters) -China’s state-run Sinochem Group will sell another two bankrupt refineries in eastern Shandong province to local refiners for much less than they are valued via auctions that closed on Friday, according to seven trade sources and auction documents. The acquisitions, which come during a consolidation …

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South Korea central bank to hold rates steady on August 28, resume easing in Q4: Reuters poll

By Rahul Trivedi BENGALURU (Reuters) -The Bank of Korea (BOK) will keep its key policy rate steady on Thursday, viewing rising property prices as a more immediate concern than lifting economic growth, according to a Reuters poll of economists who now expect easing to resume next quarter. South Korea’s central bank paused its easing cycle …

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