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Giappone
Dollar rises above ¥113.70 in late Tokyo
The dollar recouped much of its early losses to trade around ¥113.70 in Tokyo trading late Friday, chiefly pushed up by a rebound in Tokyo stock prices. At 5 p.m., the dollar stood at ¥113.72-73, up from ¥113.57-59 at the same time Thursday. The euro was at $1.1142-1144, up from ...
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Giappone
Tokyo stocks rise further on ECB’s easing measures
Stocks gained further ground on the Tokyo Stock Exchange Friday, as investors welcomed the European Central Bank’s stronger-than-expected monetary easing measures. The 225-issue Nikkei average climbed 86.52 points, or 0.51 percent, to end at 16,938.87. On Thursday, the key market gauge climbed 210.15 points. The Topix index of all first-section ...
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Giappone
Japan big firms’ business sentiment slumps in first quarter
Business sentiment among major Japanese companies in January-March turned negative for the first time in three quarters, affected by stock price falls and the yen’s rise earlier this year, a quarterly government survey showed Friday. The business sentiment index for companies with capital of ¥1 billion or more stood at ...
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Giappone
Nikon, Casio in short sellers’ sights as tech pessimism abounds
Hedge funds have boosted their bearish bets on Japanese technology companies such as Nikon Corp. and Casio Computer Co. as the industry struggles to deliver the next killer product. Technology companies account for eight of the 10 Japanese stocks that are most targeted by short sellers, who have collectively wagered ...
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Giappone
Abe economic adviser Honda appointed ambassador to Switzerland
A key economic adviser to Prime Minister Shinzo Abe who has been a strong advocate of monetary stimulus will become Japan’s ambassador to Switzerland, according to a notice issued by the Prime Minister’s Office on Friday. Etsuro Honda, 61, a former Finance Ministry bureaucrat who has known Abe for decades, ...
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Giappone
BOJ negative rate seen as top tool by analysts, with cut by July
The Bank of Japan’s new negative rate is the most likely tool for any expansion of stimulus, with a majority of economists in a survey forecasting additional easing by July. Eighty percent of analysts see a further cut to the negative rate as the most likely action for Gov. Haruhiko ...
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Cina Giappone
Toilet-maker Toto looks to Chinese to change cultural habits to boost sales
Nearly all Japanese have converted to using seated toilets since 1977 when they first overtook the squatting versions. For future growth, Japan’s largest toilet—maker Toto Ltd. is looking toward neighboring China. “Just like Japan when I was growing up, not many people owned houses and apartments were small,” said President ...
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Giappone
European Central Bank surprises with strong stimulus action
The European Central Bank cut all its main interest rates, expanded its bond-buying stimulus program, and offered new cheap loans to banks, making an unexpectedly aggressive effort to boost inflation and economic growth in the 19 countries that share the euro. The steps on most counts exceeded expectations, suggesting the ...
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Giappone
Japan steel makers consider pay hike of ¥2,500 a month
Major Japanese steel makers are considering putting forward a pay hike of ¥2,500 per month for fiscal 2016 as the shunto wage negotiations enter their final stage, it was learned Thursday. The envisaged figure is higher than the ¥2,000 agreed for fiscal 2014 in previous negotiations with labor unions, but ...
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Regno Unito
Francisco González vuelve a pedir "reformas" y "realismo" para que España siga creciendo
El presidente de BBVA dice que el paro podría bajar al 10% para 2020 si se toman las decisiones correctas. Leer