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Giappone
Japan’s beer shipments hit low in January to March period as drinkers shift focus
Beer and quasi-beer shipments from January to March fell 3.8 percent from a year earlier to 80,684,000 cases, the lowest level for the period, data from five major brewers showed Tuesday. Each case contains the equivalent of 20 bottles of 633 milliliters. Shipments slumped for happoshu low-malt quasi-beer and so-called ...
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Giappone
Negative rates failed to boost bank lending in March
Loan growth slowed to the weakest pace in three years in March, signaling the central bank’s introduction of negative interest rates has yet to spur credit in the world’s third-largest economy. Loans, excluding trusts, rose 2 percent from a year earlier, slowing from 2.2 percent in February, the Bank of ...
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Giappone Taiwan
Sharp to nearly double intake of recruits following takeover
Sharp Corp. said Monday it will nearly double the number of new recruits for fiscal 2017 as it begins to rebuild under Taiwan’s Hon Hai Precision Industry Co. The struggling electronics maker plans to hire 290 graduates — 200 university graduates and 90 high school and vocational school graduates. This ...
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Giappone
Nomura to shut down European equity business after years of losses, source says
Nomura Holdings Inc., the nation’s largest brokerage, plans to shut down its European equity operations as it cuts costs after years of failing to become profitable overseas, a person with knowledge of the matter said. The Tokyo-based securities firm will shutter equity research, sales, trading and underwriting for European stocks, ...
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Giappone Australia
Australia unveils new AU$5 note in currency overhaul; initial reactions scathing
The Reserve Bank of Australia (RBA) on Tuesday unveiled the design of a new Australian $5 bill as part of a currency overhaul to improve banknote security. The banknote will feature new security measures, including a new distinctive top-to-bottom window, the RBA said. “Innovative new security features have been incorporated ...
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Francia Giappone Filippine
Cathay bonus miles; Chubu-Manila route opens; Air France meal service
Cathay bonus miles Cathay Pacific and partner airline Dragonair are holding a double and triple mileage campaign for Asia Miles, the region’s leading travel and lifestyle rewards program, to promote its mileage program in Japan and attract new members. From April 1 to June 30, first-class and business-class passengers can ...
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Giappone
New buzzword for Japan condo buyers: nature-friendly
Ryuji Idenoue, 35, and his wife Moyuka bought a condo late last year in a building under construction in Kokubunji, western Tokyo, that plays up the fact that there is greenery on-site. “On top of the fact that it is located near the station, which makes it an easy commute, ...
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Giappone
Goldman to pay $5.1 billion for misleading investors in mortgage-backed securities
Goldman Sachs will pay $5.1 billion in fines and consumer relief to resolve charges it misled investors on mortgage-backed securities ahead of the housing bust, U.S. officials announced Monday. The Justice Department’s announcement of a final settlement follows Goldman Sachs’s disclosure of preliminary agreement in January. The settlement covers Goldman ...
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USA Giappone
BlackRock boss says negative interest rates to exact toll on retirement savings
The embrace by central banks of low and negative interest rates pressures workers to bet on risky assets and could stifle consumer spending, the head of BlackRock warned Monday. Larry Fink, chief executive of the New York-based investment giant, highlighted worries about rates in an annual letter to shareholders that ...
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Giappone
Weather has Vermont maple sap taps flowing toward sweet year for syrup
Some maple syrup makers in Vermont, the country’s largest producer, are having a banner year despite initial fears that an early start to the maple season this winter would cut it short. The warm weather in late March and early April didn’t bring an end to the maple sap gathering ...