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Tag: Japan

Posted on November 16, 2020

Walmart expects $2 billion non-cash loss from stake sale in Japan’s Seiyu

Walmart Inc said on Monday it sees a non-cash loss of about $2 billion after tax, in its fourth fiscal quarter due to a sale of a majority stake in Japanese supermarket chain Seiyu.

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Posted on November 16, 2020

Vaccine development, test events make IOC ‘very confident’ Japan’s Olympics will go ahead with fans

President Thomas Bach says the International Olympic Committee will try to convince athletes and fans to get a vaccine, if one is available.

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Posted on November 16, 2020

Taiwan Discussing Potential Air Travel Bubbles With Other Countries

Taiwan is reportedly in discussions with Japan, Singapore and Vietnam to create bilateral air travel bubbles (ATB), just as plans to establish such an arrangement with Palau were shelved. According to …

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Posted on November 16, 2020

Markets boosted by Japan’s ‘Zoom boom’ recovery and vaccine hopes – business live

Rolling coverage of the latest economic and financial news …

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Posted on November 16, 2020

Walmart sells majority stake in Seiyu, nearly exiting Japan

Walmart Inc is selling a majority stake in Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten for over $1 billion, after years of …

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Posted on November 16, 2020

With Economy on the Mend, Japan Weighs Handouts Versus Private-Sector Spending

The country’s economy is about halfway back from the worst of the pandemic, and economists say getting all the way back might not happen until 2024.

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Posted on November 16, 2020

Walmart Is Almost Out Of Japan’s Retail Market Threatened By Tough Competition

Walmart is selling its majority stake in the local retail chain Seiyu, its latest exit after it pulled out of Britain and Argentina.

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Posted on November 16, 2020

World’s Largest Trade Deal Backed by China ‘Signals a Commitment’ to Economic Integration: Singapore Minister

Pacific countries, including China, Japan, Australia and Singapore, on Sunday signed the Regional Comprehensive Economic Partnership (RCEP).

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Posted on November 16, 2020

Walmart nearly exits Japan after selling majority stake in Seiyu

Walmart Inc is selling a majority stake in Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten for over $1 billion, after suffering years of …

( read original story …)



Posted on November 16, 2020

Japan Foreign Minister: Maintaining Behind-The-Scene Dialogue With North Korea

Japanese Foreign Minister Toshimitsu Motegi said on Monday that Japan is maintaining dialogue with North Korea to resolve long-standing issues on its nuclear and missile developments and on Japanese …

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