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SHANGHAI — China's first commercial rocket launch company has raised 1.2 billion yuan (1.5 million) for the development and launch of its Kuaizhou series carrier rockets.

SINGAPORE－China's State oil major Sinopec is evaluating two projects in the United States that could boost Gulf Coast crude oil exports and also expand storage facilities in the Caribbean, two people familiar with the matter said on Tuesday, with US President Donald Trump set to visit Beijing next week.

SEOUL - The Republic of Korea's President Moon Jae-in will send his special delegation to the Democratic People's Republic of Korea (DPRK) on Sept 5, multiple local media reported Friday.

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SHANGHAI - Volvo Car Group inaugurated its Asia-Pacific Headquarters in Shanghai on Monday.

SAVANNAH, Ga. — An Air National Guard C-130 cargo plane on a training mission crashed Wednesday along a road near a Georgia airport, killing at least five National Guard members from Puerto Rico, authorities said.

SEOUL - South Korean prosecutors on Wednesday demanded seven years in prison against Choi Soon-sil, a decades-long confidante of the ousted president Park Geun-hye, over corruption allegations.

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SEOUL -- The Republic of Korea (ROK) President Moon Jae-in and top leader of the Democratic People's Republic of Korea (DPRK) Kim Jong-un exchanged letters earlier this month, the ROK presidential Blue House said Friday.

SHANGHAI－China Evergrande Group has raised 39.5 billion yuan (.8 billion) from selling a stake in a residential property company.

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SHIJIAZHUANG -- Police in North China's Hebei province said Thursday that they have apprehended five people for drug trafficking, seizing 21 kg of crystal methamphetamine in Yanjiao town.

SIS announced that it would shed more than 1,000 employees in Seattle, according to a notice filed Wednesday with the Washington Employment Security Department. The majority of SIS’ full-time employees are expected to be rehired under the new contract.