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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
Stocks gained further ground on the Tokyo Stock Exchange Thursday thanks to the yen’s easing, lifting the benchmark Nikkei average to its first finish above 19,000 in three days. The 225-issue Nikkei average gained 177.88 points, or 0.94 percent, to end at 19,072.25. On Wednesday, the key market gauge rose ...
Toshiba Corp. has sought financial assistance from the state-owned Development Bank of Japan as it expects an asset impairment loss of up to ¥700 billion ($6.17 billion) from its U.S. nuclear business, sources said Thursday. With such a huge loss, Toshiba would face the risk of falling into a capital ...
Trading house Mitsui & Co. said on Wednesday it has reached an agreement to acquire a 40 percent stake in a British rail franchise from a subsidiary of the Dutch national railway. Both Mitsui and Abellio Transport Group Ltd., a wholly owned subsidiary of the Nederlandse Spoorwegen NV Group, declined ...
Donald Trump and Hillary Clinton voters had different media diets, but a study finds common ground in Facebook as an important news source — even if their individual feeds bore little resemblance to each other’s. Facebook was the top nontelevision source for election news cited by supporters of both candidates, ...
A pickup in manufacturing, “widespread” reports of labor shortages and improving business investment set the stage for the Federal Reserve’s December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic conditions. Manufacturers in “most” of the ...
Imagine you’re behind the wheel when your brakes fail. As you speed toward a crowded crosswalk, you’re confronted with an impossible choice: veer right and mow down a large group of elderly people or veer left into a woman pushing a stroller. Now imagine you’re riding in the back of ...
Vegemite and other grocery products are being sold by Oreo-maker Mondelez to Australian dairy company Bega Cheese in a deal worth about $345.3 million (460 Australian dollars). Mondelez International Inc. said Wednesday it’s selling most of its grocery business in Australia and New Zealand to focus on snacks like Oreo ...
Sales at major department stores have been stagnant for the past five years and lack promising elements for a pickup, re
Major hotel chain operator Apa Group is facing fierce criticism after two students who stayed at one of its hotels in Tokyo posted a video about a book written by its CEO, which claims the 1937 Nanking Massacre committed by the Imperial Japanese Army was “fabricated by the Chinese side.” ...
The so-called Trump rally, in which stock prices advanced on expectations for incoming U.S. President Donald Trump’s fiscal stimulus, is likely “over,” prominent U.S. economist Allen Sinai said in an interview in Tokyo on Wednesday. The market “over-anticipates and waits for the reality,” he said. “We are probably going through ...
Donald Trump may have a point: the dollar is indeed strong. Judging from the Federal Reserve’s own trade-weighted dollar index, the U.S. currency is now around 7 percent above its four-decade average. A strong dollar isn’t necessarily detrimental to the economy, but it may torpedo Trump’s vision to revive America’s ...
Mori Building Co. said Wednesday it will start the construction of a new Toranomon Hills high-rise building in Tokyo’s Minato Ward on Feb. 1, aiming to complete it in December 2019. The building, tentatively called Toranomon Hills Business Tower, will have 36 stories above ground and three underground levels. It ...
U.S. President-elect Donald Trump says he may change tack if a large-scale tax cut proposed by him drives the dollar higher. The post Trump’s ‘open-mouth operations’ make Twitter key for currency traders appeared first on The Japan Times.
The dollar bounced back above ¥113 in Tokyo by late Wednesday after tumbling below the threshold on incoming U.S. President Donald Trump’s reported frustration with the U.S. currency’s current strength. At 5 p.m., the dollar stood at ¥113.32-33, against ¥113.28-29 at the same time Tuesday. The euro was at $1.0678-0678, ...
Toshiba Corp. is considering spinning off its key flash-memory business as part of efforts to make up for expected losses in its U.S. nuclear unit, a source familiar with the plan said Tuesday. Toshiba’s advanced NAND-type flash memory, which is used for devices such as smartphones, has a leading share ...
Toyota Motor Corp. and four of its car-making peers are joining oil and gas giants including Royal Dutch Shell PLC and Total SA with plans to invest a combined €10 billion ($10.7 billion) in hydrogen-related products within five years. In all, 13 energy, transport and industrial companies are forming a ...
Chinese President Xi Jinping offered a vigorous defense of globalization Tuesday, pushing back against the “America first” rhetoric of incoming U.S. President Donald Trump and signaling Beijing’s desire to play a bigger role on the global stage. Xi’s speech to political leaders, CEOs and bankers at the World Economic Forum ...
The owner of a business in an industrial area of Phoenix says he was running a legitimate porn studio where amateurs could rent cameras, lights and props to create their own sex scenes with the help of a model. Authorities, however, say it was nothing more than a cleverly disguised ...
Stocks rebounded on the Tokyo Stock Exchange Wednesday, supported by buying on dips after a two-day fall. The 225-issue Nikkei average gained 80.84 points, or 0.43 percent, to close at 18,894.37. On Tuesday, the key market gauge tumbled 281.71 points. The Topix index of all first-section issues ended up 4.76 ...
Asahi Group Holdings Ltd. wants to grow its overseas business to about a third of sales with more acquisitions as the nation’s largest brewer seeks to offset a falling beer market at home. Further acquisitions would follow the company agreeing to buy about $11 billion of SABMiller PLC’s brands. “The ...
Japan will continue to press Britain and the European Union to limit the effects on Japanese firms of Britain’s exit from the bloc, the government’s top spokesman said Wednesday, a day after British Prime Minister Theresa May outlined her plan for “Brexit.” Chief Cabinet Secretary Yoshihide Suga told a news ...