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Thailandia
SET opens up 4.32 to 1,571.16
Thai stocks opened up 0.28% at the start of trade this morning.
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Thailandia Myanmar
Delegation visits Myanmar
Deputy Prime Minister Somkid Jatusripitak is scheduled to lead a Thai delegation to Myanmar on Feb 2-3, seeking to expand bilateral trade and investment as well as border trade.
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Giappone
Tokyo stocks rebound on buying on dips
Stocks rebounded on the Tokyo Stock Exchange Wednesday, supported by buying on dips after a two-day fall. The 225-issue Nikkei average gained 80.84 points, or 0.43 percent, to close at 18,894.37. On Tuesday, the key market gauge tumbled 281.71 points. The Topix index of all first-section issues ended up 4.76 ...
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Giappone
As demographic trouble looms, Asahi thirsty for overseas deals
Asahi Group Holdings Ltd. wants to grow its overseas business to about a third of sales with more acquisitions as the nation’s largest brewer seeks to offset a falling beer market at home. Further acquisitions would follow the company agreeing to buy about $11 billion of SABMiller PLC’s brands. “The ...
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Giappone
Britain’s PM outlines vision for a full Brexit with a ‘bold and ambitious’ trade deal
Japan will continue to press Britain and the European Union to limit the effects on Japanese firms of Britain’s exit from the bloc, the government’s top spokesman said Wednesday, a day after British Prime Minister Theresa May outlined her plan for “Brexit.” Chief Cabinet Secretary Yoshihide Suga told a news ...
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Giappone
Businesses rally against Tokyo Big Sight closure for Olympics
Analysts estimate that the 2020 Tokyo Olympic and Paralympic Games will have a positive economic impact of some ¥20 trillion. But for small and midsize companies, which make up 99.7 percent of businesses in Japan, an up to 20-month closure of parts of the nation’s biggest convention center to make ...
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Giappone
JRA bars Dentsu from bids; ad giant discovers widespread overcharges
The Japan Racing Association has barred Dentsu Inc. from bidding for its projects because the ad agency has been accused of forcing two employees to work illegally long hours. The one-month suspension was imposed on Dec. 29, the day after Dentsu was referred to the Tokyo District Public Prosecutor’s Office ...
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Giappone
Mizuho, Sumitomo Mitsui Trust eye merging asset management banking arms
Mizuho Financial Group Inc. and Sumitomo Mitsui Trust Holdings Inc. are discussing integrating their asset management banking businesses, sources said Wednesday. The integration across their traditional keiretsu groupings is aimed at boosting the scale of the business to curb costs and implement streamlining at a time when the Bank of ...
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USA Giappone
Xi takes on Trump over protectionism, makes case for Chinese economic leadership
Chinese President Xi Jinping offered a vigorous defense of globalization Tuesday, pushing back against the “America first” rhetoric of incoming U.S. President Donald Trump and signaling Beijing’s desire to play a bigger role on the global stage. Xi’s speech to political leaders, CEOs and bankers at the World Economic Forum ...
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Giappone
Labor law violations detected at 6,659 firms across Japan last year
Some 6,659 businesses across Japan violated labor laws between April and September last year and were ordered to correct illegal practices, the labor ministry said Tuesday. The ministry’s labor standards supervision offices inspected more than 10,000 businesses suspected of forcing employees to work excessively long hours. In April last year, ...