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Cina
China's leaders have a 'communication issue': IMF chief
Poor communication by China's economic managers has led to uncertainty and exacerbated market fears, IMF chief Christine Lagarde said on Thursday at the annual Davos summit of economic and business leaders.
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Giappone
Number of passengers through Narita airport hits record high in 2015
The number of domestic and international passengers using Narita International Airport near Tokyo hit a record high in 2015 for the second consecutive year, the airport’s operator said Thursday. The figure increased 5 percent from the previous year to 37.32 million, reflecting a surge in the number of visitors to ...
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Giappone
Government projects larger primary deficit of ¥6.5 trillion in fiscal 2020
The government is expecting a bigger than predicted primary deficit of ¥6.5 trillion ($55.6 billion) in fiscal 2020, reflecting the effects of a planned exemption of food items from a sales tax hike, Cabinet Office estimates showed Thursday. The latest estimates show Japan needs to make more effort to reach ...
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Cina Giappone
Davos forum kicks off with dour mood amid tough global conditions
The mood was glum as the World Economic Forum’s annual meeting of academics and leaders from business and politics kicked off Wednesday in Davos, Switzerland, with worries ranging from energy to geopolitics and China’s slowdown causing widespread unease. Problems such as the refugee crisis in Europe, the ultralow oil price ...
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Giappone
Sharp gets ¥600 billion offer from Foxconn
Foxconn Technology Group has offered about \600 billion to buy struggling electronics maker Sharp Corp., according to a person familiar with the talks. The post Sharp gets ¥600 billion offer from Foxconn appeared first on The Japan Times.
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Giappone
Dollar cuts gains to trade below ¥117 in Tokyo
The dollar pared early gains to move below ¥117 in late Tokyo trading on Thursday, as investors dumped the currency as stocks hurtled lower. At 5 p.m., the dollar stood at ¥116.73-74, marginally down from ¥116.77-78 at the same time Wednesday. The euro was at $1.0906-0908, down from $1.0939-0940, and ...
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Giappone
Suntory to sell 65% stake in Subway Japan
Suntory Holdings Ltd. will sell a 65 percent equity stake in Subway Japan Inc. to Subway International B.V., which controls the sandwich eatery chain outside the U.S., sources said Thursday. The shares would be worth several hundred million yen. In 1991, the Japanese food and beverage giant acquired the franchise ...
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Giappone
Nikkei slides nearly 400 points to hit 15-month low
Stocks plunged on the Tokyo Stock Exchange again Thursday, with the Nikkei closing at a 15-month low as investors took fright at the persistently low price of oil. The Nikkei ended down 398.93 points, or 2.43 percent, to close at 16,017.26, its weakest finish since October 2014. On Wednesday, it ...
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Giappone
Mizuho to sideline old boys’ network in next CEO selection vote
Mizuho Financial Group Inc. is doing away with the kind of opaque leadership selection process that’s common in the nation, vowing to ensure its next chief executive is chosen openly and fairly. The successor to CEO Yasuhiro Sato will be determined by a group of external directors rather than past ...
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Giappone
Convenience store sales rise 0.9%, spurred by coffee, ‘bento’ dishes
Sakes from convenience stores increased 0.9 percent in 2015 from the previous year on a same-store basis to around ¥9.3 trillion, an industry body said Wednesday. Including figures from new stores, the sales of 10 major chains climbed 4.7 percent to around ¥10.2 trillion, surpassing the ¥10 trillion mark for ...