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S Korea small-cap rotation leads to biggest gain

Bloomberg Global investors are snapping up small-cap stocks in South Korea as they rotate out of big companies listed on the main Kospi index after 2017’s 20 percent rally and amid optimism about the government’s plan to stimulate the tech-savvy market next year. Foreigners bought $88 million of shares in the Kosdaq gauge, helping push up the index 3.9 percent. ...

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S Sudan clashes leave 20 dead day after ceasefire violation

Bloomberg Almost two dozen government troops were killed in South Sudan during fighting, just a day after a cease-fire agreement came into effect, according to the main rebel group. The nation’s army and rebels last week agreed to cease hostilities from midnight December 24, in a bid to end three years of violence that’s claimed tens of thousands of lives ...

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Russia limits US military flyovers in tit-for-tat response

Bloomberg Russia plans to limit the number of airbases the US can use to launch reconnaissance flights under the Open Skies Treaty, in a fresh sign of its deteriorating relationship with Washington. The restrictions will be introduced Jan. 1 in response to US measures to limit Russian military flights in its airspace, said Georgiy Borisenko, head of the Foreign Ministry’s ...

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