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Turkey will raise the monthly minimum wage by 8 percent to 1,404 Turkish liras ($397), Labor Minister Mehmet Müezzinoğlu said at a press conference on Dec. 29 in Ankara, a level that trade unions did not welcome

Thai stocks opened up 0.02% at the start of trade this morning.

A large foreign reserve buffer, sound economic fundamentals, low exposure to foreign debt and limited foreign holdings of local bonds and equities will help Thailand avoid following in the footsteps of the ringgit rout and massive capital flight from Malaysia, say economists and market experts.

Budapest: Ryan Gosling, Harrison Ford, Hugh Jackman. Spotting hunky Hollywood actors is no big deal any more in Budapest, now one of Europe's top hubs for foreign film productions thanks to attractive tax breaks and cutting-edge facilities.

U.S. President-elect Donald Trump says Sprint and satellite firm OneWeb will bring 8,000 jobs to the United States, crediting optimism linked to his election. The post Trump trumpets jobs, prosperity preachers at inauguration appeared first on The Japan Times.

What are the odds that the public can be convinced of the case for legalized casino gambling? With the passage of a controversial bill earlier this month lifting the ban on casino gambling, and in the face of strong public opposition, supporters now must make the case to a skeptical ...

Stocks plunged on the Tokyo Stock Exchange Thursday, weighed down by a Wall Street sell-off overnight and the yen’s advance against the dollar. The 225-issue Nikkei average dropped 256.58 points, or 1.32 percent, to close at 19,145.14. On Wednesday, the key market gauge shed 1.34 points. The Topix index of ...

For years, Toyota Motor Corp. focused on pushing its hybrid models in Europe, avoiding a diesel-for-diesel competition with market leaders including Volkswagen AG. The carmaker’s strategy is finally paying off. In the first full year since Volkswagen’s emissions scandal threw the German giant into disarray, Toyota is on track for ...

The dollar dropped below ¥116.50 in Tokyo trading on Thursday, pressured by a plunge in Tokyo stocks as well as overnight falls in U.S. share prices and long-term interest rates. At 5 p.m., the dollar stood at ¥116.36-37, down from ¥117.50-51 at the same time Wednesday. The euro was at ...

Germany's arch conservative Christian Social Union (CSU) party, a junior partner in Chancellor Angela Merkel's coalition, wants to close off the Mediterranean Sea route for migrants by sending them back to Africa rather than allowing them to stay in Europe. As a reaction to the December 19 truck attack in Berlin, ...