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Business / Financial Markets Mar 27, 2020

Greenback gives up 109 line in Tokyo trading

The dollar slipped below ¥109 in Tokyo trading Friday, due in part to selling by exporters. At 5 p.m., the dollar stood at ¥108.91-91, down from ¥110.46-47 at the same time on Thursday. The euro was at $1.1019-1020, up from $1.0925-0925, and at ¥120.01-01, down ...

Fossil-fuel giant Russia tiptoes toward low-carbon future

Business Mar 27, 2020

Fossil-fuel giant Russia tiptoes toward low-carbon future

Fossil fuel-rich Russia has for the first time set out a greener economic path for the coming three decades, in a long-term, low-carbon development plan released this week. It pledges to cut planet-warming emissions by a third by 2030 from 1990 levels, when the heavily ...

Business Mar 27, 2020

Korean Air head defeats challenge from 'nut rage' sister

The "nut rage" heiress who forced a plane to turn back over her macadamias failed Friday to wrest control of the family airline from her brother, in what analysts said illustrated the power of incumbents at South Korea's chaebols. Cho Hyun-ah, 45, whose family control ...

Mask prices in Tokyo surge 11.3% in March as virus concerns grow

Business Mar 27, 2020

Mask prices in Tokyo surge 11.3% in March as virus concerns grow

Mask prices in Tokyo's densely populated 23 wards jumped 11.3 percent in March from a year before, reflecting supply shortages stemming from the spread of COVID-19, government data showed Friday. Face mask prices rose 3.2 percent month on month, the Internal Affairs and Communications Ministry ...

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