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USA Canada Giappone
Trump threatens Canada over dairy trade, slaps tariff on lumber
Trade tensions spiked between Washington and Ottawa Tuesday as President Donald Trump accused Canada of being “very rough” on its southern neighbor and threatened to retaliate against new restrictions on U.S. dairy products. Trump also touted his administration’s surprise decision late Monday to rekindle an old trade conflict with America’s ...
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USA Giappone
Uber eyes 2020 ‘flying car’ launch in Dubai, Dallas
Uber said Tuesday it wants to launch a system of flying cars to move people around cities, with a goal of putting demonstration projects in place by 2020. The ridesharing giant announced a series of partnerships to manufacture “vertical takeoff and landing” (VTOL) vehicles and put networks in place, a ...
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Giappone Corea del Sud
SK Chairman Hits the Road to Japan, Exploring Ways to Acquire Toshiba's Memory Unit
Chey Tae-won, chairman of SK Group, took a business trip to Japan in a move to orchestrate SK Hynix's attempt to acquire Toshiba's semiconductor business. This is his first overseas trip in five months after he visited oil-rich countries in the Middle East, including Saudi Arabia and the United Arab ...
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Cina
AmorePacific Sees Operating Profit down 10% in 1Q, Hit by China's THAAD Retaliation
AmorePacific Group saw its operating profit fall 10 percent year on year in the first quarter of this year, primarily due to the decline in the number of Chinese tourists resulting from China's retaliatory measures against Korea's THAAD deployment. Its sales, however, reached an all-time high in the first quarter ...
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Cina Mongolia Vietnam
E-Mart Pulls out of China after 20 Years of Hardship
E-Mart, Korea's largest discount store chain, will pull out of China entirely. It has been 20 years since the company opened the first store in China at Quyang Road in Shanghai. A company official said on April 24, "The remaining six stores of E-Mart will be closed within this year ...
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Cina
"We Will Offer Incentives to Companies Moving Plants out of China"...K-Sure
Moon Jae-do, president of the state-run Korea Trade Insurance Corp. (K-Sure), said, "We will offer incentives to those companies that relocate their production plants to other countries out of China." In a press talk with the Korea Economic Daily on April 23, Moon said, "We should take the THAAD [Terminal High ...
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USA
BOK Governor Says "Korean Export to Remain Strong Until Next Year"
Lee Ju-yeol, Governor of the Bank of Korea, said, "It is difficult to predict what economic policies the new administration would introduce. That would be the biggest variable facing the Korean economy in the second half of this year." During his participation in a meeting of G20 finance ministers and central ...
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Nigeria
NDLEA arrests siren-blaring hemp traffickers in police uniforms
The National Drugs Law Enforcement Agency has arrested two suspected drug traffickers who posed as police officers in the Nasarawa area of Kano metropolis. The Kano State Commandant of NDLEA, Alhaji Hamza Umar, told newsmen in Kano on Tuesday the suspects were arrested in a brand new escort vehicle with ...
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Nigeria
Slovak mission supports disabled community
Adelani Adepegba, Abuja The Slovak High Commission has supported the community-based Social Health Insurance Scheme for the Karamajiji disabled colony in the Federal Capital Territory with €10,000 (about N5million). The mission said it was committing the money to the health project for the beneficiaries, including N1.8m health insurance premium for ...
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Nigeria
W’Bank to mobilise funds for Nigeria’s power sector
Everest Amaefule, Abuja The World Bank Group has said that it will deploy a full range of instruments to mobilise investments to resolve Nigeria’s energy crisis. The Director of Operations at the Multilateral Investment Guarantee Agency, an arm of the World Bank Group, Sarvesh Suri, said this after a team ...