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Vai alla Scheda Paese »That’s what the world is, after all: an endless battle of contrasting memories.
— Haruki Murakami
That’s what the world is, after all: an endless battle of contrasting memories.
— Haruki Murakami
The dollar dropped below ¥111.50 in Tokyo trading Friday, hurt by sluggish Tokyo stocks and position-adjustment sales. At 5 p.m., the dollar stood at ¥111.24-25, ...
Mexico is ready to work with Japan to push for the Trans-Pacific Partnership to take effect without the United States, said Juan Carlos Baker, Mexican ...
[Daily News] India's Prime Minister Narendra Modi yesterday pitched for an "Asia-Africa growth corridor" supported by Japan and India and declared Africa is top priority for India's foreign and economic policy.
Moody’s on Wednesday slashed China’s credit rating for the first time in almost three decades citing concerns about the country’s rising debt and slowing growth, but Beijing rejected the downgrade as “inappropriate.” The move comes as China tries to clean up a toxic brew of unregulated and risky lending that ...
Western Digital Chief Executive Officer Steve Milligan and Toshiba President Satoshi Tsunakawa held talks Wednesday over a potential acquisition. Toshiba is believed to have expressed reluctance to accept the plan. The post Western Digital offers ¥2 trillion for Toshiba’s chip unit appeared first on The Japan Times.
The dollar bounced back above ¥111.50 in Tokyo trading Wednesday, following a hawkish remark by the head of the Federal Reserve Bank of Philadelphia. At 5 p.m., the dollar stood at ¥111.94-94, up from ¥111.20-20 at the same time on Tuesday. The euro was at $1.1175-1176, down from $1.1252-1254, and ...
Government officials Wednesday raided the offices of Shoko Chukin Bank, a state-linked lender for small and medium-sized firms, over improper loans issued under a state-backed program to help crisis-hit companies. The Financial Services Agency, the Ministry of Economy, Trade and Industry and the Finance Ministry plan to look into the ...
Former head of the U.S. Federal Reserve, Ben S. Bernanke, endorsed the Bank of Japan’s extraordinary easing measures to break free of persistent deflation and underlined the importance of coordinating monetary policy with fiscal stimulus. “Despite improvement in the Japanese economy, I think there’s still a strong case for the ...
SoftBank Group has quietly amassed a $4 billion stake in Nvidia, making it the fourth-largest shareholder in the graphics chip-maker, according to people familiar with the situation. SoftBank, which just closed its Vision Fund, disclosed it owned an unspecified amount of Nvidia stock when it announced $93 billion of commitments ...
April sales at department stores nationwide rose 0.7 percent from a year earlier on a same-store basis, up for the first time in 14 months, an industry group has announced. Overall sales at 229 outlets operated by 80 companies totaled ¥452.7 billion. The growth mainly reflected brisk demand for cosmetics ...
Stocks turned higher on the Tokyo Stock Exchange Wednesday, helped by the yen’s fall against the dollar. The 225-issue Nikkei average gained 129.70 points, or 0.66 percent, to finish at 19,742.98. On Tuesday, the key market gauge shed 65 points. The Topix index of all first-section issues closed up 9.89 ...
Toshiba could begin the process to sell a majority stake in Westinghouse Electric this fall as the U.S. company makes its way through a bankruptcy proceeding, according to Mark Marano, Westinghouse’s chief operating officer. Tokyo-based Toshiba has “signaled pretty clearly to the market” that it wants to divest a majority ...
Confidence among Japanese manufacturers receded in May for the first time in nine months after hitting a decade-high level April, a Reuters survey has found, showing guarded optimism in a nascent export-led economic recovery. The monthly poll — which tracks the Bank of Japan’s key quarterly tankan — showed confidence ...
Japan’s trade ministry said Tuesday the number of “problematic” anti-dumping measures is rising, citing South Korean stainless steel and U.S. steel sheet trade cases as among priority issues to tackle. In its annual report on unfair trade practices, the Ministry of Economy, Trade and Industry newly cited eight cases of ...
Six major Japanese media firms, including Tokyo Broadcasting System Holdings Inc., said Tuesday they will jointly establish a new company in July to offer paid online video services. The new company will offer dramas, economic news and other content starting April next year. It will create exclusive programs and spinoffs ...
President Donald Trump’s proposed budget includes a cut of about $120 million for the Hanford Nuclear Reservation, despite two recent incidents that raised concern about worker safety at the former nuclear weapons production site. Hanford for decades made plutonium for nuclear weapons, and it now is engaged in a massive ...
President Donald Trump’s first budget proposal got an icy reception on Capitol Hill Tuesday, and that was just from the Republicans. Longtime GOP Rep. Hal Rogers of Kentucky declared proposed cuts to safety net and environmental proposals “draconian.” “I don’t think the president’s budget is going anywhere,” said Republican Sen. ...
U.S. environmental regulators on Tuesday filed a lawsuit against automaker Fiat Chrysler, accusing the company of installing devices on its trucks that hid harmful emissions during testing. The company kept the software’s existence from regulators during the certification process for 104,000 3.0-liter light-duty diesel vehicles, according to the Environmental Protection ...
The dollar weakened in Tokyo trading Tuesday amid sluggish Japanese stocks, a suspected terror attack in Britain and news reports about U.S. President Donald Trump’s Russia-related allegations. At 5 p.m., the dollar stood at ¥111.20-20, down from ¥111.29-30 at the same time Monday. The euro climbed to $1.1252-1254, up from ...
The government proposed stepping up investment in human resources development and promoting labor reform in its overview of an economic and fiscal policy blueprint Tuesday, as the graying nation tries to boost its productivity and growth potential. The government hopes to finalize the policy blueprint next month, which aims to ...
Stocks turned lower Tuesday, dragged down by the yen’s ascent against the dollar. The Nikkei 225 shed 65.00 points, or 0.33 percent, to finish at 19,613.28. On Monday, the key market gauge gained 87.52 points. The Topix, which covers all first-section issues, closed 2.43 points, or 0.16 percent, lower at ...