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India
Huge sell-off wipes out Rs 7.9 lakh crore from investor wealth in January
Weak trend in the equities have made investors poorer by Rs 7.9 lakh crore since the beginning of the month as sentiment remained muted amid global growth worries and sharp dip in oil prices.
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India
India less vulnerable to external shocks: S&P
Indian economy is less vulnerable to external shocks as it is mainly driven by household consumption and government spending, and not dependent on hot money which can move out quickly, Standard & Poor's Rating Services said on Tuesday.
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Giappone
Sony game unit SCE to change name in April
Sony Computer Entertainment Inc. (SCE) will change its corporate name to Sony Interactive Entertainment LLC, or SIE, in line with its integration with another Sony Corp. group company on April 1. The word “Interactive” was adopted as part of the name to reflect the commercial importance of online entertainment services. ...
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Giappone
Kawasaki Heavy joins ‘hydrogen economy’ project
Kawasaki Heavy Industries Ltd. will join with partners to set up a hub for imported liquefied hydrogen in western Japan in a government pilot project to develop offloading and storage systems in anticipation of wider hydrogen use. Kawasaki Heavy, Iwatani Corp. and the Kobe Municipal Government are working together, targeting ...
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Giappone
Airport-style duty-free shop opens in Tokyo’s Ginza
Mainland Japan will get its first duty-free shop outside of an international airport when the Japan Duty Free Ginza debuts at the Ginza Mitsukoshi department store in Tokyo’s Chuo Ward on Wednesday, a top company official said a day earlier. “We are looking forward to further energizing Ginza — Japan’s ...
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Giappone
Dollar slips back below ¥118 in Tokyo
The dollar slipped back below ¥118 in Tokyo on Tuesday, dragged down by continued turmoil on the stock market. At 5 p.m., the dollar stood at ¥117.76-77, down from ¥118.56-56 at the same time Monday. The euro was at $1.0866-0866, up from $1.0814-0814, and at ¥127.97-98, down from ¥128.22-23. The ...
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Giappone
Sony to buy Israeli chipmaker Altair in push to develop Internet of Things
Sony Corp. has agreed to buy Israel’s Altair Semiconductor Ltd. for $212 million, acquiring technology to power the next generation of smart appliances as the firm looks for growth beyond chips for smartphone cameras. Altair, with modem chips for fourth-generation cellular technology, will help the company make component devices featuring ...
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Giappone
Diamond-topped chocolate cake on sale as Japan gears up for Valentine’s Day
It would break your teeth and your wallet. A diamond-topped chocolate cake is among the more extravagant marketing gimmicks on offer this year as Osaka department stores kicked off their Valentine’s Day confectionery sales campaigns on Tuesday. The cake is topped with 125 diamonds and has a price tag of ...
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Giappone
Carriers to aim new smartphone data packages at young adults
Three major mobile phone carriers are trying to attract younger users with new price and data packages such as better deals for those who spend a lot of time tinkering online. Their targets are those aged up to 25, a group that uses data communications heavily and which is seen ...
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Giappone
Nikkei slumps below 17,000 again ahead of monetary policy meetings in Japan and U.S.
The Nikkei turned sharply lower to slip below 17,000 on the Tokyo Stock Exchange on Tuesday, amid a wait-and-see mood ahead of monetary policy meetings in the United States and Japan. The Nikkei lost 402.01 points, or 2.35 percent, to finish at 16,708.90. On Monday, it climbed 152.38 points. The ...