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  • Unilever says agreed to acquire Carver Korea for $2.7 billion from Goldman and Bain

    "It will significantly strengthen our position in North Asia, the largest skincare market in the world; and will complement our existing portfolio, enabling us to offer luxury skincare products at attainable price points," Alan Jope, Unilever President Personal Care, said in a statement.

  • As China weakens, recession stalks North Asia

    As China weakens, recession stalks North Asia

    As China undergoes a painful rebalancing of an economy that accounts for 16 percent of global GDP - up from below a tenth a decade ago - the International Monetary Fund predicts 5.5 percent growth this year for a region that also includes export powerhouses Japan, South Korea, Hong Kong and Taiwan.

  • What's behind Asia's Uber-sized problem?

    What's behind Asia's Uber-sized problem?

    Uber is once again making headlines but this time in Asia, where the controversial ride-sharing app is facing fresh legal accusations.

  • AMP Cap neutral on India, says valuation not too attractive

    AMP Cap neutral on India, says valuation not too attractive

    "The PE on the Indian share is about 14 times forward earnings, whereas in China it is about 9 times. So I think there is better value elsewhere," says Shane Oliver of AMP Capital.

  • See limited downside for Asian EMs: John Woods

    See limited downside for Asian EMs: John Woods

    John Woods of Citi Private Bank, sees limited downside for Asian emerging markets (EMs) and expects some sort of recovery from Q3 onwards. North Asian markets like Taiwan, Hong Kong, Singapore as a function of exports and uptick of growth in United States will see bottoming out first.

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