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Insights
01-Mar-19 Weak demand in China and the Sino-US trade war took a heavy toll across Asia in Feb-19. China's manufacturing contracted for the third month, Japan's factory gauge fell at the sharpest pace in 2-1/2 years and South Korea's exports plummeted. [image: Norihiko Shirouzu / Reuters]
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Insights
26-Feb-19 Samsung Electronics’ business for the last quarter of 2018 was cause for concern, with operating profits down 30%. Vying to retain its market position, the Korean company has presented its folding mobile smartphone, the Galaxy Fold. [image: Reuters]
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Insights
12-Feb-19 Singapore-based artificial intelligence and intelligent automation solutions provider AntWorks has announced a joint venture with Japan's SBI Neo Financial Services, to supply AntWorks' integrated intelligent automation platform to Japan, Korea and China, as well as Southeast Asia markets. [image: Agencia EFE]
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Insights
11-Feb-19 Shiseido has decided to build a new production site, Shiseido Kyushu Fukuoka Factory, in Kurume City, Fukuoka, Japan. The new factory will mainly manufacture skincare products for Japan and overseas markets and will cost approximately JPY45 bn (USD407 mn). [image: Shiseido]
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Insights
28-Jan-19 State-owned Saudi Aramco plans to invest up to USD1.6 bn for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude oil. [image: Reuters / Hamad I Mohammed]
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