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China cuts short-term interest rate to kickstart economy

China cuts short-term interest rate to kickstart economy

China’s central bank on Tuesday cut a key policy interest rate, in a surprise move to boost the country’s flagging economy. The People’s Bank of China said it was lowering the seven-day reverse repo rate to 1.9% from 2.0%, the first such move since August last year. The seven-day reverse …

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$25M anti-erosion embankments proposed for HCMC

Three anti-erosion embankment projects worth over VND600 billion (US$25.5 million) are being proposed for Ho Chi Minh City. The projects, by the Can Giuoc, Cho Dem and Saigon rivers, are part of 11 initiatives proposed by the Department of Transport and which will be presented before the municipal People’s Council …

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HCMC plans to have more urban green spaces

HCMC authorities have directed relevant agencies to review the use of land planned for public parks to have more urban green space from 2023 to 2025. According to the city’s Department of Construction, the city has around 369 public parks and parks of residential areas with a total area of …

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Trump arrives in Florida to face charges, maintains lead in poll

Trump arrives in Florida to face charges, maintains lead in poll

Former President Donald Trump arrived in Miami on Monday to face federal criminal charges, while a new Reuters/Ipsos poll found a vast majority of his fellow Republicans believe the case to be politically motivated. Trump, the front-runner for the Republican nomination in the 2024 presidential election, is scheduled to be …

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South Korea celebrates 10 years of K-pop megastars BTS

South Korea celebrates 10 years of K-pop megastars BTS

Fans of K-pop megastars BTS flocked to hot spots around Seoul on Monday to mark the supergroup’s 10-year anniversary, with South Korea unveiling a special commemorative stamp series to celebrate. The group’s fans – known collectively as Army – gathered outside the offices of its agency Hybe to take wefies …

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