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Abe successor timed his entrance well

Japan Inc should rejoice at the prospect of a new premier: It can only get better from here. Yoshihide Suga, the top aide to Prime Minister Shinzo Abe, has been elected leader of the ruling Liberal Democratic Party in a landslide, paving his way to the country’s top post. Parliament’s vote on Wednesday will make it official. For industrial Japan, ...

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Sony’s chip problem ruins PlayStation buzz

Sony Corp really didn’t need this. At a time when its collection of businesses, from movies to sensors, are all declining, the Japanese conglomerate had one bright spot on the horizon: a new games console. Now the company, and its investors, will need to wait a little longer for that fresh high. Sony has been forced to cut its own ...

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Brits are clear between tax hikes, spending cuts

As Covid-19 continues to stretch the UK’s public finances, with the deficit possibly approaching 20% of GDP this year, the autumn budget is expected to address the wide gap between tax revenues and spending. The impact is likely not just to be economic, but also political. Number Cruncher recently polled 1,000 British adults on the choices ahead. On the question ...

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