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Giappone
Hitachi on track for ¥1 trillion sales in railway sector, CEO says
Hitachi Ltd. aims to boost railway-related sales to ¥1 trillion within a few years, Toshiaki Higashihara, president and CEO said. Railways are a growth area for Hitachi. However, speaking at a news conference in Berlin on Tuesday, Higashihara warned against a price war. “Safety, high-quality and trouble-proof performance are of ...
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Giappone
Tokyo Metro to launch left-luggage service
Tokyo Metro Co. is to launch a left-luggage service on a trial basis at Ginza Station in Tokyo in a bid to make shopping easier for tourists. Priced at ¥500 per bag, the company said the service counter will open on a trial basis for 10 days from Wednesday so ...
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Giappone
Strong yen resulted in trade deficit in August
Japan posted a goods trade deficit of ¥18.71 billion in August for the first red ink in three months, with a firming yen pushing down the value of exports, government data showed Wednesday. The value of exports dropped 9.6 percent from a year earlier to ¥5.32 trillion, down for the ...
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USA Giappone
Eager to expand, Seven-Eleven Japan aims for 20,000 stores in U.S.
Seven-Eleven Japan Co. expects to open thousands of new stores in the U.S., increasing its current tally of 8,500 to 20,000, President Kazuki Furuya said. The unit of Japanese retail giant Seven & I Holdings took full control of 7-Eleven Inc. of the United States in 2005. The U.S. unit ...
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Giappone
Japanese delegation, Chinese vice premier discuss economic issues
A major Japanese business delegation met with Chinese Vice Premier Zhang Gaoli on Wednesday to discuss ways to increase economic activities between the two countries, despite heightened political tensions. Zhang welcomed the Japanese business community’s relentless efforts toward contributing to friendly bilateral ties, even at a politically difficult time, when ...
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Giappone
Dollar shows wild swings in Tokyo after BOJ policy decision
The dollar gave up early gains to trade around ¥101.80 in Tokyo trading late Wednesday, showing wild swings after the Bank of Japan announced a new policy framework aimed at strengthening its monetary easing. At 5 p.m., the dollar stood at ¥101.80-82, up from ¥101.68-69 at the same time Tuesday. ...
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Giappone
Nikkei stages powerful rally as BOJ adjusts policy
The key Nikkei average staged a powerful rally on the Tokyo Stock Exchange Wednesday, led by financial and export-oriented stocks, following the Bank of Japan’s decision to introduce a target for long-term interest rates. The 225-issue Nikkei average surged 315.47 points, or 1.91 percent, to end at 16,807.62. On Tuesday, ...
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Giappone
Securities watchdog to step up scrutiny of insider trading in biotech sector
The securities watchdog will boost monitoring of health-care stocks for possible insider trading after increasing leaks of information that has the power to move markets, according to the top official of the Securities and Exchange Surveillance Commission. The SESC will step up scrutiny of trading in pharmaceutical and biotechnology shares ...
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USA
Keeping the peace in Northeast Asia
On September 18th, US Secretary of State John Kerry met with South Korean Foreign Minister Yun Byung-se, and Japanese Foreign Minister Fumio Kishida on the sidelines of the U.N General Assembly. The post Keeping the peace in Northeast Asia appeared first on Asian Correspondent.
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Nigeria
Banks derail CBN’s N1tr battle to boost economy
Lenders prefer traders to manufacturers, farmers MPC retains tight monetary measures Highlights of MPC meeting •Monetary Policy Rate (MPR) 14% •Cash Reserve Ration (CRR) 22.5% •Liquidity Ratio 30% •Asymmentric Window +200 -500 ADVOCATES of lower interest rates lost their battle yesterday. The Monetary Policy Committee (MPC) of the Central Bank ...