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USA Giappone
Dollar below ¥113.50 on lower U.S. Treasury yields
Ahead of a three-day weekend in the United States, the dollar drifted generally below ¥113.50 in Tokyo trading Friday after sliding to near ¥113 in overseas trading on overnight falls in long-term U.S. Treasury yields. At 5 p.m., the dollar stood at ¥113.42-42, down from ¥113.94-95 at the same time ...
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Giappone
Tokyo stocks fall further on yen’s ascent
Stocks lost further ground on the Tokyo Stock Exchange Friday, with investor sentiment dampened by the yen’s rise. The 225-issue Nikkei average lost 112.91 points, or 0.58 percent, to finish at 19,234.62. On Thursday, the key market gauge shed 90.45 points. The Topix index of all first-section issues closed down ...
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Giappone Regno Unito
Top U.K. court orders Daiwa Securities to pay $153 million over remittance
Daiwa Securities Group Inc. said Friday that it has been ordered by a British court to pay roughly $152.8 million in damages over a money transfer by its subsidiary in England. The Japanese brokerage and financial service group said that as a result of the order, issued Thursday, it may ...
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Giappone
Mitsubishi Estate names Junichi Yoshida as new president
Mitsubishi Estate Co. has named Senior Executive Officer Junichi Yoshida as its new president. Yoshida, 58, will succeed Hirotaka Sugiyama, 67, who will step aside to take up the post of chairman at the major Japanese real estate developer, the company said in a news conference Thursday. The appointments will ...
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Giappone
Hitachi teams up with U.S. nuclear giant for British project
Hitachi Ltd. has partnered with Exelon Corp. to promote a nuclear power project in Britain, as it seeks to use the largest U.S. nuclear power plant operator’s expertise in running a reactor, Hitachi said. Horizon Nuclear Power Ltd., Hitachi’s nuclear unit in Britain, is cooperating with Exelon Generation to operate ...
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Giappone
Japan quietly reflates, buying time for reckoning with debt
Hidden beneath the headlines about Japan’s continual failure to reach its inflation target is a quiet reflation of its economy. It took almost two decades, but Japan finally notched a record for the size of its economy in 2016, one of the most significant signs yet that Prime Minister Shinzo ...
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Giappone
Japan asks Britain to ensure transparency over exit from EU
Foreign Minister Fumio Kishida asked his British counterpart Boris Johnson on Thursday to ensure “transparency and predictability” with regard to Britain’s planned exit from the European Union. In a meeting in Bonn, Germany, Kishida requested that Brexit not affect Japanese companies operating in Britain, according to the Foreign Ministry. Johnson ...
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Giappone Taiwan
Sharp lifts profit guidance for fiscal 2016
Sharp Corp. on Friday upgraded its earnings outlook for the year through March on a decline in sales-related costs, forecasting a group operating profit of ¥47.4 billion ($418 million). That is up from the revised projection of ¥37.3 billion announced on Feb. 3. Sharp, in the process of restructuring under ...
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Giappone
Toshiba memory-chip unit is alluring target but not an easy sell
Toshiba Corp., seeking to make up for a huge write-down in its nuclear-equipment unit, finally took the drastic step of putting its crown jewel — its chip business — up for sale. Finding a buyer might prove to be even more difficult. The Tokyo-based conglomerate had been entertaining offers for ...
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Giappone Singapore
Japan pitches staff training as part of Malaysia-Singapore high-speed rail bid
If the shinkansen system is selected for a high-speed rail project set to connect Malaysia and Singapore, Japan is ready to train local staff, a senior diplomat said. “In addition to offering high-tech trains, indirectly we will also offer human resource development and employment opportunities,” Ambassador to Malaysia Makio Miyagawa ...