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Bhutan bans import of most vehicles as foreign exchange reserves plummet

By Gopal Sharma KATHMANDU (Reuters) – Bhutan will ban the import of all vehicles except utility vehicles, heavy earthmoving machines and agriculture machinery to save dwindling foreign exchange reserves, the government said in a notice seen by Reuters on Friday. Nestled between China and India, the country of fewer than 800,000 people is grappling with …

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China to boost targeted policy support for economy -state media citing cabinet

BEIJING (Reuters) -China will step up fiscal and monetary policy support for the economy in a targeted way, state media quoted the cabinet on Friday as saying, raising expectations that more modest easing steps could be unveiled. China’s key activity indicators showed the economy unexpectedly slowed in July, raising the heat on policymakers to ramp …

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China launches measures to secure home deliveries -state media

HONG KONG (Reuters) – Several Chinese government departments have launched measures to support the construction and delivery of unfinished property projects through special lending schemes by policy banks, state television reported on Friday. Chinese regulators last month promised to help local governments deliver property projects on time after homebuyers threatened to stop mortgage payments on …

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Philippines mulls allowing drinks firms to directly import sugar in rare step

MANILA (Reuters) – The Philippines is considering allowing industrial sugar users like beverage producers to directly import the sweetener, a rare step to address domestic shortages, the president’s press secretary said on Friday. The government must approve all sugar imports in the Philippines, a measure designed to protect local producers who employ thousands, and normally …

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Internet goes down for several hours in parts of Pakistan

ISLAMABAD (Reuters) -Internet connectivity was fully restored in central and northern parts of Pakistan on Friday after an hours-long outage caused by heavy rains and floods, the country’s telecom regulator said. Major Pakistani telecom operators reported earlier that connectivity was down in some regions, including the capital and other major urban centres, with one company …

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‘Indescribable’ pressure: Taiwan thanks Navy amid China tensions

TAIPEI (Reuters) – Taiwan President Tsai Ing-wen has visited sailors in the island’s navy to thank them for their efforts amid days of war games and military drills by China, calling the pressure they had faced “indescribable”. China, which claims democratically governed Taiwan as its own territory, has been staging such exercises this month to …

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Japan court refuses to recognise trans woman as parent of child born after transition – media

TOKYO (Reuters) – A Japanese court on Friday ruled that only the child born before a trans woman went through her surgical and legal transition could be recognised legally as her child, while the child born after her transition cannot be, media said. Japan, where many LGBTQ+ people still do not come out to their …

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U.S. Air Force secretary: China’s actions around Taiwan increase risk

TAIPEI (Reuters) – U.S. Air Force Secretary Frank Kendall said on Friday that China’s actions around Taiwan increase the level of risk and he hoped that China’s behaviour returns to the norms that were established before. China, which claims democratically governed Taiwan as its own territory, has been staging military exercises this month to show …

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