Mexicans are outraged over a big hike in gas prices on Jan. 1

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Mexicans are outraged over a big hike in gas prices on Jan. 1

MEXICO CITY – Mexican motorists awoke to a shock as gasoline prices at the pump shot up by more than 20 percent in some corners of the country on the first day of the year, sparking panic buying, street protests and even a call by one prominent …
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South Korean markets waver on first trading day of 2017; Hyundai shares climb

Asian markets wavered on Monday, the first trading day of the New Year, in very thin holiday trade. The benchmark Kospi was nearly flat, down 0.01 percent or 0.3 point, at 2,026.16 while the Kosdaq gained 0.1 percent, or 0.6 point, to close at 632.04 …
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Malaysia Issues Amendments to Several Standards and a New Interpretation

The Malaysian Accounting Standards Board (MASB) has issued a few amendments to certain existing Standards and one new Interpretation, namely
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As Second Avenue Subway Opens, a Train Delay Ends in (Happy) Tears

After decades of failed efforts to bring a line to one of the few corners of Manhattan the subway system didn't reach, the Second Avenue subway opened to the public on Sunday, with three stations.
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RPT-State Bank of India cuts lending rate by 90 bps across maturities

MUMBAI Jan 1 State Bank of India, the country's biggest lender by assets, said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits.
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