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Latest Business News

China to allow more flexibility for yuan
China has indicated it will allow the yuan to rise against the dollar and other Western currencies.

50 missing in Colombia mine blast
Rescue workers are continuing to search for more than 50 people trapped in a mine shaft in Colombia.

IMF backs Spain's austerity measures
The International Monetary Fund (IMF) says it is confident Spain's economy will recover and it has called on the country to back the government's austerity measures.