-
Filippine
AEC set to miss deadline for free-trade bloc
The Asean Economic Community was scheduled to set up a free-trade bloc by the end of 2015 to rival the European Union or the United States. But legislative foot-dragging and obstructive border practices have effectively prevented the free movement of goods, services and workers, with no chance to meet the ...
-
Australia
South Australia signs historic deal with Rajasthan
The agreement provides partnership and collaborative opportunities across key sectors where South Australian business can offer services and product support.
-
Giappone
LDP submits proposals to help farmers cope with impact of TPP
The ruling Liberal Democratic Party on Friday compiled a set of proposals to help Japanese farmers and businesses cope with the likely impact of the Trans-Pacific Partnership free trade agreement. The LDP’s policy paper places emphasis on measures to promote exports rather than those to directly protect domestic industries — ...
-
Cina Giappone
China breaks up $64 billion underground banking network
Authorities in China have cracked the country’s biggest-ever underground banking network, which handled illegal foreign exchange transactions worth 410 billion yuan ($64 billion), police said Friday. The bust comes amid a monthslong crackdown on illicit outflows, which officials say disrupt China’s financial management, facilitate corruption and help terrorists and criminals ...
-
Giappone
Dollar weaker around ¥123 in Tokyo
The dollar eased to around ¥123 in Tokyo trading on Friday, pressured by position-adjustment selling and sluggish performance of Tokyo stocks. At 5 p.m., the dollar stood at ¥123.00-01, down from ¥123.36-37 at the same time Thursday. The euro was at $1.0688-0689, up from $1.0673-0674, and at ¥131.47-48, down from ...
-
Giappone
BOJ easing seen as blunt tool by one fund, blowing bubbles by another
TCW Group Inc. says the Bank of Japan has made a mistake and should exit quantitative easing as soon as possible. Invesco Ltd. says the only error was not starting sooner. The split in views at the funds, which manage a combined $971 billion, comes as BOJ Gov. Haruhiko Kuroda ...
-
Giappone
Japanese public-private fund to invest in Texas bullet train project
A Japanese public-private fund is in the final stage of negotiations to invest about ¥4 billion in a high-speed rail project in Texas, sources said Friday. The project, in which Central Japan Railway Co.’s shinkansen bullet train technology is expected to be used, faces the challenge of covering costs totaling ...
-
Giappone
Tokyo stocks end moderately higher on buying by individuals, hedge funds
Stocks managed to end higher on the Tokyo Stock Exchange Friday, underpinned by buying from individuals and hedge funds, after moving in negative territory for most of the day’s trading. The 225-issue Nikkei average rose 20.00 points, or 0.10 percent, to end at 19,879.81, the highest closing since Aug. 20. ...
-
Giappone
Japan to accept receipts photographed with smartphones under corporate tax change
A red-tape busting rule change will mean companies can cut back on the amount of paper receipts they need to store for business expense claims, as long as workers have a smartphone camera, according to informed sources. Currently, companies are obliged by corporate tax law to keep paper receipts for ...
-
Giappone
In first, ANA to accept 15 Myanmar trainees starting later this month
ANA Holdings Inc. will accept 15 Myanmar trainees starting at the end of this month to work in ground services at Narita airport, including in operating passenger boarding bridges and loading cargo. The major Japanese airline said this week it will train the workers at the request of the Myanmar ...