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Giappone
Japan’s government talks of postponing 2017 tax hike
The government is ready to postpone a scheduled hike in the consumption tax if the move looks like it would weaken the economy and reduce total tax revenues, Chief Cabinet Secretary Yoshihide Suga told a regular news conference Friday. The government has pledged to hike the unpopular tax to 10 ...
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Giappone
Dollar cuts gains to trade below ¥113 in Tokyo
The dollar gave up some of its early gains to move below ¥113 in Tokyo trading late Friday, with a wait-and-see mood growing before Group of 20 top finance officials start their two-day meeting later in the day. At 5 p.m., the dollar stood at ¥112.87-88, still up from ¥112.16-17 ...
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Giappone
Panasonic to cut 50 jobs at solar ingot plant in Oregon
Panasonic Corp. will cut 50 jobs in April at a factory that makes solar ingots in Oregon amid slowing demand for photovoltaic panels in Japan. The plant, which employs about 140 people, began reducing ingot production in January, a Panasonic spokeswoman said Friday. The company plans to increase output once ...
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Giappone
Nissan disables Leaf electric car app after cross-continent hack
Nissan Motor Co. has disabled a mobile application for controlling its Leaf electric car after a security researcher demonstrated how hackers could access temperature controls and other functions from across continents. The nation’s second-largest automaker made the app unavailable after Australian researcher Troy Hunt demonstrated an ability to hack into ...
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Giappone
Japan’s century-old Sharp bets future on foreign takeover
In 1916, Sharp got its start making belt buckles and sharpened pencils — hence the name. But a century later the firm, which ballooned into a global consumer electronics giant, found itself in dire straits, saddled with huge debts and mounting losses. A restructuring plan failed to stop the bleeding ...
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Giappone
Slim raises at Japan’s spring wage talks no help to Abe, Kuroda
Shinzo Abe and Haruhiko Kuroda shouldn’t look to spring wage talks for much help in spurring inflation and economic growth in Japan. If anything, the picture emerging from the negotiations between some of Japan’s biggest companies and their unions is one of stagnation and slim raises. And the talks, most ...
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Giappone
Tokyo stocks rise on higher U.S. market, yen’s easing
Stocks advanced further on the Tokyo Stock Exchange Friday, supported by an overnight rise in U.S. equities and a weaker yen. The 225-issue Nikkei average climbed 48.07 points, or 0.30 percent, to close at 16,188.41. On Thursday, the key market gauge gained 224.55 points. The Topix index of all first-section ...
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Giappone
Japan’s January CPI doesn’t budge with BOJ far from 2% goal
The Bank of Japan’s key price gauge did not move in January as it continued to hover around zero, putting Gov. Haruhiko Kuroda far from his 2 percent inflation goal even after adopting a negative-rate policy. Low energy prices are disrupting Kuroda’s efforts to reach his inflation target, with some ...
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India
Sensex up 178 points on Budget hopes
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India
Special visa for SAARC businessmen from April