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Japan’s higher base wages in July likely little relief to BOJ

  Bloomberg The first increase in base wages in four months is unlikely to offer much relief to the Bank of Japan as it undertakes a review of policies meant to stoke inflation and growth. Average monthly base pay, excluding overtime and bonuses, rose 0.4 percent in July from a year earlier to 241,518 yen ($2,326), the labor ministry said ...

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Hanjin Shipping to seek asset stay orders in 43 nations

  Bloomberg South Korea’s financial regulator said Hanjin Shipping Co. will seek stay orders in 43 countries to protect its vessels from being seized, after its court receivership filing last week roiled companies’ supply chain before the year-end shopping season. Applications in 10 countries will be made this week and the remainder soon, the Financial Supervisory Commission said in a ...

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Android makers strive to stand out

  NEW YORK / AP It’s getting rarer for phone launches to generate excitement these days — especially in the Android world, where all models use the same underlying Google software. Every year, phones get routine refreshes such as faster processors, better cameras and longer battery life. But Android phone makers haven’t given up trying to stand out. Samsung, for ...

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