-
Giappone
Japan’s major business lobby to urge workers to take more holidays
Japan’s most influential business lobby pledged Friday to urge its member firms to have employees take more holidays in a bid to boost the tourism industry. In a dialogue with the government, the chief of the Japan Business Federation, better known as Keidanren, said the lobby will call on companies ...
-
Giappone
Japan to conduct road tests for diesel vehicles over NOx concerns
The transport ministry plans to start road trials for diesel vehicles after the amounts of nitrogen oxide emitted from four of six models exceeded the maximum-allowable level in a recent test. Transport minister Keiichi Ishii told a news conference on Friday that no software that manipulates emission levels was found ...
-
Giappone
Calls for fiscal spending grow in Japan ahead of summit, election
Amid a politically eventful year, calls are growing within the government and ruling parties to compile stimulus steps to gird the flagging economy ahead of a key summit and the Upper House election. Though doing so would go against the nation’s efforts to heal itself fiscally, a pledge by Group ...
-
Giappone
JW Marriott hotel to open in Nara in 2020
A luxury hotel run by Marriott International Inc. will open in the spring of 2020 in the ancient city of Nara, according to real estate developer Mori Trust Co. The JW Marriott Hotel Nara will be the first foreign luxury hotel in Nara Prefecture, known for the world heritage sites ...
-
Giappone
Dollar easier below ¥114 in Tokyo ahead of U.S. jobs data
The dollar was easier moderately below ¥114 in late Tokyo trading on Friday, with traders awaiting key U.S. jobs data for February, to be released later in the day. At 5 p.m., the dollar stood at ¥113.87-91, down from ¥114.13-14 at the same time Thursday. The euro was at $1.0950-0951, ...
-
Giappone
Abe taps finance researcher for Bank of Japan’s divided board
Prime Minister Shinzo Abe’s government nominated an international finance researcher to the Bank of Japan’s divided board to fill the seat of a retiring member who recently voted against expanding monetary stimulus. Makoto Sakurai, 70, of the Sakurai Associates International Finance Research Center, is to fill the seat of Sayuri ...
-
Giappone
Hon Hai may ink Sharp acquisition deal Monday: sources
Ailing Japanese electronics maker Sharp Corp. and Taiwan’s Hon Hai Precision Industry Co. are expected to sign a deal next week, possibly Monday, on Hon Hai’s acquisition of Sharp, according to sources familiar with the matter. Hon Hai is expected to shortly finish its screening of Sharp’s recently disclosed list ...
-
Giappone
Japan OKs recognizing virtual currencies as similar to real money
The Cabinet on Friday approved a set of bills to help banking groups expand their information technology businesses and to recognize virtual currencies as having a function similar to real money. Under the revised banking bills, bank-holding companies will be able to acquire IT-related ventures. The move is aimed at ...
-
Australia
Canberra won’t act on premiums
Government caps are not needed to cut insurance costs in northern Australia, says Kelly O’Dwyer.
-
Regno Unito
On Leadership: A radical idea for CEO pay: Just give them a fixed salary
The big debates on CEO pay tend to focus on one thing: How high it is.But in a recent essay in the Harvard Business Review, two London Business School professors say the real focus shouldn't just be on the size of CEO pay, but on how it's structured. Their argument: Research has ...