MUMBAI -- India's Central Bank announced to maintain the repo rate unchanged at 5.15 percent on Thursday, giving priority to control inflation rather than the diminishing growth in Asia's third largest economy.

The statement was made after the country's Reserve Bank of India's Monetary Policy Committee (MPC) concluded its two-day meeting on Thursday. (India-Monetary policy)

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SEOUL -- South Korean President Moon Jae-in on Thursday nominated a five-term ruling Democratic Party lawmaker as new justice minister after former justice minister stepped down about two months earlier for an allegation of irregularities involving his family.

Choo Mi-ae, 61, a five-term lawmaker and a former chief of the Democratic Party from 2016 to 2018, was named to lead the justice ministry amid the ongoing push by the Moon government to reform the prosecution office, the presidential Blue House said. (South Korea-Justice minister)

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NEW DELHI -- Indian coast guard with the assistance from merchant ships rescued 264 fishermen who were stranded in the Arabian sea owing to rough sea conditions, officials said Thursday.

"Some 264 fishermen rescued by seven merchant vessels taken over by three Indian coast guard ships - Samudra Prahari, Samar and Savitribai Phule," a statement issued by Indian coast guard said. "All injured fishermen administrated medical treatment and reported to be healthy." (India-Fishermen)

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MANILA -- Philippine President Rodrigo Duterte welcomed China's new ambassador Huang Xilian to the Philippines at the presidential palace on Wednesday night, saying he is satisfied with the development of Philippines-China relations.

"We are proud that China and the Philippines are two great friends. And I welcome you to your new assignment. May it be productive. And I'm ready to accept your letter of credence," Duterte told Huang, who arrived in Manila on Tuesday. (Philippines-Chinese Ambassador) Enditem

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