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IMF urges China to address economic imbalances as trade surplus hits $1 trillion13:17 The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and investment instead of exports December is a great time to buy a new car and this is why13:17 If you’re in the market for a new vehicle, the remaining weeks of December could be a great time to buy Asian benchmarks mostly decline as investors anticipate US rate cut9:32 Asian shares are mostly lower, trading in a narrow range ahead of a Federal Reserve meeting that’s expected to result in the third cut to interest rates this year Southeast Asia embraces offshore wind power, as Trump bashes renewable energy9:32 Southeast Asia is embracing the embattled offshore wind industry as it reels from U.S. President Donald Trump’s rejection of renewable energy China's Tencent quits Paramount's bid for Warner Bros to avert national security questions9:00 Chinese gaming and social media giant Tencent Holdings has withdrawn from Paramount Skydance Corp.'s bid to buy Warner Bros Discovery Nepal charges dozens and says corruption inflated an airport's costs by $74 million6:53 Former Nepali ministers, officials and a Chinese company have been charged with corruption in a case alleging financial irregularities inflated an airport's construction costs by more than $74 million Canada's top envoy to the US will resign before review of free trade agreement5:49 Canada’s ambassador to the U.S. for the last six years says she’s resigning next year as the two major trading partners review the free trade agreement Government waives part of a Biden-era fine against Southwest Airlines1:32 The U.S. Department of Transportation is waiving part of a fine assessed against Southwest Airlines after the company canceled thousands of flights during a winter storm in 2022 U.S. job openings barely budged in October, coming in just below 7.7 million20:46 U.S. job openings barely budged in October, coming in at 7.7 million amid uncertainty over the direction of the American economy UN says world must jointly tackle issues of climate change, pollution, biodiversity and land loss9.prosince The United Nations says the world needs a new way of thinking about environmental crises threatening the health of people and the planet IMF approves $1.2 billion for Pakistan from bailout, citing progress on economic and climate reforms9.prosince The International Monetary Fund says it has approved the release of $1.2 billion to Pakistan, giving the cash-strapped country a fresh boost as it works to recover from one of its worst economic crises in years Chinese premier cites damage from US tariffs, as surplus surpasses $1 trillion9.prosince China's premier says higher tariffs have dealt a “severe blow” to the world economy, even as China's own trade surplus has surged past $1 trillion |