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HNA’s container sale a bet on Trump’s trade wars

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When a company decides to get out of a market by selling off its assets, is that a good sign for the business in question, or a bad one? The answer will weigh on potential buyers of Seaco Srl, the fourth-largest lessor of shipping containers. HNA Group Co., which owns the company via its control of Bohai Capital Holding Co., ...

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Samsung back in favour as Moon kick-starts ‘economy’

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Bloomberg In a meeting that was unthinkable 19 months ago, South Korea’s president will this week introduce the head of the country’s biggest conglomerate to North Korean leader Kim Jong-un in Pyongyang. The parley caps a remarkable period for Lee Jae-yong, vice chairman of Samsung Electronics Co., who since the start of 2017 has been arrested, tried and jailed before ...

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India signals trade war truce as US ramps up ‘tariffs’

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Bloomberg India again deferred the imposition of retaliatory tariffs on some US imports, signaling its readiness to find a solution to avert a trade war in contrast to the path China has taken. The tariff plan has been deferred to November 2, according to a notification from the finance ministry. New Delhi had previously planned to levy higher tariffs effective ...

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