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SPH, Keppel mull buyout of $1.1bn S’pore carrier M1

Bloomberg Singapore Press Holdings (SPH) and an arm of Keppel Corp. are considering making a general offer for the shares they don’t already own in the city-state’s smallest wireless operator, M1 Ltd., people with knowledge of the matter said. The pair has approached M1’s biggest shareholder, Malaysian carrier Axiata Group Bhd., about the potential transaction, the people said, asking not ...

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China to cut import tariffs on goods to lower ‘tax burden’ on consumers

Bloomberg China will cut import tariffs on goods including machinery, paper, textiles and construction materials from November 1, in a move that would lower costs for consumers and companies as a trade war with the US deepens. The decision will lower tariffs for 1,585 products, state radio reported, citing a meeting of the State Council. The combination of these and ...

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India’s Lupin starts review of Japan arm

Bloomberg Lupin Ltd. has started a strategic review of its Japanese operations, people with knowledge of the matter said, as the Indian pharmaceutical company seeks to focus on higher-growth areas. The Mumbai-based drugmaker is working with advisers as it explores options for the Japan business, according to the people, who asked not to be identified because the information is private. ...

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