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Effects of the BOJ's negative rate policy spread

Feb 6, 2016

Effects of the BOJ's negative rate policy spread

The effects on the everyday lives of people from the Bank of Japan’s decision late last month to introduce negative interest rates are spreading. Commercial banks are lowering their deposit rates due to falling market interest rates, while the Finance Ministry has suspended the ...

Apple now accepting banged-up iPhones for trade-in

Feb 6, 2016

Apple now accepting banged-up iPhones for trade-in

Apple for the first time is accepting banged up iPhones as a trade-in from those wanting to upgrade. Until now, Apple offered credit to iPhone owners only if the device had an intact screen and working buttons. Apple hopes that with more leeway, applicable ...

Feb 5, 2016

Japan's Cabinet finalizes bills for changing taxation rules

The Cabinet of Prime Minister Shinzo Abe finalized on Friday a set of bills to revise Japan’s taxation rules, centering on exempting food items from a consumption tax hike planned in April 2017 and cutting the corporate income tax rate. The government will submit ...

| Feb 5, 2016

Nikkei closes below 17,000 on higher yen

Stocks retreated for the fourth straight session on the Tokyo Stock Exchange Friday, with the benchmark Nikkei average closing below 17,000 for the first time in almost two weeks, pressured by the yen’s rise. The 225-issue Nikkei slumped 225.40 points, or 1.32 percent, to ...