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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 ...
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Malta
Man walks free after victim withdraws misappropriation complaint
A man accused of misappropriating €2,500 entrusted to him for the payment of registration tax on an imported vehicle was cleared of the charges after the criminal complaint was withdrawn by the victim. Francis Caruana, 62, from Qawra, had been charged with fraud and misappropriation, as well as with having violated ...
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USA Francia
Germany, France agree to deepen eurozone integration
The finance ministers of Germany and France agreed today to strengthen the eurozone, giving a new impulse to stalled reforms of the currency union and warning that if they fail political extremists will take power. Wolfgang Schaeuble and Bruno Le Maire agreed at their first meeting since the May 7 election ...
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Malta
Chamber calls for Malta Files stakeholder task force
Financial services stakeholders should club together to form a task force to tackle the damaging effects of the Malta Files, the Malta Chamber of Commerce, Enterprise and Industry said today. "Time is of the essence. Every minute is valuable and all stakeholders need to come together immediately to address this very ...