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Sony logs record full-year sales as net profit beats forecast

Sony reported record full-year sales of 11.5 trillion yen on Friday, attributing the “significant” increase to growth in the gaming, music, film and image-sensor sectors. The revenue figure was the largest ever for the Japanese conglomerate, beating the last financial year’s record of 9.9 trillion yen ($73 billion). A weaker yen and strong gaming hardware sales helped boost sales, along ...

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Bangladesh to export potato to Japan

Bangladesh is going to export Valencia variety of potato to Japan as a Japanese company expressed interest in importing the potato. A top official of the company Seiya Kadou on Thursday expressed the interest at a meeting with Agriculture Minister Dr Abdur Razzaque, who is in a state visit in Japan as an entourage member of Prime Minister Sheikh Hasina, ...

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Disney sues Florida governor Ron DeSantis

Disney has accused Florida Governor Ron DeSantis of organising a campaign of “government retaliation” in a lawsuit. The new legal action sharply escalates the battle between the entertainment giant and the Republican politician. The two sides have been fighting since Disney criticised a state law banning discussion of sexual orientation or gender identity in primary schools. The lawsuit came after ...

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WB to continue supporting Shipping Ministry projects

The World Bank (WB) has assured to continue their cooperation in various development projects of the Shipping Ministry. World Bank Practice Manager for Transport in South Asia Shomik Mehndiratta made the remarks while paying a farewell call on State Minister for Shipping Khalid Mahmud Chowdhury at the latter’s office today. He said the World Bank (WB) will continue its support ...

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South Korea restores Japan on trade ‘white list’

South Korea formally restored Japan to its list of countries it gives preferential treatment in trade on Monday, three years after the neighbors downgraded each other’s trade status amid a diplomatic row fueled by historical grievances. In announcing the move through a government gazette, South Korea’s Ministry of Trade, Industry and Energy also said Seoul will further restrict technology and ...

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WWII wreck on which nearly 1,000 Australians died found

Deep-sea explorers said Saturday they had located the wreck of a World War II Japanese transport ship, the Montevideo Maru, which was torpedoed off the Philippines, killing nearly 1,000 Australians aboard. The ship — sunk on July 1, 1942, by a US submarine unaware it was carrying prisoners of war — was found at a depth of more than four kilometres ...

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Japan inflation unchanged at 3.1% in March: official data

Japan’s consumer prices rose 3.1 percent in March, matching last month’s figure and roughly in line with expectations, as inflation slows from four-decade highs, government data showed Friday. The figure, which excludes volatile fresh food prices, was marginally higher than market expectations of a 3.0 percent rise and even with February numbers. Friday’s figure comes a week before the Bank ...

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US imposes $300mn penalty on Seagate over Huawei shipments

US authorities on Wednesday imposed a $300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Commerce Department said. The manufacturer was involved in the shipment of hard disk drives valued over $1.1 billion to Huawei entities despite US controls. The violations, according to the Commerce Department, ...

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KitKat maker Nestle urged to cut unhealthy food sales

Nestle is being urged to cut the proportion of unhealthy food it sells and “play its part” for global health. Investor group ShareAction said 40% of Nestle’s sales of everyday foods in the UK were high in salt, sugar or fat. Nestle said its reporting on the healthiness of its global sales was a world first and pledged to set ...

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