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Companies that traditionally focused on manufacturing baby products, are closing the businesses due to the diminishing demand resulting from the country's low birthrate, according to industry officials, Sunday.
![[News analysis] The evolution of S. Korean convenience stores over the 38-year history - Vimarsana News](https://vimarsana.com/images/vimarsana-bigimage.jpg)
CVS evolves from mere corner stores to one-stop shops that offer a plethora of services
(Bloomberg) -- Jitters about South Korea’s credit market extended into Tuesday, with bank and developer shares sliding and JPMorgan Chase & Co. warning of insolvency risks for financial firms and developers due to real estate exposure. Most Read from BloombergIran Sends Warship to Red Sea After US Sinks Houthi BoatsQuake Hits Northwestern Japan, Killing Four, Wrecking HomesIndia’s Crude Oil Imports From Russia Plunge on Payment IssuesUS Pushed Dutch Maker of Chip Equipment to Block Chinese Sales
The world’s third-largest automaker is cutting jobs in the US, Italy and France as the auto corporations seek to gain an edge in the highly competitive electric vehicle market.
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