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Myanmar
Mandalay jade traders seeking market protection
YANGON - Gems traders in Mandalay have called on the government to enforce a temporary suspension on jade mining and crack down on the illegal export of the precious stone.
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Nigeria
Kano Assembly okays life imprisonment for kidnappers
The Kano State House of Assembly on Monday in Kano passed into law, the bill seeking life imprisonment for kidnappers in the state. The Majority leader of the Assembly, Alhaji Yusuf Atta, read the Kidnapping, Abduction and Forced Labour Amendment Bill 2016 before the Assembly. Speaking shortly after the plenary, ...
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USA
Putin signs law stopping plutonium disposal deal with US
President Vladimir Putin on Monday signed a law suspending an agreement with the United States on disposing of weapons-grade plutonium amid a rise in tensions with the West. The law, published Monday in the government’s online database, comes weeks after Putin had ordered the deal — signed in 2000 to ...
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USA
Putin signs law stopping plutonium deal with US
President Vladimir Putin on Monday signed a law suspending an agreement with the United States on disposing of weapons-grade plutonium amid a rise in tensions with the West. The law, published Monday in the government’s online database, comes weeks after Putin had ordered the deal — signed in 2000 to ...
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Nigeria
Ex-CBN chief backs FG’s plan to borrow $29.9bn
Dr Titus Okunronmu, a former Director of the Central Bank of Nigeria, on Monday commended the Federal Government for its plan to borrow $29.9bn to finance infrastructure development in the country. Okunronmu, an ex-staff of the CBN’s Budgetary Department, told the News Agency of Nigeria in Ota, Ogun State, that ...
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Nigeria
Abuja Uber partners on strike over poor earnings
Ife Ogunfuwa Over 150 transport service providers working in partnership with Uber in Abuja are on strike over low earnings and poor incentives. Some of them took to Twitter on Monday to express their grievances using the hash tag #UberAbujaStrike. One of them who spoke with our correspondent via the ...
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Giappone
Panasonic cuts 2016 earnings forecast on strong yen
Panasonic Corp. has lowered its full-year group earnings forecast for the current business year through next March, citing factors such as a stronger yen and a slump in solar business. For fiscal 2016, the Osaka-based electronics maker said Monday it now expects an operating profit of ¥245 billion, down from ...
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Giappone
New low-priced bus service links Narita International Airport and Tokyo
A low-priced bus service linking Narita International Airport and Osaki Station in Shinagawa Ward, Tokyo, for ¥1,000 to ¥1,200 was launched Monday. The service, taking about 90 minutes, will be operated 43 times a day. It is the first low-cost bus route connecting the airport in Chiba Prefecture and a ...
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Giappone
Dollar loses ¥105 line on Clinton email jitters
The dollar dropped below ¥105 in Tokyo trading Monday, weighed down by uncertainties stemming from the FBI’s new probe into Democratic presidential candidate Hillary Clinton’s email scandal. At 5 p.m., the dollar stood at ¥104.91-92, down from ¥105.26-27 the same time Friday. The euro was at $1.0960-0961, up from $1.0916-0916, ...
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Giappone
Nikkei takes slight dip after uptick in yen
The benchmark Nikkei average fell back slightly Monday after being weighed down by the yen’s ascent. The 225-issue Nikkei average lost 21.39 points, or 0.12 percent, to close at 17,425.02 on the Tokyo Stock Exchange. On Friday, the key gauge added 109.99 points for its highest finish since April 22. ...