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Giappone
Minicars at center of Mitsubishi mileage scandal to remain on sale, despite having 11% worse performance than advertised
The transport ministry said Tuesday the fuel economy of four Mitsubishi Motors Corp. minicar models at the center of a mileage scandal was on average 11 percent worse than advertised. Tests on 33 vehicles found that their fuel economy was between 5 and 16 percent below that claimed, according to ...
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Giappone
Aso worried by yen’s moves but rules out early intervention
Finance Minister Taro Aso said Tuesday the government will not rush to weaken the yen, although sharp swings in the currency markets are “undesirable.” “Regarding currency intervention, we will not do it so easily,” Aso told a news conference. He added, any action the government takes will fall within the ...
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Giappone
Hot spring bathing tradition stymies Japan’s clean energy ambitions
With centuries of tradition on their side, Japan’s hordes of naked bathers remain unmoved by the island nation’s bid to tap a rich reserve of power equivalent to about 20 nuclear reactors. The resource-poor country, which last year spent ¥18.2 trillion importing fossil fuels, has the world’s third-largest geothermal reserves, ...
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Giappone
Some BOJ policymakers worried about negative rates, minutes show
Minutes from the Bank of Japan’s April policy meeting showed some members expressed misgivings over its negative interest rate policy. “A few members argued that the negative interest rate policy would impair the functioning of financial markets and financial intermediation as well as stability of the JGB market,” according to ...
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Giappone
Overseas investors dump Japan stocks for first time in four years
The ratio of Japanese stocks held by foreign investors at the end of fiscal 2015 was down 1.9 percentage points from a year earlier at 29.8 percent, data showed Monday. It was the first decline in four years. The figure reflects the departure of nonresidents from Japanese stock markets in ...
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Giappone
Nissan readies legal action against Brexit campaign over logo use
Nissan said it would take legal action against the official campaign for Britain to leave the European Union after the group used the Japanese carmaker’s logo in leaflets calling for voters to back Brexit on June 23. On one “Vote Leave” flyer, the firm’s logo appeared next to those of ...
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Russia Vietnam
Russian bank trio to roll out Islamic finance products
Russia’s economic crisis has encouraged Vnesheconombank , Sberbank and Tatfondbank to develop sharia-compliant finance to attract investors from the Gulf and southeast Asia
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Colombia
Aprueban ley que prohíbe cirugías estéticas en menores de edad
También se sancionará a los centros estéticos que utilicen imágenes de menores de edad para hacer publicidad en Colombia La entrada Aprueban ley que prohíbe cirugías estéticas en menores de edad aparece primero en Periódico Hoy.
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El Salvador
Grupo Terra revive al Banco Cuscatlán
Grupo Terra informó que su empresa afiliada, Inversiones Financieras Imperia Cuscatlán, S.A., recibió por parte de la Superintendencia del Sistema Financiero (SSF) de El Salvador la aprobación para adquirir la mayoría de las acciones de Banco Citibank de El Salvador, S.A., y Citi Tarjetas de El Salvador, S.A. de C.V., ...
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Brasile
Planalto estuda liberar R$ 3 bilhões para socorro financeiro ao Rio
Após reunião com o governador em exercício do Rio de Janeiro, Francisco Dornelles, o Palácio do Planalto sinalizou a disposição de liberar cerca de R$ 3 bilhões para o estado, que decretou estado de calamidade pública na última sexta-feira (17), em virtude da crise financeira. Logo depois da reunião com ...