Showing 151-160 of 259 results
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In Kim Jong Un's summer palace, fun meets guns
Reuters, Published on 10/10/2017
» SEOUL: In the seaside city of Wonsan, North Korean families cook up barbecues on the beach, go fishing, and eat royal jelly flavour ice cream in the summer breeze. For their leader Kim Jong Un, the resort is a summer retreat, a future temple to tourism, and a good place to test missiles.
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ThaiBev acquires Myanmar distilleries as TPG exits
Reuters, Published on 13/10/2017
» Thai Beverage Public Co has acquired a combined 75% stake in two Myanmar distilleries in a deal worth $742 million, hoping to tap into growth in the country's nascent spirits market.
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AIA new business climbs 20%
Reuters, Published on 20/10/2017
» AIA Group Ltd, the world's third-largest life insurer by market value, clocked a 20% increase in new business in the third quarter, aided by strong sales in its main markets of China and Hong Kong.
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Rise in gold smuggling expected
Business, Reuters, Published on 28/09/2017
» MUMBAI: Gold smuggling in India, the world's second-biggest consumer of the metal, is likely to rise during the country's peak holiday season as buyers try to avoid paying a new sales tax and to dodge new transparency rules.
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Google steps up its hardware push with $1.1bn HTC deal
Business, Reuters, Published on 22/09/2017
» TAIPEI/SAN FRANCISCO: Alphabet Inc's Google said late Wednesday that it would pay US$1.1 billion for the division at Taiwan's HTC Corp that develops the US firm's Pixel smartphones -- its second major foray into phone hardware after an earlier costly failure.
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Jollibee eyes more deals to boost growth
Business, Reuters, Published on 26/09/2017
» MANILA/SINGAPORE: Filipino billionaire Tony Tan Caktiong, who has built Jollibee Foods Corp into a near-4,000 store purveyor of sweet-style spaghetti, burgers and fried chicken, is looking to buy existing brands in mature markets to help fuel future growth.
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S&P downgrades China as credit growth still too fast
Reuters, Published on 22/09/2017
» BEIJING: China's attempts to reduce risks from its rapid buildup in debt are not working as quickly as expected and credit growth is still too fast, S&P Global Ratings said on Friday, a day after it downgraded the country's sovereign credit rating.
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Fewer babies born in Singapore last year despite incentives
Reuters, Published on 27/09/2017
» SINGAPORE: Fewer babies were born in Singapore last year, according to statistics announced on Wednesday, despite generous government incentives to boost fertility in the city-state.
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Lazada's logistics battle to win Southeast Asia
Reuters, Published on 29/09/2017
» SINGAPORE: Southeast Asia is on the verge of a logistics "boom" thanks to e-commerce, but will require huge investment in cities and last-mile networks to cope, says Pierre Poignant, the man behind the systems that keep Alibaba-owned Lazada moving.
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Macau government's coffers swell
Business, Reuters, Published on 13/09/2017
» MACAU: Over the past five years, Macau has raked in US$70 billion in taxes from the casinos that have made the territory the largest gambling centre in the world. But it has invested less than 10% of that take -- by far its largest source of income -- in much needed infrastructure.
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