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US soldier Travis King in US custody after expulsion from North Korea to China

By Phil Stewart and Hyonhee Shin WASHINGTON/SEOUL (Reuters) -Private Travis King, the U.S. soldier who ran into North Korea in July, is in U.S. custody after being expelled by North Korea into China, U.S. officials said on Wednesday. While details on King’s transfer were still scarce, the positive resolution of the King case was noteworthy …

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Azerbaijan arrests former top Karabakh minister as exodus tops 50,000

By Felix Light GORIS, Armenia (Reuters) – A former head of the breakaway ethnic Armenian government in Nagorno-Karabakh was arrested by Azerbaijan on Wednesday as he tried to escape into Armenia as part of an exodus of tens of thousands of people that has triggered a humanitarian crisis. Ruben Vardanyan, a billionaire banker and philanthropist, …

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India’s JSW Infrastructure receives bids worth $7.3 billion in IPO

BENGALURU (Reuters) – Indian commercial port operator JSW Infrastructure received bids worth 606.13 billion rupees ($7.29 billion) in its initial public offering (IPO), exchange data showed on Wednesday. The JSW Group-owned company received bids for 5.09 billion shares at between 113 and 119 rupees, 37.37 times more than the 136.3 million shares offered, National Stock …

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US investors want clarity on Biden’s vague curbs on China tech

By Pete Schroeder, Michelle Price and Carolina Mandl WASHINGTON/NEW YORK (Reuters) – U.S. financial firms are pushing for greater clarity on proposed new rules curbing U.S. investments in some China technology sectors which they say are too vague and put the onus of compliance on investors. Aiming to protect national security and prevent U.S. capital …

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India rupee ends flat, ducks global pressures on likely cenbank help

By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee closed little changed on Wednesday, despite weakness in Asian peers, as the Reserve Bank of India likely sold dollars to prevent the rupee from falling to a fresh record low. The rupee closed at 83.22 against the U.S. dollar compared with a close of 83.23 in …

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Pegatron says iPhone assembly resumes at Indian factory after fire

By Munsif Vengattil BENGALURU (Reuters) -Pegatron has resumed production at its contract facility for Apple in southern India after a shutdown over the weekend due to a fire, the company said on Wednesday. An Indian government source told Reuters that manufacturing has been resumed in a phased manner, while a company spokesperson declined to confirm …

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Private Travis King in US custody after North Korea expulsion

WASHINGTON (Reuters) – Private Travis King, the U.S. soldier who ran into North Korea two months ago, is in U.S. custody after being expelled by North Korea into China, a U.S. official told Reuters on Wednesday. The official, who spoke on condition of anonymity, did not offer further details. (Reporting by Phil Stewart; Editing by …

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Son of jailed tycoon Jimmy Lai says it’s in Hong Kong’s interest to free him

By Gabrielle Tétrault-Farber GENEVA (Reuters) – The son of Jimmy Lai, a media tycoon jailed in Hong Kong, said on Wednesday it was in the interest of the former British colony to release his father and not let him die in jail. Sebastien Lai, who was in Geneva to take part in a British-organised event …

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US soldier Travis King is in American custody -AP citing US officials

(Reuters) – Travis King, the American soldier who crossed into North Korea two months ago and who the country’s state media said had been expelled, is in U.S. custody, the AP reported on Wednesday, citing two U.S. officials. One official told the AP that King was transferred to U.S. custody in China. (Reporting by Rami …

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China to step up anti-graft efforts for better economic development, says Xinhua

BEIJING (Reuters) – China will step up anti-corruption efforts in state-owned companies and the financial sector to increase their economic contributions, state news agency Xinhua reported on Wednesday, citing a politburo meeting chaired by President Xi Jinping. The remarks from the politburo, a top decision-making body of the ruling Communist Party, come a day after …

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