-
India
Will stick to fiscal consolidation roadmap in Budget: Finance ministry
The Union government said it will stick to its fiscal consolidation roadmap without compromising on development spending and expenditure budgeted for the current fiscal.
-
India Iran
As clock ticks down on sanctions, oil-laden Iran tankers set to target India and Europe
With Iran poised to resume usual business ties with the world under a historic nuclear deal, Tehran is set to target India, Asia's fastest-growing major oil market, and old partners in Europe with hundreds of thousands of barrels of its crude.
-
Giappone Australia
Tokyo Gas expects $90 million writedown on U.S. shale assets
Tokyo Gas Co., Japan’s largest city-gas distributor, expects to book an impairment charge of ¥10.6 billion ($90 million) on its U.S. shale gas project and is reviewing its profit forecast following a drop in energy prices. The company, which last year took a ¥31 billion writedown on U.S. shale and ...
-
Giappone
Japan’s small-caps doing well while big exporters get a bruising
Amid the wreckage of Japan’s stock market in 2016 lies a surprise: Smaller companies are posting their best relative performance on record. The Topix Small Index, overlooked by foreign investors and full of companies that make most of their sales within Japan, is near the highest level versus the Topix ...
-
Giappone
Nintendo’s Iwata honored for work on video games
Satoru Iwata, the late president of Japanese video game maker Nintendo Co., has won the Lifetime Achievement Award of the 19th annual Design, Innovate, Communicate, Entertain (D.I.C.E.) Awards, according to the Academy of Interactive Arts & Sciences. The awards are seen as the Oscars of the gaming world. Iwata, who ...
-
Giappone
Suntory to focus on Beam and own beer, not new deals: president
Suntory Holdings Ltd., the nation’s third-ranked beer maker by market share, wants to focus on boosting profits at its Beam spirits unit and upgrading its own beers rather than on buying SABMiller PLC’s Peroni and Grolsch brands in Europe. “We studied it, but we have no interest now in acquiring ...
-
Cina Giappone
Dollar falls below ¥118 in Tokyo on slumping stocks
The dollar slipped below ¥118 in Tokyo trading on Friday, dampened by falling stock prices in Japan and China. At 5 p.m., the dollar was at ¥117.63-63, down from ¥118.09-10 at the same time Thursday. The euro was at $1.0868-0869, up from $1.0859-0860, and at ¥127.85-86, down from ¥128.24-25. In ...
-
Giappone
World Bank says Japan will enjoy 23% export boost from TPP
A Pacific Rim free trade initiative would give a double-digit boost to exports from Vietnam, Japan and Malaysia by 2030, according to a recent estimate by the World Bank. It expects the 12-country Trans-Pacific Partnership deal to increase exports from Vietnam by 30.1 percent, from Japan by 23.2 percent, and ...
-
Giappone
Renault raided in emissions probe, says no emissions-dodging device found
French carmaker Renault said fraud investigators had inspected three of its sites to look into its vehicle emissions technology. News of the raid wiped billions off Renault’s market value as investors feared a repeat of the scandal engulfing German rival Volkswagen. Renault said investigations to date had found “no evidence ...
-
Cina Giappone
Tokyo stocks lose further ground
Stocks lost further ground on the Tokyo Stock Exchange Friday, dampened by selling on the back of lower Shanghai stocks and the stronger yen. The 225-issue Nikkei average lost 93.84 points, or 0.54 percent, to end at 17,147.11. On Thursday, the key market gauge dropped 474.68 points. The Topix index ...