The Daily Manila Shimbun

 

Xerox Scraps Accord on Acquisition by Fujifilm

May 14, 2018

New York- Xerox Corp. said Sunday it will terminate the agreement on the acquisition of the U.S. copier maker by Japan’s Fujifilm Holdings Corp. Xerox said it has entered into a new settlement agreement with two major shareholders who opposed

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MUFG Bank, Sumitomo Mitsui Mull Joint ATM Use

May 14, 2018

Tokyo- MUFG Bank and Sumitomo Mitsui Banking Corp. are considering jointly using automated teller machines, according to informed sources. The move is designed to improve customer convenience and increase operational efficiency. Both of the two major Japanese banks find it

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Sharp Pres. Tai May Stay On until FY 2019

May 12, 2018

Tokyo- Sharp Corp. President Tai Jeng-wu, in a message to the firm’s employees on Friday, indicated his intention to remain in the post until fiscal 2019. In the message, Tai said he feels a strong responsibility to attain targets included

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Stocks gain a day after central bank raises policy rates

May 11, 2018

Stocks surged on Friday, a day after the central bank raised policy rates for the first time in four years to check inflation. The Philippine Stock Exchange index closed 181.11 points higher to end at 7,752.11. In the broader market,

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Subaru Projects FY 2018 Sales, Profit Falls on Stronger Yen

May 11, 2018

Tokyo- Major Japanese automaker Subaru Corp. said Friday that its group operating profit in fiscal 2018, which started in April, is projected to drop 20.9 pct from the previous year to 300 billion yen, with sales seen falling 4.6 pct

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3 Major Japanese Mobile Carriers Enjoy Higher Sales, Operating Profits

May 11, 2018

Tokyo- Three major Japanese mobile carriers produced gains in consolidated sales and operating profit in the year that ended in March, according to their earnings reports. KDDI Corp.’s operating profit rose 5.5 pct from the previous year to a record

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Suzuki’s Global Vehicle Sales May Reach 7 M. Units in 2030

May 11, 2018

Tokyo- Suzuki Motor Corp.’s global vehicle sales may reach seven million units in 2030, as the Indian market is expected to expand rapidly, Chairman Osamu Suzuki has said. This is up sharply from some 3.22 million units sold globally by

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Xerox to Restart Talks with Fujifilm on Acquisition Bid

May 10, 2018

New York- U.S. copier maker Xerox Corp. has said it will restart negotiations on the acquisition bid by Japan’s Fujifilm Holdings Corp.. According to a letter to its shareholders disclosed on Wednesday, Xerox will review the 6.1-billion-dollar acquisition agreement reached

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