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BANGKOK - The Thai Army told the Thai media on Saturday that seven suspected rebels involved in a massacre killing had been arrested.

BEIJING - A total of 7.1 trillion yuan (.1 trillion) was raised on the Chinese capital market last year, according to official data.

BEIJING - China continued to see a current account deficit in the first half of 2018 mainly due to the strong domestic need for overseas services.

Australian Prime Minister Scott Morrison, Treasurer Josh Frydenberg and Health Minister Greg Hunt also welcomed the moves in Victoria and said more should be done to accelerate the process.

BEIJING - A year ago, economic forecasters at home and abroad bet on the sharp depreciation of the renminbi, or the yuan, in 2017 due to a flagging economy and US rate hikes. But the Chinese currency roaring back in past months has proven them wrong. The yuan's midpoint saw a substantial increase to 6.6770 against the greenback Thursday, the strongest in more than 10 months, following a steady strengthening streak since the beginning of 2017. Onshore and offshore rates were also much firmer. While curbed capital flight and the weaker US dollar were considered the immediate cause, the country's economic resilience played a fundamental role in propping up the currency. China posted a forecast-beating GDP increase of 6.9 percent in the second quarter of the year despite expectations of a loss in momentum, flat with that of the January-March period. From buoyant factory activity to robust imports, latest indicators have disappointed doomsayers. "Once again, the Chinese economy has defied the hand wringing of the nattering nabobs of negativism," Stephen Roach, faculty member at Yale University, wrote in an article on Project Syndicate.