Angel Gurria shows information from OECD’s recent annual report with Japanese Prime Minister Shinzo Abe in Tokyo on Monday. Agence France-Presse
Japan’s household spending rose less than expected in February and real wages tumbled at the fastest pace in more than three years, raising concerns about the hit to the consumer sector from heightening global uncertainties. The data is likely to be discussed by policymakers worried that risks to the export sector from ongoing trade disputes may discourage firms from raising wages, which in turn would hurt consumption.
Paul Bocuse is revered in France as the ‘pope’ of the country's treasured cuisine, and gained international recognition in part for his revolutionary ‘Nouvelle Cuisine’ in the 1970s.
The abdication of Japan's outgoing Emperor Akihito and the enthronement of his son Naruhito will be solemn, ritual-bound affairs complete with sumptuous clothing and sacred paraphernalia.
Sensex and Nifty ended lower on Thursday after advancing for four consecutive sessions as investors took to profit booking. Investors also treaded with caution ahead of Q4 results from index heavyweight Reliance Industries. Jet Airways was in the spotlight throughout the day over its steep fall.
A senior delegation from Investcorp, a leading global provider and manager of alternative investment products, led by Executive Chairman, Mohammed Alardhi, has successfully concluded a tour of four vibrant emerging Asian economies. The visit comes as the Firm’s Asian based investors’
OPPO—a leading global smartphone brand—has officially launched its newest smartphone series, Reno, in the Middle East. The company selected Dubai as the location for the premium series’ first international launch, emphasising the strategic importance of the region to OPPO’s global brand strategy.
Amazon.com said it would shut its China online store by July 18, as the US e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation. The move underscores how entrenched, home-grown e-commerce rivals have made it difficult for Amazon’s marketplace