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China exports nose-dive more than a quarter in February

Beijing / Bloomberg China’s exports saw their heaviest fall in nearly seven years in February, diving more than a quarter as feeble global trade offset the weaker yuan and raised pressure on Beijing to ramp up domestic demand. The below-forecast reading is the latest data to raise fears of a “hard landing” in China and comes days after Beijing cut ...

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‘Poor working conditions’ force 5,803 foreigners to flee Japan in 2015

Tokyo / DPA The number of foreign technical intern trainees who fled from workplaces last year reached the highest level ever at 5,803, greatly surpassing the previous year’s figure, according to a Justice Ministry survey. The government believes that poor working conditions have resulted in the incidents in many cases. To counter this situation, the government plans to take legislative ...

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BoJ fails to hire more women in management

Tokyo / Bloomberg The Bank of Japan (BoJ) has made no progress in increasing the proportion of women in management positions in the past two years. Women held 4 percent of management posts in 2015, which was unchanged from 2013, according to a comparison of a statement released Tuesday and one from 2014. The central bank, in the statements, said ...

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