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Samsung sold shares in four tech firms

  Seoul / AFP Samsung Electronics said on Sunday it had sold shares it held in four technology companies including US chipmaker Rambus and Japan’s Sharp to free up money and focus on its main business. The South Korean tech giant also sold shares in Dutch semiconductor equipment maker ASLM and US hard drive maker Seagate, it said in a ...

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Summer bonuses hit 9-yr high at Japanese firms

  Bloomberg Summer bonuses continue to grow at major Japanese companies, this year rising 1.4 percent on-year to the highest level since 2007, according to Health Ministry data. Bonuses for the 374 companies with available data were on average 843,577 yen ($8,250) this summer, just shy of levels nine years ago when additional compensation was at its highest on record. ...

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Australian lawmaker may quit over tax

Bloomberg Federal lawmaker George Christensen has threatened to quit the Liberal-National Party if a proposed tax on foreign workers remains in place, the Courier-Mail reported on its website. He told told locals in his Queensland state electorate before national elections in July that he would quit the governing party if the so-called backpacker tax remained, the Courier-Mail said. “I believe ...

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