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Cina
Chinese top Angkor Wat visitors last year
Most of the foreign tourists who visited the Unesco World Heritage-listed Angkor Archaeological Park last year hailed from China, the Angkor Institute said on Thursday.
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Giappone
Osaka duty-free shop plan scrapped as tourist shopping sprees slow
Kansai Airports said Thursday it has scrapped a plan to open a duty-free shop in central Osaka due to a slowdown in so-called explosive shopping by tourists. Spending by foreign visitors to Japan decreased in the July-September quarter from a year earlier, the first quarterly drop in over 4½ years, ...
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Giappone
Uniqlo quarterly profit up 45 percent after refocus
As it refocused on a strategy aimed at luring thrifty shoppers, Uniqlo’s parent company said Thursday that quarterly net profit jumped by almost half from a year ago. Fast Retailing’s net profit rose 45 percent to ¥70 billion in the fiscal first quarter to November, while revenue edged up 1.6 ...
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Giappone
Dollar falls below ¥114.50 in Tokyo on Trump disappointment
The dollar plunged below ¥114.50 in Tokyo trading on Thursday, coming under selling after U.S. President-elect Donald Trump gave no details of the economic policies of his incoming administration at a closely watched news conference overnight. At 5 p.m., the dollar stood at ¥114.27-36, down from ¥116.06-06 at the same ...
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Giappone
Japan logs 29th consecutive current account surplus in November
Japan posted a current account surplus for the 29th straight month in November as the value of imports fell more than exports due to the rise of the yen’s value from a year earlier, the government said Thursday. The surplus in the current account, one of the widest gauges of ...
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Giappone Australia
Australia, Japan ink deal on bulk shipping of liquid hydrogen for energy project
Australia and Japan signed a memorandum of understanding allowing for liquid hydrogen to be shipped in bulk for the first time as part of a sustainable energy trade project scheduled to commence as a pilot project in 2020. The memorandum was signed on Wednesday by Australian Maritime Safety Authority representative ...
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USA Giappone
Toshiba may face still heavier losses in U.S. nuclear business: source
Toshiba Corp. anticipates that total losses at its nuclear business in the United States could be larger than earlier stated due to a write-down at its subsidiary Westinghouse Electric Co., a source familiar with the matter said Wednesday. The development may further taint the financial standing of the company that ...
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Giappone
Tokyo stocks dive on disappointment over Trump remarks
Stocks plunged on the Tokyo Stock Exchange Thursday, due to investor disappointment over U.S. President-elect Donald Trump’s failure to clarify his economic policy measures. The 225-issue Nikkei average fell 229.97 points, or 1.19 percent, to end at 19,134.70. On Wednesday, the key market gauge rose 63.23 points. The Topix index ...
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Giappone
British Columbia OKs Trans Mountain pipeline to Alberta oil sands area
Canada’s Pacific Coast province of British Columbia on Wednesday approved the expansion of Kinder Morgan’s Trans Mountain pipeline from the Alberta oil sands that will allow oil exports to Asia. British Columbia Premier Christy Clark announced the conditions her government placed on the project have been met with a deal ...
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Cina Giappone
China makes awkward free trade champion, experts say
As the biggest beneficiary of globalization, China stands ready to proclaim itself the champion of free trade in the face of a more protectionist U.S., but analysts say Beijing’s attitude is much more one of pick and choose. Since Donald Trump was elected on a platform of tearing up trade ...