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China holds massive military parade, to cut troop levels by 300,000
9/3/2015 3:39:14 AM

Chinese President Xi Jinping stands in a car, at the beginning of the military parade marking the 70th anniversary of the end of World War Two, in BeijingBy Ben Blanchard BEIJING (Reuters) - President Xi Jinping announced on Thursday he would cut troop levels by 300,000 as China held its biggest display of military might in a parade to commemorate victory over Japan in World War Two, an event shunned by most Western leaders. China's confidence in its armed forces and growing military assertiveness, especially in the disputed South China Sea, has rattled the region and drawn criticism from Washington. Xi, speaking on a rostrum overlooking Beijing's Tiananmen Square before the parade began, said China would cut by 13 percent one of the world's biggest militaries, currently 2.3-million strong.



Vietnam index ends down 1.4 in volatile trade
9/3/2015 3:35:39 AM
HANOI (Reuters) - Vietnam's benchmark VN Index closed down 1.42 percent on Thursday, the third fall this week, dragged by the losses of banks and energy stocks due in part to lower global oil prices. The fall on Thursday, making Vietnam the sole one-day decliner in Southeast Asia, brought the market's combined loss this week to nearly 3 percent. PetroVietnam Gas , the country's third-biggest firm by market value, dropped 3.99 percent following the fall of oil prices on a surprise build in U.S. inventory levels and a firm dollar. Vietcombank , Vietnam's top lender by capitalisation, fell 2. ...

Confusion and chaos as migrants pour into Budapest train station
9/3/2015 3:30:30 AM

Migrants storm into a train at the Keleti train station in BudapestBy Marton Dunai BUDAPEST (Reuters) - Hungarian police allowed hundreds of migrants to pour into Budapest’s main railway station on Thursday but authorities canceled all trains to western Europe, triggering chaos and confusion. Hundreds of people, many of them refugees from conflicts in the Middle East, stormed a waiting train, cramming children through open windows in the belief a two-day standoff with police had ended and they were being allowed to continue their journey west to Austria, Germany and beyond. “There’s a German flag on this train so we though it went to Germany.




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