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Thailandia
SET falls 0.54 to 1,565.78 at opening
Thai stocks opened down 0.03% at the start of trade this morning.
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India
India's 'Diamond City' keeps sparkle
With a booming trade in diamond cutting and textile manufacturing, the port city of Surat in India's western state of Gujarat is a melting pot for migrants from across the country seeking work and business opportunities.
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Giappone
Dollar hits one-month high above ¥112
The dollar rose to top ¥112 for the first time in about a month in Tokyo trading Tuesday thanks in part to an overnight rise in U.S. long-term interest rates. At 5 p.m., the dollar stood at ¥112.17-17, up from ¥111.84-88 at the same time Monday. The euro was at ...
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Giappone
Nikkei rises on robust earnings
Stocks gained further ground Tuesday, with investors taking heart from a recent spate of robust corporate earnings reports. The Nikkei 225 average rose 135.18 points, or 0.70 percent, to end at 19,445.70. On Monday, the key market gauge climbed 113.78 points. The Topix, covering all first-section issues, closed 10.53 points, ...
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Giappone
Amazon Japan to bypass book distributor to speed up delivery times
Amazon.com Inc.’s Japan unit said it will partially suspend a deal with a major book distributor next month in an apparent bid to challenge longtime industry distribution practices by asking more publishers to make their works available to the online retailer. Amazon Japan K.K. notified major publishing companies in writing ...
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Giappone
Western Digital earnings show value and risk of SanDisk purchase
Western Digital Corp.’s earnings showed the value of its SanDisk acquisition and how much it has to lose if a partnership with Toshiba Corp. is disrupted by the desperation sale of the Japanese company’s chip unit. Western Digital has posted results that topped estimates every quarter since completing the $15.8 ...
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Giappone
Sagawa Express parent in talks with major corporate clients on fee hikes
SG Holdings Co. is in talks with major corporate clients to raise shipping fees for door-to-door parcel delivery services amid soaring wages due to a shortage of drivers, according to a company executive. SG Holdings is aiming to raise the delivery cost per parcel by ¥7, raising the average cost ...
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Giappone
Isuzu to double heavy truck production in Thailand, boost exports
Isuzu Motors Ltd. is preparing to double its heavy-duty truck production capacity in Thailand this year in hopes of increasing exports to Southeast Asian markets. The company recently invested further in its heavy truck plant in Thailand’s central province of Chachoengsao to double its annual production output of 25,000 to ...
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Giappone
TPP nations meet in Canada to discuss fate of pact without U.S.
Canada is hosting a round of exploratory negotiations on the future of the Trans Pacific Partnership after the U.S. bowed out. Senior trade officials from every remaining signatory country will convene the so-called TPP-minus-one talks in Toronto on Tuesday and Wednesday. While ministers won’t attend, the event is expected to ...
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Giappone
Japanese companies expect 5.9% profit growth
Listed companies project an aggregate recurring profit rise of 5.9 percent for fiscal 2017, based on an estimated 4.4 percent growth in sales, according to an interim Jiji Press survey. The survey covered 272 nonfinancial companies listed on the first section of the Tokyo Stock Exchange that had released fiscal ...