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India
Indian banks' balance sheet clean-up a priority: IMF
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India
Sensex slides over 250 points; Nifty breaks 7,500
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India
Government may make it mandatory for companies to route share towards retirement savings into EPS
There was near agreement that this would be a better way to move toward a pensioned society, according to the official, who did not wish to be identified.
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India
Rupee inches up 8 paise against dollar
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Giappone
Pacific trade deal cannot be renegotiated, says senior Japanese official
A senior Japanese trade negotiator said on Wednesday that it would be impossible to renegotiate a sweeping Pacific trade agreement, as some U.S. presidential candidates have proposed, without destroying it. Hiroshi Oe, Japan’s deputy chief negotiator for the 12-country Trans-Pacific Partnership trade deal, told an Asia Society forum in Washington ...
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Giappone
Honda debuts Clarity, its first mass production hydrogen car
Honda Motor Co. debuted a fuel cell vehicle Thursday that it hopes will secure wide take-up amid a national push for zero-emissions hydrogen technology. The Clarity is a five-seater model, the first hydrogen-powered vehicle of that size. Over the first year, Honda is targeting the lease of 200 units to ...
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Giappone
Toyota eyes pay-scale hike of ¥2,000 per month
The management of Toyota Motor Corp. is considering a pay-scale hike of around ¥2,000 per month in this year’s shunto spring wage negotiations, sources said Thursday. An agreement would mark the third straight year of hikes at the automaker. It is also considering using part of the funds set aside ...
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Giappone
Japan’s tourism boom is driving demand in unlikely places
The tourism boom, much lauded by the government, has had a number of unintended effects. Among them is a shortage of hotel rooms, a problem that has transformed the nation into the fastest-growing market for Airbnb. The rebound in tourism since the 2011 disasters is visible in everything from hotels ...
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Giappone
Fungus prompts Nisshin Oillio to recall coconut oil products
Nisshin Oillio Group Ltd. is recalling 1.6 million coconut oil products after aspergillus, a type of fungus, has been found in some of them. It seems that the products become susceptible to the fungus as the oil melts and hardens with changes in its temperature, company officials said. Subject to ...
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Giappone
Dollar rises above ¥113.50 on strong stocks
The dollar rose above ¥113.50 in Tokyo trading on Thursday, aided by gains on the stock market. At 5 p.m., the dollar stood at ¥113.57-59, up from ¥112.50-50 at the same time Wednesday. The euro was at $1.0967-0968, down from $1.0983-0984, and at ¥124.56-59, up from ¥123.58-58. In early trading, ...