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USA
US Economy Grew at Tepid 1.1 Percent Pace in Spring
The U.S. economy expanded at a sluggish 1.1 percent pace this spring as businesses sharply reduced their stockpiles of goods and spent less on new buildings and equipment. Yet most analysts forecast much faster growth in the summer and fall, fueled by healthy consumer spending.
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USA
Borse europee positive dopo le indicazioni della Yellen
(Teleborsa) - Seduta positiva per Piazza Affari e per le altre borse europee, dopo il discorso del presidente della Fed, Janet Yellen sui tassi e la limatura al ribasso del PIL USA del...
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Regno Unito
Gran Bretagna, l'economia continua a crescere
(Teleborsa) - La Brexit sembra non scalfire, almeno per il momento, l'economia britannica che continua a crescere rispetto ai trimestri precedenti. Nel 2° trimestre, infatti, il PIL ha...
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Giappone
Pension fund racks up ¥5.2-trillion investment loss in April-June period
The Government Pension Investment Fund said Friday that it logged a net investment loss of ¥5.23 trillion in the April-June quarter due to large appraisal losses on its stockholdings amid a strong yen. The loss came after the manager of public pension funds in October 2014 doubled the proportion of ...
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Giappone
Dollar stays stuck near ¥100.50 as traders wait for Yellen’s speech
The dollar was caught in a tight range around ¥100.50 in Tokyo trading Friday, with investors retreating to the sidelines ahead of U.S. Federal Reserve chief Janet Yellen’s closely watched speech later in the day. At 5 p.m., the dollar stood at ¥100.41-43, almost flat from ¥100.41-41 at the same ...
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Giappone
Nikkei tumbles 195 points on futures-led sales
Stocks extended their losses on Friday, pressured by weaker overseas stock prices and futures-led selling. The 225-issue Nikkei average lost 195.24 points, or 1.18 percent, to end at 16,360.71 on the Tokyo Stock Exchange. On Thursday, the key market gauge lost 41.35 points. The Topix index of all first-section issues ...
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Giappone
IPhone ready to play catch-up in Japan with swipe-to-pay chips
Apple Inc. is planning a new iPhone feature for Japan that will let people pay for mass-transit rides with their smartphones instead of physical payment cards. A future iPhone will include technology called FeliCa, a mobile tap-to-pay standard in Japan developed by Sony Corp., according to people familiar with the ...
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Giappone
Japan Trustee Services Bank sues Toshiba for ¥12 billion over accounting scandal
Japan Trustee Services Bank is seeking ¥11.99 billion in damages from Toshiba Corp. over the industrial giant’s accounting scandal, Toshiba announced Friday. In a damages suit filed on Aug. 9 with the Tokyo District Court, the bank said it suffered financial damage because the scandal damaged Toshiba’s share price. The ...
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Giappone
Consumer prices log fifth straight decline, adding to Abenomics gloom
Inflation continued to disappoint in July, according to data released Friday, with consumer prices dropping for the fifth month straight in another blow to Tokyo’s faltering war on deflation. The 0.5 percent decline in July was worse than the 0.4 percent average expected by economists. Friday’s data came ahead of ...
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Giappone
With ¥130 billion war chest, Line hunts for acquisitions to jazz up content, technology
Line Corp. plans to use part of the ¥130 billion it garnered from last month’s initial public offering to bankroll acquisitions of content and technology, transforming its messaging service into a one-stop shop for Asian social media users. Japan’s most popular messaging service is gunning for companies in areas ranging ...