(Seoul=Yonhap Infomax) Reporter Yoon Si-yoon=Despite the intervention precautions of the Japanese government and central bank, the yen’s weakness is expected to continue for now.
According to Yonhap Infomax (screen no. 6411) on the 1st, the dollar-yen exchange rate rose again in the New York foreign exchange market and rose to the highest range of 157 yen. As of 8:10 am Korean time, the dollar-yen price is at 157.690 yen, down 0.06% from the previous day.
Although the Japanese authorities became more wary of intervention to buy the Yen at the end of last month, the Yen appears to be under pressure again due to concerns about US prices.
In fact, the dollar-yen exchange rate slipped 6 yen from 160 yen to the 154 yen range on the 29th of last month, which is thought to be the Japanese government’s intervention in buying yen.
However, investors are once again shifting their attention to the widening interest rate gap between the US and Japan and betting on a weaker yen.
In particular, as indicators linked to US prices point to inflation, the prospect of a continued high US policy interest rate is growing.
Cargo From Kyrgyzstan Can Reach Europe Through Azerbaijan…
Cargo from Kyrgyzstan can reach Europe through Azerbaijan.
As reported by Day.Az on Monday, Almaz Mambetov, co-chairman of the board of the Kyrgyz-Azerbaijani Development Fund, told the Kyrgyz media.
“Currently, large economic projects are being implemented in Kyrgyzstan and Azerbaijan. In Kyrgyzstan, in particular, the China-Kyrgyzstan-Uzbekistan railway is being built. It provides access to Turkmenistan, from where goods can reach Azerbaijan through the Caspian Sea, which is also in the interests of the Azerbaijani side. Further, through Azerbaijan, cargo from Kyrgyzstan will be able to enter European markets,” Mambetov said.
According to him, now Kyrgyzstan must consider what the country can export through the ports of Azerbaijan to Europe.
It should be noted that the China-Kyrgyzstan-Uzbekistan railway line project, 454 kilometers long, is intended to connect the railways of China and Uzbekistan through the territory of Kyrgyzstan, and then further join the European railway network.
Starbucks Misses Expectations Across The Board In Q2…
Starbucks Struggles in Q2 Earnings Results
Starbucks (SBUX) reported its Q2 earnings this week, and the results were less than impressive. The company posted lower than expected revenue, earnings, and same-store sales growth, leading to a decline in its stock prices.
CEO Laxman Narasimhan acknowledged the challenges faced by the company in this quarter but stated that these results do not reflect the potential of Starbucks. Nevertheless, investors were clearly concerned about Starbucks’ first quarterly sales decline since 2020 when COVID-19 lockdowns impacted the industry.
The coffee chain’s Q2 revenue dropped by 2% YoY to $8.6 billion while adjusted earnings per share decreased by 8% to $0.68. Global same-store sales declined by 4%, with transactions dropping by 6%. Although there was a 2% increase in average ticket size, it was not enough to offset losses elsewhere.
The decline in same-store sales was felt most strongly at Starbucks’ North American locations and US business segments with foot traffic falling by 7% YoY despite an uptick of +4 %in average ticket size . This trend is mirrored globally with international Starbucks stores posting similar stats –same-store sales down6%, transactions down3%, and average ticket sizes also down significantly (-3%).
Steel Companies Do Not Comply With SNI, Monitoring…
Illustration: workers check stock at a metal shop in South Tangerang, (MI/Agung Wibowo)
MANY steel companies from China operating in Indonesia do not meet the requirements of the Indonesian National Standard (SNI). This was conveyed by the Minister of Trade (Mendag) Zulkifli Hasan after the Ministry of Trade destroyed concrete reinforcing steel products belonging to PT Hwa Hok Steel.
Economic observer Yanuar Rizki believes that these companies are taking advantage of weak supervision in Indonesia. In fact, according to him, law enforcement in the country can be bought.
“Yes, that’s because there are weaknesses in all sectors, supervision and law enforcement that can be bought,” he said to Media Indonesia, Saturday (27/4).
Yanuar said that violations committed by a number of foreign companies were nothing new. Often these companies are stubborn and do not comply with existing regulations in the country.
