Japan needs 'credible' economic plan: IMF

THE IMF says Japan's "three arrows" economic stimulus program is boosting growth but is still pushing the country to follow through with fiscal and structural reforms. It urged Tokyo to adopt a "credible" medium-term program that includes raising...

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35 drown as heatwave grips Poland

THIRTY-FIVE people have drowned in Poland since the beginning of August, according to police, as Poles attempt to combat a heatwave by flocking to the beach. Last weekend alone, 25 Poles drowned as the scorching weather that has gripped the...

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The Simpsons to get a Lego series

WANT to build a new home for Homer or try out a new hairstyle for Marge? Danish toy company Lego on Monday confirmed it will launch a special series themed on The Simpsons family globally in 2014. Lego spokesman Roar Rude Trangbaek wouldn't...

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Norway closes Saudi, Jordan embassies

NORWAY has closed its embassies in Saudi Arabia and Jordan to the public due to threats of attacks by Al-Qaeda, the foreign ministry says. The Scandinavian country has also raised the security level at other diplomatic missions in the Middle...

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Clashes in north Nigeria kill 35

CLASHES between Nigeria's military and Islamist extremist group Boko Haram in two northeastern towns have left at least 35 people dead, most of them insurgents, the army says. A clash in the town of Bama sparked by an attack on a police base...

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European stocks close mixed on data

EUROPEAN stocks ended Monday's session in mixed mode as markets digested positive eurozone data amid a drop in retail sales and weaker-than-expected profits at global banking giant HSBC, dealers said. London's FTSE 100 index of leading shares...

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Tablet shipments slow with no new iPad

WORLDWIDE shipments of tablet computers slowed down in the second quarter because Apple didn't release a new model of its trend-setting iPad, research firm IDC says. Shipments totalled 45.1 million units in the April-June period, down nearly 10...

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