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ASEAN deadlocked on South China Sea after Cambodia blocks statement


VIENTIANE Southeast Asian nations failed to find common ground on maritime disputes in the South China Sea on Sunday after Cambodia stuck to its demand the group make no reference to an international court ruling against Beijing in a statement, diplomats said.

Turkey keen for mention in G20 communique, but rejected 24 Jul 2016

CHENGDU, China Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said.


Bottom line - brands chase China's high-end lingerie market 24 Jul 2016

HONG KONG High-end lingerie sales are outpacing China's generally downbeat luxury market, and heating up competition between international brands and local rivals looking to go upmarket.


China's growth sucks in more debt bucks for less bang 24 Jul 2016

BEIJING As China's economy notches up another quarter of steady growth, the pace of credit creation grows ever more frantic for every extra unit of production, as inefficient state firms swallow an increasing share of lending.


Kerry to urge ASEAN to find diplomatic ways to ease South China Sea tensions 23 Jul 2016

PARIS U.S. Secretary of State John Kerry will urge Southeast Asian nations in meetings in Laos next week to explore diplomatic ways to ease tensions with China over the South China Sea following an international court ruling denying China's claims.

ASEAN in discord ahead of meeting with top China, U.S. diplomats 23 Jul 2016

VIENTIANE Southeast Asian nations were thrown into disarray after Cambodia on Saturday blocked them from issuing a statement referring to an international court ruling against China's territorial claims in the South China Sea, diplomats said.

G20 officials vow to tackle steel, industrial overcapacity 23 Jul 2016

CHENGDU, China The world's top economies will work to tackle excess production capacity in steel and some other industries, including government subsidies that have distorted markets, G20 finance officials said on Saturday.

China shows commitment to move to market-driven exchange rate - U.S. Treasury official 23 Jul 2016

CHENGDU, China China has demonstrated commitment to moving toward a market-driven exchange rate, said a senior U.S. Treasury official, speaking on the sidelines of a meeting of G20 finance ministers and central bankers in Chengdu on Saturday.


Search for missing Malaysian MH370 to be suspended - joint panel 22 Jul 2016

KUALA LUMPUR The hunt for Malaysia Airlines Flight MH370 will be suspended if the aircraft is not found in an area now being searched, Malaysia, China and Australia said in a statement on Friday.


IOC announces 45 failed tests from Beijing and London 22 Jul 2016

Forty-five athletes have failed dope tests after their samples from the 2008 Beijing Olympics and 2012 London Games were reanalysed, the International Olympic Committee (IOC) said on Friday.