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IMF approves use of reserve assets for 'hybrid' financial instruments

The IMF said Wednesday that its board had voted to allow member states' IMF-issued international reserve assets to be used by multilateral development banks...

London Fashion Week blends tweed and Y2K amid economic gloom

From tweed to the iconic low-rise jeans of the early 2000s, London Fashion Week unveiled a spectrum of styles on Friday, kicking off its...

Inflation forces Turkey's central bank chief to move in with parents

The new head of Turkey's central bank said she has been priced out of Istanbul's property market by rampant inflation, leaving no choice for...

South Korea hails successful launch of homegrown rocket

South Korea said Thursday it had successfully launched its homegrown Nuri rocket and placed working satellites into orbit, hailing a key step forward for...

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