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Etiopia
Liberia, Ethiopia Sign Cooperation Agreement
[LINA] Liberia, Africa's oldest independent republic and Ethiopia, Africa's oldest country, have signed an agreement to cooperate in the execution of projects and programs in various areas, including trade, industry, agriculture and fisheries, energy and infrastructure.
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Etiopia
Century: Exhibition Veteran Back to Bring in the New Year
Century Promotion is back on the scene to organise the New Year’s Exhibition, after more than three months of confrontation with the Addis Abeba Exhibition Centre & Development Enterprise. Following…
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Giappone
Dollar firmer around ¥106 in Tokyo on stocks surge
The dollar was firmer around ¥106 in Tokyo trading on Tuesday, supported by the continued strength of Japanese and overseas stocks. At 5 p.m., it stood at ¥105.95-95, up from ¥105.86-86 at the same time Friday, the previous market day. The euro was at $1.1058-1062, down from $1.1132-1132, and at ...
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Giappone
SoftBank shares dive on concerns over balance sheet
Shares in SoftBank Group Corp. plunged in Tokyo on Tuesday after it unveiled its ¥3.3 trillion takeover of chip designer ARM Holdings PLC, a deal that marks founder Masayoshi Son’s biggest gamble so far on the future of technology. The shares dropped as much as 11.3 percent to ¥5,329 as ...
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Giappone
Helicopter cash presents hopes for Japan, but history shows it can trigger hyperinflation
As Bank of Japan Gov. Haruhiko Kuroda confronts pressures to launch helicopter money, he could do a lot worse than remember the life — and death — of Viscount Korekiyo Takahashi. As Japan’s economic czar in the early 1930s, Takahashi initiated the equivalent of helicopter money, using the BOJ to ...
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Giappone
Why SoftBank is spending ¥3.3 trillion on a U.K. chipmaker
Inside nearly every smartphone, tablet, e-reader and smartwatch are tiny microprocessors that tell the machine what to do. Small pulses of energy move from a gadget’s battery through millions of tiny transistors, triggering commands and responses in nanoseconds, be it playing games, posting to Facebook, sending texts, or taking pictures. ...
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Giappone
Osaka Exchange adopts faster trading to lure more futures clients
Osaka Exchange Inc. on Tuesday unveiled its new trading technology, the latest bourse to speed up in the hope of luring new, superfast customers. The revamp of the derivatives market’s systems comes 5½ years after the last major makeover launched the J-Gate platform. The upgrade speeds up the amount of ...
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Turchia Giappone
Nikkei gains 226 points as worries over Turkey recede
Stocks climbed for the sixth straight session on the Tokyo Stock Exchange on Tuesday, following the quick end to the attempted coup in Turkey and Wall Street’s continued rise. The Nikkei average advanced 225.46 points, or 1.37 percent, to finish at 16,723.31. On Friday, it rose 111.96 points. The Tokyo ...
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Giappone
New Air France-KLM head; Garuda named best crew; Jetstar’s summer menu
New Air France-KLM head Air France-KLM has appointed Jean-Marc Janaillac as new chairman and chief executive officer in replacement of Alexandre de Juniac, effective July 4. Janaillac graduated from the HEC Business School and the Ecole Nationale d’Administration. Since 2012, he has been chairman and CEO of Transdev, an international ...
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Ghana
BoG allows banks to lend above permitted ceiling
As the volume of Non-Performing Loans (NPLs) increase due to bad investments made by banks, the Bank of Ghana (BoG) has revealed that it has in certain circumstances allowed banks to breach the single obligor limit to maintain financial stability. The move which is seen as contradiction to some financial ...