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Aug 16, 2016

Japan banks introducing telecommuting, reduced working hours

More major Japanese banks are reviewing their working patterns and introducing such systems as telecommuting and shorter working hours to help carers and parents with young children get the time they need. Mizuho Financial Group Inc. plans to allow some 23,000 employees at the ...

Gaza entrepreneurs pitch business ideas in Japan-sponsored contest

Aug 16, 2016

Gaza entrepreneurs pitch business ideas in Japan-sponsored contest

Japanese youths have sponsored a business contest in Khan Yunis in southern Gaza to promote economic independence among young people in the self-governing Palestinian territory. Ten teams of entrepreneurs competed in the contest on Wednesday and Thursday last week. It solicited business ideas that ...

Aug 16, 2016

Russia proposes paring its ISS crew reportedly amid budget cuts

NASA is weighing a Moscow proposal to cut the number of Russian cosmonauts at the International Space Station from three to two, particularly its potential risk to the crew, an official said Monday. Typically, six crew members live at the orbiting outpost, a hallmark ...

Aug 16, 2016

Apple TV tie-up talk tweaks Twitter shares upward

Shares in U.S. social media giant Twitter jumped Monday, lifted by news reports of discussions to make its streaming broadcasts available on Apple TV. The stock was up 6.58 percent at $20.82 in midday trading on the New York Stock Exchange, marking the first ...

Aug 15, 2016

Panasonic to sell smartphones in five developing countries

Panasonic Corp. will start selling low-priced smartphones for consumers this autumn in five developing countries, including Kenya and Myanmar, according to informed sources. The other three countries are Ghana, Nigeria and Bangladesh. Prices are expected to be around ¥10,000. The major electronics maker once ...

Aug 15, 2016

Sony buys British dance music label

Sony Corp. said it has acquired Britain’s dance music label Ministry of Sound Recordings Ltd. in a bid to enhance content for younger consumers in its music entertainment business. Ministry of Sound Recordings originated from a nightclub in South London and was founded in ...

| Aug 15, 2016

Nikkei dips as yen inches upward

Stocks turned lower on Monday, weighed down by an uptick in the yen. The Nikkei average shed 50.36 points, or 0.30 percent, to close at 16,869.56. On Friday, it gained 184.80 points. The Topix index finished down 6.59 points, or 0.50 percent, at 1,316.63, ...