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German share price index DAX graph is pictured at the stock exchange in Frankfurt

European shares gain on China recovery optimism

European shares climbed on Tuesday, tracking a global rally in equities after China further relaxed its COVID-19 curbs, raising hopes of a recovery in the world's second-largest economy.
Former president Lee Myung-bak (R, pictured during his trial in 2018) was serving 17 years for  bribery and embezzlement during his time in office

South Korea pardons jailed ex-president Lee

Jailed former South Korean president Lee Myung-bak received a presidential pardon on Tuesday, cutting short his 17-year sentence on corruption charges, the justice minister said.
General view of open cast coal mine in Welzow, Germany

German companies plan to invest more in Africa in 2023

German companies want to boost their activities in Africa next year, especially in areas such as green hydrogen and liquefied natural gas, with 43% planning to increase investment in the continent, a survey seen by Reuters on Tuesday showed.
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