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Government & Economy

China 2013 GDP revision won't affect growth this year

[BEIJING] China has revised up the estimated size of its economy for 2013 by 3.4 per cent to 58.8 trillion yuan (US$9.5 trillion), the National Bureau of Statistics said on Friday, but said the revision will not affect economic growth this year.

Energy & Commodities

[SINGAPORE] Oil prices edged up in Asia on Friday after falling sharply in the previous session, as analysts predicted increased volatility and no end in sight this year to tumbling prices.

Energy & Commodities

[LONDON] Global defence spending is likely to remain constant for the next two years as tumbling oil prices cut the budgets of Middle East exporters, but swell the coffers of Asia-Pacific importers, defence analysts IHS said Friday.

Government & Economy

[WASHINGTON] The United States and China wrapped up high-level trade talks Thursday in Chicago, with US officials hailing progress in a range of areas including medicines, intellectual property rights and agriculture.

Government & Economy

[BRUSSELS] European Union leaders urged Vladimir Putin to make a "radical change" in his stance on Ukraine Thursday as they boosted sanctions against Crimea despite fears of economic blowback from Russia's spiralling financial crisis...

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