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China’s Premier Li Keqiang left off new party Central Committee

BEIJING (Reuters) – Chinese Premier Li Keqiang and three other members of the elite Politburo Standing Committee of the ruling Communist Party were excluded from the newly elected Central Committee on Saturday. More than 2,000 delegates to a once-every-five-years party congress in Beijing elected a 205-person Central Committee as well as 171 alternate members. Li …

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Australia, Japan agree to expand security cooperation

SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese and Japanese Prime Minister Fumio Kishida on Saturday said their countries had agreed to deepen and expand their cooperation to respond to pressing security challenges in their region. Kishida also said he wanted to reinforce the Japan’s defence capabilities within five years, and would examine all options …

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Pakistan ex-PM Khan barred from office, sparking protests

By Asif Shahzad ISLAMABAD (Reuters) -Former Pakistani Prime Minister Imran Khan was barred from holding public office on Friday after the top election tribunal found him guilty of unlawfully selling gifts from foreign dignitaries and heads of state, a lawyer and a minister said. The ruling adds to the political and economic uncertainty plaguing Pakistan …

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Bangladesh seeking IMF loan but economy not in trouble: finance minister

By Ruma Paul DHAKA (Reuters) – Bangladesh has asked the International Monetary Fund (IMF) to start negotiations for a loan, the finance minister told the Prothom Alo newspaper, while adding that the economy was “no way in trouble”. Minister A.H.M. Mustafa Kamal said he did not specify any amount in a letter he sent to …

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EU seeks united front on China reliance as Germany plans trip

By Philip Blenkinsop BRUSSELS (Reuters) -European Union leaders jointly expressed concern on Friday about economic reliance on China, leaving German Chancellor Olaf Scholz facing questions over an imminent trip there with business chiefs. Mindful of the gas dependency built up with Russia that Moscow has exploited, many EU leaders said they needed a united and …

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Pakistan taken off global watchdog’s ‘grey’ list for terrorism financing

By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan has been removed from an international grey list that warrants increased surveillance for terrorism financing, the head of the international money laundering watchdog which makes the list said on Friday. The decision, which provides a boost to the reputation of the crisis-ridden South Asian nation, was taken at …

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IMF sending mission to Bangladesh for talks on new lending programs

WASHINGTON (Reuters) – The International Monetary Fund on Friday said it was sending a staff mission to Bangladesh from Oct 26 to Nov 9 for initial discussions on economic and financial reforms, with an eye to a future lending program and access to a new longer-term IMF facility. (Reporting by Andrea Shalal; Editing by Mark …

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Google, Netflix under scrutiny in South Korea over network fees

By Joyce Lee SEOUL (Reuters) – South Korea’s parliament saw heated debate on Friday over proposed legislation to make global content providers such as Netflix and Alphabet’s Google pay South Korean network fees. The deliberations mirror attempts in Europe by some countries that want the European Commission to come up with legislation that ensures Big …

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Sri Lanka passes constitutional amendment aimed at trimming presidential powers

By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s parliament on Friday passed a constitutional amendment aimed at trimming presidential powers, beefing up anti-corruption safeguards and helping to find a way out of the country’s worst financial crisis since independence. Sri Lanka has struggled for months to find enough dollars to pay for essential imports such as …

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