China doubles yuan trading band, seen as sign of confidence
China's central bank loosened its grip on the yuan on Saturday by doubling the daily trading range for the currency, adding teeth to a promise it would allow market forces to play a greater role in the economy and its markets.
Gaza power plant shuts down due to fuel shortage
The Gaza Strip's sole power station stopped generating electricity on Saturday, causing blackouts throughout the territory after it ran out of fuel, officials said.
Manila to challenge China blockade in South China Sea
The Philippines is planning another challenge of a Chinese naval blockade of a disputed shoal in the South China Sea by sending civilian ships with supplies to its troops stationed there, a senior military official said on Thursday.
Philippines offers U.S. forces access to military bases
The Philippines has agreed to allow the United States access to its military bases under a new security deal being negotiated by the two allies, amid mounting concern over China's increasing assertiveness in the disputed waters of the South China Sea.
Ukraine worries push down stocks, boost gold, yen
Growing tension between the West and Russia ahead of Ukraine's weekend referendum in Crimea pushed stocks on major world markets down on Friday and ramped up the flight into safe-haven gold and the yen.
IMF mission to Ukraine has made progress, fund says
The International Monetary Fund has made good progress in its fact-finding mission in Kiev and will then discuss Ukraine's economic situation with IMF management, a fund spokesman said on Thursday.
EU, U.S. to commit to remove all duties on bilateral trade
U.S. President Barack Obama and European Union leaders will promise to remove all tariffs on bilateral trade at their summit on March 26, an ambitious step towards the world's largest free-trade deal, according to a draft statement seen by Reuters.
Wall Street falls as Ukraine tensions rise, China slows
U.S. stocks dropped on Thursday on rising tension in Ukraine, which helped erase earlier gains spurred by better-than-expected data on retail sales and the labor market.
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