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SEOUL - Republic of Korea's President Moon Jae-in said he aims to make an "irreversible advance" in denuclearizing the Korean Peninsula and settling peace by the end of this year.

SOFIA, Bulgaria - A top European Union official branded US President Donald Trump selfish and capricious on Wednesday as EU leaders met to count the likely economic damage US policies might inflict on the bloc and to try to rescue the Iran nuclear deal.

Rural consumption, accounting for 14.7 percent of total retail sales in the country, will be another sector that will be an important area for expansion of domestic demand.

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SABIC, the Middle East's largest petrochemical company, said it would continue to invest in China and the Chinese market is becoming increasingly attractive to foreign multinationals as China's economy matures.

SHIJIAZHUANG -- Chinese carmaker Great Wall Motor said its net profit fell 13.6 percent year on year in 2019 as the world's largest auto market slowed.

S&P Global has predicted global debt will rise 10 percent to 0 trillion by year's end. The global debt-to-GDP ratio may jump 14 percent to a record 265 percent, although a debt crisis within the next two years is not considered likely, mainly because of the expected economic recovery.

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SEOUL - South Korea confirmed 438 more cases of the COVID-19 on Thursday, raising the total number of infections to 5,766.

SEOUL - Foreign ministers of the Republic of Korea (ROK) and the United States held phone talks Thursday night over the soon-to-expire military intelligence-sharing pact between Seoul and Tokyo, and how much ROK would pay for US troops stationed here, the Seoul's foreign ministry said Friday.

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SANTIAGO - Chilean President Sebastian Pinera announced on Sunday that the vaccination program against the novel coronavirus (COVID-19) will begin next week, with 585,545 total cases having been reported to date.

SAIC-GM-Wuling, a GM joint venture with SAIC and Guangxi Automobile Group, reported its total sales revenue in overseas markets growing by 51 percent year-on-year to reach 0 million during the first half of 2020.