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The Bank of Japan (BOJ) on Tuesday said tumbling energy prices could push inflation to zero, marking another setback for Tokyo's attempts to kick-start the economy by conquering years of falling or stagnant prices.

International Monetary Fund chief Christine Lagarde hailed India as a bright spot in the otherwise gloom-ridden global economy Monday, saying the recovery from the 2008-2009 financial crisis was still fragile.

Airbus Helicopters Monday inked a deal worth US$1.6 billion to build more than 300 civil and military helicopters for South Korea in partnership with Korea Aerospace Industries (KAI).

South Korea's dilemma over whether to join a China-led development bank is deepening, with the announcement of support for the US$50 billion mechanism from the UK and other major countries, despite U.S. opposition.

Vietnam's number of ultra-high-net worth individuals (UHNWIs) — people who have US$30 million or more in total assets — is set to double by 2024, according to the 2015 Wealth Report by Knight Frank.

Prayers were said at churches across India Sunday for an elderly nun who was gang-raped at a convent in an attack that has intensified anger over sexual violence and fuelled fears among beleaguered Christians.
Prayers in India after elderly nun is gang-raped


The transfer of soil, contaminated four years ago with radioactive materials from the Fukushima No. 1 nuclear power plant, to an interim storage facility began in Okuma, Fukushima Prefecture, on Friday.

Philippine health officials are treating 13 people after it was discovered that they had eaten meat from a dog that was later diagnosed with rabies, a city veterinarian said Sunday.

China's land reclamation in four of the Philippine-claimed atolls and reefs in the West Philippine Sea area of the South China Sea, estimated to have reached more than 60 hectares.

Relief supplies began arriving in cyclone-devastated Vanuatu Sunday as the Pacific nation declared a state of emergency amid reports entire villages were “blown away” when a monster storm swept through.

Fourteen people were killed and more than 70 injured when two Taliban suicide bombers attacked churches in Pakistan on Sunday, sparking mob violence in which two other suspected militants died.
Taliban attacks on Pakistan churches kill 14, spark riots


A senior Myanmar official on Sunday denied Chinese accusations that one of its warplanes crossed China's border and dropped a bomb that killed four farmers during fighting with Myanmar's rebels.

For weeks, Bangladeshi farmer Dibakar Ghosh has been pouring his milk into the river, unable to get it to buyers because of a months-long transport blockade that has crippled the impoverished nation.

Officials struggled on Sunday to determine the scale of the devastation wrought by a monstrous cyclone that tore through the tiny South Pacific archipelago of Vanuatu, with death counts varying in the single digits but expected to rise once communications are restored with outlying islands.
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