Japan

Reportedly Foxconn is Acquiring Sharp for $6.25Billion

Reportedly Foxconn is Acquiring Sharp for $6.25Billion

Reportedly, Sharp Corp. inked a 700 billion yen or approximately $6.2 billion deal from Foxconn Technology Group based in Taiwan. The company's also had an offer from INCJ, a Japanese government-backed fund that facilitated other mergers like that of Hitachi, Sony as well as Toshiba's display units.

In the Fourth Quarter of 2015 Japan’s Economy Contracted Once More

In the Fourth Quarter of 2015 Japan’s Economy Contracted Once More

On Monday, according to a government data, the economy of Japan shrank in the last quarter of 2015. The contraction was more severe as compared to expectations, in the middle of rising signs of slowing global economy. The nation is not being able to break free from its expansion and contraction cycle in spite of the Abenomics program being there for more than three years.

BOJ’s Negative Interest Rate Expected to have Major Influence on Japan’s Banks

BOJ’s Negative Interest Rate Expected to have Major Influence on Japan’s Banks

Banks in Japan will probably bear the impact of the negative interest rates move taken recently by the Bank of Japan (BOJ). However, the analysts have different views regarding the amount of influence of this move on the banks.

Crude Oil Imports in Japan Drop in 2015 as Demand Slows

Crude Oil Imports in Japan Drop in 2015 as Demand Slows

Last year, crude oil imports from Japan dropped to its lowest level since 1988. The reason behind the drop in imports being low demand with introduction of more fuel efficient vehicles and lower population.

Japanese astronomersdiscover massive black hole in the Milky Way

Japanese astronomersdiscover massive black hole in the Milky Way

A team of astronomers have said that they might have discovered what is described a massive black hole lurking in the Milky Way.

 

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