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India
Naming of all defaulters will kill businesses: Rajan
Mumbai, Apr 5 () Rejecting calls for naming and shaming of all big defaulters, Reserve Bank Governor Raghuram Rajan today said it will lead to undue panic and kill business activity.
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Giappone
Government considers welfare, stimulus measures to boost economy
The government is discussing welfare and stimulus measures aimed at promoting economic growth ahead of the Group of Seven summit in May. “It is extremely important to present a solid road map toward achieving the ¥600 trillion economy,” when the G-7 economies are being looked to for strong commitment and ...
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Giappone
Real wages rise in February; up for first time in four months
Real wages rose for the first time in four months in February as base pay and other scheduled wages hit a more than 10-year high, the government said Tuesday. Average inflation-adjusted wages gained 0.4 percent from a year earlier, while nominal wages rose 0.9 percent to ¥262,558, the Health, Labor ...
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Giappone Indonesia
Japan considers underwriting construction of Indonesian port
The government may provide low-interest yen loans to Indonesia to help it build a major new port in Patimban, 120 kilometers east of Jakarta, sources said. As the Indonesian side has estimated construction will cost ¥300 billion, this is likely to be one of the largest Indonesian projects in which ...
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Giappone
FamilyMart, Japan Post join hands to offer delivery service to Asia
Convenience store operator FamilyMart Co. and Japan Post Holdings Co. said Tuesday they will begin a delivery service enabling foreign visitors to Japan to send packages from FamilyMart’s domestic stores for pickup at its stores elsewhere around Asia. FamilyMart expects foreign visitors to use the service — the first international ...
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Giappone Svizzera Panama
Le Monde says major banks set up thousands of offshore firms through Panama law firm
The trio of British banking giant HSBC and Swiss institutions UBS and Credit Suisse set up more than 4,500 offshore companies through Panama-based law firm Mossack Fonseca, Le Monde newspaper reported Tuesday. HSBC created 2,300 offshore companies, Credit Suisse has 1,105 and UBS, has 1,100, while France’s Societe Generale has ...
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Giappone
Overseas acquisitions by Japan companies in just-ended fiscal year hit record high
The number and value of Japanese companies’ acquisitions of foreign firms hit record highs in fiscal 2015, which ended Thursday, a survey by merger and acquisition adviser Recof Corp. showed Tuesday. The number rose 6.9 percent from the previous year to 591 cases, while the overall value grew 2.8 percent ...
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Giappone
Japanese lawmakers lock horns over TPP
Kicking off Diet deliberations on ratifying the pact, the ruling and opposition parties lock horns over the Trans-Pacific Partnership free trade agreement. The post Japanese lawmakers lock horns over TPP appeared first on The Japan Times.
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Giappone
Segways roll through Tokyo’s Futako-Tamagawa area in capital’s first tours
Tokyu Corp. and Segway Japan Ltd. launched trial outings on the wheeled devices Tuesday in Tokyo’s Futako-Tamagawa area — the first such Segway tours in the capital. The tour consists of a 5.8-km ride around the Futako-Tamagawa Rise shopping and office complex and along the Tama River on one of ...
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Giappone
Dollar tumbles below ¥110.50 in Tokyo
The dollar plunged below ¥110.50 in late Tokyo trading on Tuesday, hit by stop-loss selling by European players. At 5 p.m., the dollar stood at ¥110.46-47, down from ¥111.58-59 at the same time Monday. The euro was at $1.1356-1358, down from $1.1373-1374, and at ¥125.46-47, down from ¥126.91-92. After moving ...