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AIG raises $1.25bn selling PICC stock

  New York / BLOOMBERG American International Group Inc. raised $1.25 billion selling shares of Chinese insurer PICC Property & Casualty Co. near the low end of a marketed range. The largest commercial insurer in the U.S. and Canada sold 740 million shares of PICC P&C at HK$13.08 apiece, after earlier offering them at HK$13.06 to HK$13.35, according to terms ...

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USA demands Assad forces halt Aleppo carnage as residents flee

  Aleppo / AFP The United States demanded that Syrian President Bashar Al-Assad’s forces halt their bombardment of Aleppo and help restore a nationwide ceasefire, with Secretary of State John Kerry due to head to Geneva for talks on the conflict. Terrified residents fled a new wave of air strikes on rebel-held areas of the divided city as key regime backer ...

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Protests as Malaysia deports 32 Taiwanese to China

  BEIJING / AP Taiwanese officials have protested Malaysia’s deportation of 32 of the self-ruled island’s nationals to China to face wire fraud charges. The deportation follows the sending of nearly four dozen Taiwanese from Kenya to China last month, a case that has raised concerns Beijing is exerting diplomatic pressure over the island it considers its own territory. The Taiwanese ...

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