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Giappone
Dollar sags to near ¥113.50 in Tokyo amid position adjustment
The dollar dropped to levels near ¥113.50 in Tokyo trading on Friday as traders stepped up selling to adjust positions following the U.S. currency’s recent rapid ascent, as well as ahead of the weekend. At 5 p.m., the dollar stood at ¥113.59-60, down from ¥114.20-20 at the same time on ...
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Cina USA Giappone
China-led AIIB head Jin sees opportunities for cooperation with ADB
The new China-led Asian Infrastructure Investment Bank is not competing with the long-established Asian Development Bank backed by Japan and the United States, the Beijing-based bank’s leader said Thursday. Instead, the two complement each other and enjoy “very good cooperation,” the Beijing-based bank’s leader Jin Liqun said Thursday. Speaking to ...
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Giappone
Macron win seen ending Japan’s record sale of French bonds
Like any good love affair, it has had its ups and downs. Having sold French sovereign debt for the fifth month in a row in March, Japanese investors may start to rekindle their interest, according to fund managers interviewed by Bloomberg including Nissay Asset Management and Amundi Asset Management. Emmanuel ...
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Giappone
Microsoft targets ‘mixed reality’ with new devices
Microsoft on Thursday debuted hardware for reaching into virtual worlds powered by its technology as it looked to “mixed reality” as the next big computing platform. An update coming to the Windows 10 operating system later this year will “see the magic of mixed reality brought to consumers around the ...
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Giappone
Nikon falls into red for first time in seven years
Nikon said Thursday it recorded a group net loss of ¥7.11 billion ($62 million) in the fiscal year that ended in March, citing restructuring costs for pulling the company into the red for the first time in seven years. The loss represents a reversal from a net profit of ¥18.25 ...
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Giappone
Panasonic’s fiscal 2016 net profit falls 9.6% on yen, weak solar business
Panasonic said Thursday its net profit fell 9.6 percent in the fiscal year that ended in March, as its solar energy business struggled and a stronger yen pushed down overseas earnings. The electronics maker said its group net profit fell to ¥149.36 billion ($1.3 billion) from ¥165.21 billion in the ...
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USA Giappone
SoftBank may seek merger talks between Sprint, T-Mobile US
SoftBank Group may propose to T-Mobile US that the American mobile carrier enter merger talks with SoftBank’s U.S. subsidiary Sprint, sources said Thursday. This comes after an earlier bid to buy T-Mobile US and merge it with Sprint — a move SoftBank abandoned in 2014 thwarted by difficulties in getting ...
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Giappone
Japan waking up to the problems of sleeping cash
In recent weeks there have been two well-reported robberies of people carrying large amounts of cash on the street. Thieves got away with ¥384 million after attacking a merchant in a Fukuoka parking lot. In Tokyo’s Ginza district, a mugger managed to take ¥40 million from a man walking along ...
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Nigeria
Navy hands over 100 bags of seized cannabis to NDLEA
The Nigerian Navy in Lagos on Friday handed over 100 bags of cannabis they impounded at Badagry creeks to the National Drug Law Enforcement Agency. Navy Commodore Maurice Eno, who handed over the substance to the agency, said the suspects abandoned their two fibre boats on sighting naval men at ...
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USA
NASS owes us N1.3bn Duty Travel Allowance —Legislative aide
A legislative aide has said that the National Assembly owes them Duty Travel Allowance amounting to N1.3bn. Speaking on condition of anonymity, the aide told NAN, “We have been owed since 2015 and the management informed us that the allowance was not captured in the 2016 budget. “With this development, ...