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China’s exports climb, imports jump on solid global demand

Bloomberg China’s overseas shipments exceeded estimates while imports surged, as the global economy continued to support demand. Exports rose 12.9 percent in April in dollar terms, the customs administration said on Tuesday. Imports surged 21.5 percent, leaving a $28.8 billion trade surplus. “The data show continued strong growth of domestic demand and a rebound, albeit not too vigorous, of external ...

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Grab rivals rush into Philippine post Uber deal

Bloomberg A slew of ride-hailing ventures are taking to the gridlocked streets of Manila, undeterred by the market dominance of Grab now that it controls Uber in the Philippines. Hype Transport Systems Inc. and Ipara Technologies and Solutions Inc. are just two of the five new entrants approved by the regulator since Grab agreed to take over the operations of ...

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Modi orders team to do math on new jobs to showcase success

Bloomberg India’s Prime Minister Narendra Modi has asked his team to crunch numbers and figure out how many jobs were created in the four years of his rule — a key factor watched by the nation headed for elections in 2019. Ministries have been instructed to come up with a detailed note on the projects and programmes undertaken by them ...

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