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IN THE NEWS

Residents afraid to return home as aftershocks rock Philippines

Residents afraid to return home as aftershocks rock Philippines

Residents were too afraid to return to their homes as aftershocks rocked a blacked-out northern Philippines Wednesday, hours after a strong earthquake injured at least six people and damaged schools, churches and other buildings.

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28 dead in Bangladesh cyclone, millions without power

28 dead in Bangladesh cyclone, millions without power

Bangladesh rescue workers found the bodies of four missing crew of a dredger boat, taking the death toll from Cyclone Sitrang to 28 as millions remained without power, officials said Wednesday.

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Deutsche Bank net profit soars five-fold in Q3

Deutsche Bank net profit soars five-fold in Q3

Germany's biggest lender Deutsche Bank on Wednesday said its third-quarter net profit had risen more than five-fold year-on-year, far better than expected, as a restructuring programme bears fruit.

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Balbirnie hits 62 as Ireland make 157 against England

Balbirnie hits 62 as Ireland make 157 against England

Captain Andy Balbirnie smashed 62 to give Ireland a great start against England in the T20 World Cup at an overcast Melbourne Wednesday, but they were dragged back to 157 all out with Liam Livingstone and Mark Wood taking three wickets apiece.

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Santander's net profit climbs to 2.4 bn euros in Q3

Santander's net profit climbs to 2.4 bn euros in Q3

Spanish banking giant Banco Santander on Wednesday announced an 11-percent increase in net profits year-on-year in the third quarter.

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Greeks turn to firewood to heat homes amid energy crisis

Greeks turn to firewood to heat homes amid energy crisis

Residents of the Athens suburb of Glyfada who are struggling to heat their homes as energy prices soar now have an option -- free firewood from the local council.

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China fiscal deficit balloons to nearly $1 trillion as economy cools

China fiscal deficit balloons to nearly $1 trillion as economy cools

China's fiscal deficit ballooned to an all-time high of nearly $1 trillion in the first nine months of the year, analysis of government data by Bloomberg showed, as a real estate crisis and tax rebates to boost a cooling economy emptied government coffers.

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'Heartbroken' Pakistan still hurting from India loss, says Iftikhar

'Heartbroken' Pakistan still hurting from India loss, says Iftikhar

Pakistan's Iftikhar Ahmed admitted on Wednesday his side were "heartbroken" and still hurting from their agonising opening defeat to arch-rivals India at the Twenty20 World Cup.

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N. Korea nuclear test would meet 'unprecedented' response: US, Japan, S. Korea

N. Korea nuclear test would meet 'unprecedented' response: US, Japan, S. Korea

The United States, Japan and South Korea warned Wednesday that a North Korean nuclear test would warrant an "unprecedentedly strong response", vowing unity after a blitz of missile launches from the hermit state.

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Hong Kong arrests two in $446 million money-laundering case

Hong Kong arrests two in $446 million money-laundering case

Hong Kong authorities have arrested two men for laundering funds worth HK$3.5 billion ($446 million) by reselling precious metals, one of the city's largest money-laundering cases, officials said Wednesday.

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