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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] Brent crude held below US$60 a barrel near a 5-1/2-year low on Friday as a global oversupply of oil showed little sign of receding, even as companies cut upstream investments next year.

Transport

[SINGAPORE] Singapore Airlines Ltd's Indian joint venture with the Tata conglomerate, Vistara, will start flying from Jan 9, the airlines said...

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.

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