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Giappone
Abenomics seen stalling with Toyota pushback against raise
To understand what Prime Minister Shinzo Abe is up against in trying to spring Japan from the deflationary trap stunting its economy, consider the pushback by its most prominent industrialist Akio Toyoda at the wage negotiating table this month. Toyota Motor Corp. had told its union last week that it ...
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Giappone
PlayStation virtual reality gear to launch in October
Sony plans to make virtual reality — long the stuff of films set in the distant future — mainstream with the October release of PlayStation VR headgear priced at $399 (about ¥45,000). “Virtual reality represents a new frontier for gaming, one that will forever change the way users interact with ...
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Giappone
Tokyo stocks drop further amid wait-and-see mood
Stocks lost further ground on the Tokyo Stock Exchange Wednesday, hurt by selling on the back of the yen’s early strength and a fall in crude oil prices, with investors sitting on the fence ahead of a U.S. monetary policy decision. The 225-issue Nikkei average fell 142.62 points, or 0.83 ...
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Qatar
GCC needs infrastructure bond market for project finance - bank CEO
Doha Bank chief also says framework needed to address project and contract financing challenges
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UAE banks warned against “excessive lending”
Arab Monetary Fund chairman says provision of unjustifiably large loans can have fatal repercussions for global economy
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Dubai Investments proposes 12% cash dividend for 2015
Conglomerate last month reported a 2.6% rise in fourth-quarter net profit
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Cina
Blackmores, Bega target China
Australian cheese maker Bega and Blackmores are eyeing the ageing population for their next joint venture product.
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UAE's Aldar sets new dividend policy, may lead to bigger payouts
Abu Dhabi developer says new policy is based on the underlying cashflow of Aldar's business
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Myanmar
Gold smuggling thrives across Myanmar's borders
YANGON — The thriving illegal business in gold across Myanmar’s porous borders is likely to continue unchecked until the government legalises trade of the raw material, traders and industry sources said.
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Italia
European car sales shift up a gear
PARIS - European cars sales raced ahead in February, increasing by 14.3% from the same month last year, with sales in Italy jumping by over a quarter, data released Wednesday by an auto manufacturer's association showed.