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South Korea’s export slump extends to 9th month amid gloom

Bloomberg South Korea’s exports extended their slump in August as an escalating feud with Japan adds to uncertainties for the economy already elevated amid the US-China trade war. Exports fell 13.6 percent in August from a year earlier, a ninth consecutive month of contraction, data from the trade ministry showed. That compared with economists’ consensus for a 12.5 percent drop. ...

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Maruti Suzuki’s car sales decline 33%

Bloomberg Car sales at Maruti Suzuki India Ltd, the nation’s biggest car maker, dropped 33 percent to 106,413 units, the company said in a press statement on Sunday. Deliveries of its small cars fell about 72 percent to 10,123, while exports declined 10.8 percent to 9,352. Car sales dropped 34 percent in July, the biggest decline in sales in almost ...

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Reliance Jio market share may jump to 45%, says India Ratings

Bloomberg The wireless carrier controlled by Indian billionaire Mukesh Ambani will probably keep drawing users away from rivals, reaching a market share of as much as 45 percent by fiscal year 2022, from 30 percent as of March, a unit of Fitch Group said. Reliance Jio Infocomm Ltd, which has been offering data tariffs that are as much as 30 ...

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