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Giappone
Japan, WTO chief reaffirm commitment to free trade
Japan and the World Trade Organization on Monday issued what is believed to be an unprecedented joint statement reaffirming their commitment to fostering free trade in the face of a recent surge of protectionism embodied by U.S. president Donald Trump. Prime Minister Shinzo Abe and visiting WTO Director-General Roberto Azevedo ...
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Giappone Thailandia
Hitachi aims to become leader of Thai elevator market by 2020
Hitachi Ltd.’s elevator and escalator distributor in Thailand is projecting aggressive sales growth to restore its top position in the local market in the next three years. Michael Tang, vice president of Hitachi Elevator (Thailand) Co., who has taken on a new role as head of its sales and marketing ...
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USA Giappone
Exports propel Japan to third straight monthly trade surplus
Japan posted a trade surplus for the third straight month in April, helped by a further rise in exports including to the United States, according to official data released Monday. U.S. President Donald Trump has vowed to root out “unfair” trade practices around the world and target countries, including Japan, ...
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Giappone
Daiwa Securities not forming capital ties with banks, president says
Daiwa Securities Group Inc. has no plans to form a capital alliance with a major banking group, President and Chief Executive Officer Seiji Nakata, said in a recent interview. No capital alliance will be formed with any banking group “at least while I’m president and CEO,” said Nakata, who assumed ...
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Giappone
Abe’s pursuit of 11-party TPP likely to benefit Japan
Prime Minister Shinzo Abe’s renewed pursuit of the Trans-Pacific Partnership may eventually benefit Japan as the likely accompanying trade expansion would provide a boost to Japan’s economic growth. At their meeting in Hanoi on Sunday, ministers from the 11 TPP countries agreed to complete preparatory work by November to put ...
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Giappone
SoftBank’s Son chases boyhood dreams with $100 billion fund
When Masayoshi Son was a boy growing up in Kyushu, he kept a notebook to scribble down inventions he hoped to create one day. Today, the SoftBank founder has almost $100 billion to invest in making the next big thing a reality. Son’s SoftBank Group Corp. closed the first round ...
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Giappone
Big South Korean firms keeping low profile ahead of Moon’s reform quest
A South Korean retail giant has shelved controversial expansion plans, while a large bank made hundreds of contract jobs permanent after President Moon Jae-in took office vowing to reform the family-run conglomerates that dominate the economy. The 64-year-old liberal leader campaigned on a platform of curbing the power of the ...
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USA
Trump pledges peace push as he arrives in Israel
US president to visit Jerusalem and West Bank in second stop of first foreign tour
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Brasile
Temer corruption claims cloud Brazil reform prospects
Could plans to overhaul economy survive the president’s ousting?
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USA Malta
EU flags supervision of Malta's financial services
Malta should ensure the effective supervision of internationally-oriented business by financial institutions in cooperation with the host supervisors in the countries where they operate, the European Commission warned today. Its comments were aimed at financial institutions licensed in Malta, and coincidentally came just days after the publication of a report on ...