Japan urges firms to be cautious about foreign acquisition
TOKYO, Mar 27 (Reuters): The Japanese government published a guidebook on Tuesday on how to conduct overseas M&As in a bid to reverse a recent trend of foreign acquisition flops by Japanese companies.One key tip to local companies was, "don't rely too much on external financial advisers".The Ministry of Economy,...
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China Southern Airlines will add 115 aeroplanes to its fleet this yr
HONG KONG, Mar 27 (Reuters): China Southern Airlines Co Ltd's chairman on Tuesday said the carrier "strongly opposes" what he called the United States' protectionist stance on trade with China, and hopes U.S. firms relay to Washington that protectionism will be detrimental to both sides.Wang Changshun made the comments at...
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Middle East tension pushes up oil prices
SINGAPORE, Mar 27 (Reuters): Oil prices rose on Tuesday, pushed up by concerns that tensions in the Middle East could lead to supply disruptions.Hopes that behind-the-scenes talks between the United States and China will prevent a looming trade war between the world's two biggest economies also supported global markets, including...
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Gold slips from six-week high
LONDON, Mar 27 (Reuters): Gold slipped on Tuesday as risk appetite revived in global financial markets, lifting equities, but the precious metal was not far off a six-week high hit overnight as investors remained cautious over political tensions between Russia and the West. Stock markets jumped in response to reports...
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