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Giappone
Japan’s job availability in May best in 24 years; unemployment flat
Job availability reached the best level in over 24 years and the unemployment rate stayed flat at 3.2 percent in May, the government said Friday, indicating that the country’s labor market remains tight. The job availability ratio improved to 1.36 in May, the highest level since October 1991, the labor ...
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Giappone
Japan land prices up 0.2%; first gain in eight years
Land prices have eked out their first gain since 2008 as overseas investment, rock-bottom interest rates and the Bank of Japan’s stimulus nudged urban housing markets upward. The post Japan land prices up 0.2%; first gain in eight years appeared first on The Japan Times.
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Giappone
Renesas embraces change with plans to outsource chip R&D
Renesas Electronics Corp. is doing something that only a decade ago would have been unthinkable for a Japanese semiconductor maker: outsourcing research overseas. Outsourcing more R&D reduces the cost of developing components for new applications in autonomous cars and “the internet of things,” Chief Executive Officer Bunsei Kure said on ...
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Giappone
Belarus cuts four zeroes off currency amid economic woes
Belarus has redenominated its currency, cutting four zeroes off its face value, as the country struggles with recession. Friday’s redenomination is the third since the nation of 10 million became independent after the 1991 Soviet collapse. The Belarusian ruble, which had traded at 20,000 to the dollar before the move, ...
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Giappone
OECD tax-dodging confab concludes with agreement to draft blacklist criteria
In effort to crack down on corporations and individuals that evade taxes overseas, representatives from 82 countries agreed to draft criteria that could be used to put non-cooperative nations and jurisdictions on an international blacklist. The two-day meeting, which concluded in Kyoto Friday, was held by the Organization for Economic ...
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Giappone
Pension giant GPIF likely lost over ¥5 trillion playing stock market in 2015
The Abe administration’s decision to let Japan’s public pension giant play the stock market resulted in a loss of more than ¥5 trillion last year, sources say. The post Pension giant GPIF likely lost over ¥5 trillion playing stock market in 2015 appeared first on The Japan Times.
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Giappone
Dollar cuts early gains to trade around ¥102.50 in Tokyo
The dollar gave up early gains and fell to around ¥102.50 in Tokyo trading late Friday, dampened by position-adjustment selling ahead of the weekend. At 5 p.m., the dollar stood at ¥102.54-55, down from ¥102.69-70 at the same time Thursday. The euro was at $1.1106-1108, down from $1.1115-1115, and at ...
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Giappone
Japan consumer confidence up again in June
Consumer confidence improved in June for a second month amid better employment conditions and relatively stable stock markets, the government said Friday. The seasonally adjusted index of sentiment among households made up of two or more people rose 0.9 points to 41.8, the Cabinet Office said. The survey was conducted ...
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Giappone
New BOJ member Masai warns about risks of excessive forex moves
The Bank of Japan’s new board member has warned that excessive moves in foreign-exchange markets pose risks for economic activity. “It’s undesirable for foreign-exchange rates to move by not reflecting economic fundamentals,” Takako Masai, the board member who officially joined the bank Thursday, said at her inaugural news conference in ...
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Giappone
Nikkei rises for fifth session, with upside limited
The benchmark Nikkei average advanced for the fifth straight session on the Tokyo Stock Exchange Friday, helped by buying on the back of Wall Street’s overnight rise, but its upside was capped by selling on a rally. The 225-issue Nikkei average climbed 106.56 points, or 0.68 percent, to end at ...