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Thailandia
Shut gold mine shows investors risks of Thai junta rule
When Thailand’s junta leader-turned-prime minister used his absolute power to suspend gold mining, causing an Australian miner’s shares to plummet 19% in a single day, he complicated efforts to attract foreign investors already spooked by military rule.
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Giappone
Regulator approves JX-TonenGeneral and Idemitsu-Showa Shell mergers
The Fair Trade Commission has approved the merger of Japan’s largest oil refiner, JX Holdings Inc., and third-ranked TonenGeneral Sekiyu K.K. The commission also allowed Idemitsu Kosan Co., the second-biggest oil refiner, to buy shares in fifth-ranked Showa Shell from Royal Dutch Shell PLC. The two companies are seeking a ...
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Giappone
Canon completes acquisition of Toshiba medical unit
Canon Inc. has completed its acquisition of a Toshiba Corp. medical unit that the embattled parent company put on sale earlier this year in a bid to emerge from a window-dressing scandal. The printer, photocopier and camera manufacturer announced the purchase Monday of Toshiba Medical Systems Corp. for ¥665.5 billion ...
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Giappone
NEC aims to develop cancer drugs using artificial intelligence
NEC Corp. said it will develop cancer drugs using artificial intelligence, aiming to put new vaccines using peptides into practical use within the next eight years as key substances in next generation immunotherapy. A peptide is a short chain of amino acids with an enormous number of variations and helps ...
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Giappone
Japan logged ¥152.51 billion trade surplus in November
Japan posted a goods trade surplus of ¥152.51 billion ($1.30 billion) in November after imports fell more than exports on cheaper crude oil prices and the yen’s strength, the government said in a preliminary report Monday. A breakdown of the third consecutive monthly surplus shows that the value of exports ...
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Cina Giappone
Ramen park opens in Shanghai with seven Japanese eateries
A theme park featuring seven popular Japanese ramen restaurants opened at Joy City shopping mall in Shanghai on Monday. The restaurants, selected from such regions as Hokkaido and Fukuoka prefectures, will offer local ramen to Shanghai residents. According to mobile game operator Klab Inc., which runs the park, the permanent ...
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Giappone
Nikkei snaps nine-day streak on yen rise, Christmas-weakened U.S. equities
The Nikkei average snapped its nine-day winning streak Monday, pressured by the yen’s strengthening and weaker U.S. equities. The key 225-issue index lost 9.55 points, or 0.05 percent, to end at 19,391.60 on the Tokyo Stock Exchange. On Friday, the key gauge rose 127.36 points. The Topix index of all ...
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Giappone
Dollar retreats to ¥117.30 ahead of BOJ decision
The dollar fell back to levels around ¥117.30 in Tokyo trading late Monday, weighed down by position-adjustment selling ahead of a monetary policy decision by the Bank of Japan on Tuesday. At 5 p.m., the dollar stood at ¥117.34-35, down from ¥118.20-20 at the same time Friday. The euro was ...
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Giappone
Households’ financial assets swell to ¥1.752 quadrillion
Total financial assets held by Japan’s households at the end of September grew 0.6 percent from a year before to ¥1.752 quadrillion, the first rise in three quarters, the Bank of Japan said Monday. Of the total, cash and deposits came to ¥916 trillion, up 1.4 percent to mark the ...
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Giappone
Japan’s volatile year in business: negative rates, Brexit and Trump
For investors in Japan’s markets this year, it’s been a case of one shock after the next in a pattern that might have prepared them well for the era of Donald Trump and his reputation for the unexpected. The yen, Topix and the government bond market — the largest outside ...