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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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18-Jan-19 Indian infrastructure conglomerate Adani Group has signed a joint venture with German giant BASF for setting up acrylics manufacturing units costing USD2.25 bn, in its first foray into petrochemicals, and BASF’s largest investment in India to date. [image: AFP]
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16-Jan-19 As wages in China have risen, many Hong Kong enterprises with manufacturing there have tried to cut costs and navigate the Sino-US trade dispute by taking production offshore to emerging economies such as Indonesia, India and Vietnam. [image: HKTDC]
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10-Jan-19 Worldwide users of Alipay, China’s leading online payment platform, have exceeded one billion. Alipay’s Ant Financial Services Group said it had cooperated with nearly ten major overseas smart payment companies, which contributed to its growth in user numbers. [image: Alipay]
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Insights
08-Jan-19 The US government is concerned about India’s revised e-commerce regulations and has said the policy will hinder the Indian investment plans of Amazon.com and Walmart Inc. The rules ban companies from making exclusive deals with sellers. [image: Reuters / Mike Segar]
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