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Ghana
Terkper lobbies businesses on EXIM bank
Finance Minister, Seth Terkper has intensified lobbying for private sector businesses to enroll onto the Ghana Export and Import [Exim] bank and promote the country’s exports market. “I would want to entreat the private sector to partner with government in these institutions, it is true that the State Owned Enterprises ...
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Giappone
Tokyo stocks slide as yen continues to soar
Stocks fell steeply on the Tokyo Stock Exchange on Thursday, with the Nikkei average tumbling 259.63 points, or 1.55 percent, to close at 16,486.01. On Wednesday, it gained 149.13 points. The Topix index finished down 20.34 points, or 1.55 percent, at 1,290.79, after climbing 12.66 points the previous day. Stocks ...
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Giappone
Japanese exports dive 14 percent on strong yen
Japan posted a trade surplus of ¥513.5 billion in July, though exports sank 14 percent from a year earlier as the yen surged against the dollar, the government reported Thursday. The fall in exports by the world’s third-largest economy was outpaced by a nearly 25 percent drop in imports, suggesting ...
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Giappone
Governance improves at Japan Inc., but scandals show compliance remains a challenge
It’s not rare to see Japanese corporate executives bowing in apology for scandals resulting from weak governance and compliance, and then vowing to prevent a recurrence. A year after the introduction of a governance code urging companies to appoint multiple outside directors, many firms are trying to boost transparency and ...
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Giappone
New plastic resembles Japanese lacquerware; NEC says suitable for high-end cars
NEC Corp. said Wednesday it has co-developed a plastic that mimics Japanese lacquerware and may be suitable for use in luxury car interiors. NEC developed the bioplastic in collaboration with the Kyoto Institute of Technology and Yutaro Shimode, a lacquerware artist, using cellulose resin produced from non-edible plants such as ...
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Giappone
Government may tweak popular tax-free savings program to allow longer-term investments
The government is considering expanding the small-lot NISA investment program by introducing a longer-term tax break, sources said Thursday. It hopes to attrack more younger savers with the move. The Financial Services Agency intends to include the creation of such an option under the Nippon Individual Savings Accounts in the ...
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Giappone
Japan Post to sell lackluster online payments unit
Japan Post Co. plans to sell an online payments unit to information technology services firm GMO Internet Inc., sources said Thursday. Japan Post Finance Co., which offers payments services to online retailers, has struggled to win customers amid competition from rivals such as Rakuten Inc. Its clients are thought to ...
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Giappone
BOJ cornered as Japanese banks seen running out of bonds to sell
The nation’s biggest banks are running out of room to sell their government bond holdings, pushing the central bank closer to the limits of its record monetary easing. Japan Post Bank Co. and the nation’s three so-called mega-banks have almost halved their sovereign bond holdings to ¥114 trillion since March ...
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USA Giappone
Pesticide-resistant whitefly found in U.S.; crop devastation feared
A tiny, invasive whitefly that is resistant to pesticides and carries crop-devastating viruses has been found outdoors in the United States for the first time, raising concerns among fruit and vegetable growers. The Q-biotype whitefly turned up in April in the heavily manicured gardens of an affluent neighborhood in south ...
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Giappone Regno Unito
World’s largest aircraft, helium-filled airship Airlander, takes off for first time
A blimp-shaped, helium-filled airship considered the world’s largest aircraft flew for the first time Wednesday with a short but historic jaunt over an airfield in central England. Engines roaring, the 302-foot (92-meter) Airlander 10 rose slowly into the air from Cardington airfield, 45 miles (73 kilometers) north of London. A ...