Business

Japan exports disappoint, full benefits of weak yen yet to show

TOKYO, May 22 — Japan’s exports rose less than expected in April from a year earlier due to weak demand from Europe and China, highlighting the challenges confronting the world’s ...

EU watchdog unveils caps for bank bonuses

LONDON, May 22 — EU regulators confirmed yesterday that they will cap bonuses of bankers earning more than €500,000 (RM2 million) a year and added other conditions to make the pay ...

Asian stocks cheered by Fed reassurance, yen awaits BOJ

SYDNEY, May 22 — Asian stocks rose today following a positive lead from Wall Street with Japan’s Nikkei reaching a 5-1/2 year high, while the yen took a defensive stance ahead of ...

Is Sony un-Japanese enough to entertain change?

TOKYO, May 22 — Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favours long-standing ties with banks, ...

China’s bird flu outbreak cost US$6.5b

GENEVA, May 22 — The H7N9 virus appears to have been brought under control in China largely due to restrictions at bird markets, but caused some US$6.5 billion (RM20 billion) in ...
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