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US student detained in North Korea confesses to theft

Seoul, Feb 29 (IANS) An American student detained in North Korea confessed at a press conference in Pyongyang on Monday that he tried to steal a political banner from the hotel he was staying in….



















Chinese yuan weakens

Beijing, Feb 29 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, weakened 114 basis points to 6.5452 against the US dollar on Monday, according to the China Foreign Exchange Trading…