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Japan inflation eases to 3.1%

TOKYO: Japan’s consumer price inflation eased to 3.1 percent year on year in July, in line with market expectations, government data showed on Friday. The figure for the world’s third-largest economy, which excludes volatile fresh food prices, followed a 3.3-percent reading in June. EASING UP This photo taken on Aug. …

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Canopy Growth to sell Smiths Falls HQ back to Hershey

Cannabis company Canopy Growth Corp. announced Thursday it’s shutting down its Smiths Falls headquarters and selling the building back to its original owner, Hershey Canada Inc.  Cannabis company to sell Hershey Drive facility for $53M. Eric Evoy shares he’s looking forward to the return of Hershey to his small town, …

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Japan hit by trade deficit in July

TOKYO: Japan suffered a trade deficit last month as exports sank for the first time in more than two years, dragged down by a slowdown overseas. Japan’s trade deficit totaled 78.7 billion yen ($539 million), the Finance Ministry said Thursday, the first trade deficit for the world’s third largest economy …

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Investors seek suspension of new BIR tax rules

Big business groups including the American Chamber of Commerce (AmCham) of the Philippines and investor firms inside Clark and Subic freeports are urging the government to suspend and review the implementation of new rules of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act that have started to take …

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China stops releasing youth jobs data

BEIJING: China said it would stop publishing data on its rising youth unemployment rate on Tuesday, as it released a raft of disappointing figures that stoked concerns over the state of the world’s second-largest economy. Shortly before the latest uninspiring indicators were published, the central bank cut a key interest …

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