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China reported 74 new confirmed coronavirus cases for Dec. 7, down from 94 a day earlier, its health authority said on Wednesday.

Trading in shares of embattled Chinese developer Kaisa Group Holdings was suspended on Wednesday, according to the Hong Kong stock exchange.

Japan will deny some tax breaks to big companies that do not hike wages while boosting deductions for those that do, as it moves to boost domestic salaries, a final draft of the ruling party's annual tax reform plan showed on Wednesday.

A man in his 30s who had been in Italy has tested positive for the Omicron COVID-19 variant in the third case to be found in Japan, the top government spokesman said on Monday.

China's exports growth lost steam in November, pressured by a strong yuan, weakening demand and higher costs, but imports unexpectedly accelerated as the country scrambled to restock depleted commodities like coal.