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Japan to sell shares to Japan Tobacco Company

In a bid to raise funds for the reconstruction of the devastated areas of Japan post the 2011 earthquake and tsunami, Japanese government has decided to sell a third of its stake in Japan Tobacco. Japan Tobacco is the third

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Uncertainty about Sharp’s survival in the long run

The falling sales and a rising yen have pushed Japan’s Sharp to an edge. The company has issued a warning about its survival in the long, as its credit rating has been cut to a “junk” status. A “junk” status

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Panasonic projects USD 9.6bn loss

Faced with falling sales and reconstructing expenses, Panasonic has forecast a net loss of USD 9.6bn The firm has been trying to restructure its business and said costs relating to that were expected to be almost 11 times more than

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