To improve this, he said, of course it would return to supervision and law enforcement in Indonesia. Officials or officers should maintain their integrity. As long as corruption or corruption against officials cannot be eradicated, similar cases will continue to occur.
“Yes, if asked that, the answer is normative,
BUSINESS RELATIONS Bordeaux Companies Looking For Partnerships In…
A business mission of French entrepreneurs is scheduled to Madagascar next May, with the aim of prospecting partnerships with local companies. This initiative aims to develop business flows and pool skills, experiences and networks.
In total, eight member companies of the Bordeaux Africa business club (CBSOA) and the Bordeaux Gironde Chamber of Commerce and Industry will travel to the Big Island. These companies specialize in various sectors such as renewable energy, electrical equipment distribution, consulting, food packaging solutions, digital communication and printing, engineering specialized in petroleum equipment, as well as international transport and logistics.
On the Malagasy side, this mission will be hosted by the Antananarivo Chamber of Commerce and Industry (CCIA), which has proven expertise in organizing B2B meetings. For years, she has combined several business relationships between Malagasy companies.
The CBSOA, which has carried out more than a hundred business missions in thirty-five African countries, currently brings together more than seventy member companies. This time, its objective is to facilitate exchanges between Malagasy and French entrepreneurs, thus promoting new collaborations and commercial opportunities.
Business travelers will therefore be expected from May 22 to 24. The free B2B session is open to all legally incorporated Malagasy companies.
Three Years / Debrising Of Employers With Dismissals…
Companies don’t give three years and instead give the minimum wage plus an “additional payment as a voluntary benefit” – Labor Ministry intervention
Them unfair and illegal employer practices who they don’t pay them three years seniority to the employee, under her responsibility government which has effectively disabled the APR complains Federation of Private Employees of Greece (OIYE).
As OIYE emphasizes which requests meeting with his leadership Ministry of Labour and with the Governor of the Independent Authority Labor Inspectionin sectors such as security“the circumvention of the obligation to pay the three years is done with illegal terms in operational collective labor agreements, where the counting of three years begins from work in the sector and not in the other vested (prior to 2012) three years of seniority regardless of employer, as expressly defined by Law 5093/2023, resulting in wages lower than the legal ones”.
In addition, describing her impunity which prevails in labor market the OH notes that many employers they find ways and extortion practices to avoid her payment of these three years.
“They move on arbitrary and unjustified dismissals of employees who had work experience before 2012, which was “frozen” with the infamous PYS 6/2012 and who just show their badges so that the law is applied and receive the relevant increase,
This Only Costs 65 Cents And Does Wonders…
#costs #cents #wonders #washing #machine
Over time, washing machines can accumulate a series of problems. The main reason for this to happen is mold. More specifically, the one found on the rubber gaskets of the washing machine and even inside is a big problem. The machine smells bad and so does the clothes. The good news is that it’s easy to fix. So, in order not to harm your clothes or the washing machine in terms of bad smells, there is a wonderful and well-known product called hydrogen peroxide. But I’m sure you know him by another name. We’ll explain everything now and the truth is that this product that costs 65 cents does wonders for your washing machine.
This only costs 65 cents and does wonders for your washing machine!
Slime mold feeds on the moisture inside the washing machine and detergent residue, growing larger and larger unless it is stopped. To prevent mold from building up in your washing machine, it’s a good idea to keep the door open after each wash, but for mold that has already built up,
2026 Deferral Of Milk Packaging Collection Under Deposit…
The obligation to collect milk packaging and milk products under the deposit system will be postponed until 2026, according to the draft law related to the operation of the deposit system published on Tuesday. Representatives from the beverage industry and trade previously called for the exclusion of milk and milk drink packaging from the deposit system. In their opinion, collecting such a package could “treat yourself with a biological bomb.” Deferral of revenue rules
The new regulations include, among other things, the postponement of the obligation to collect milk and milk product packaging until 2026. This was announced earlier in an interview with tvn24’s business editorial team. pl Deputy Minister Anita Sowińska.
Representatives from the beverage industry and trade had previously asked the government to ban milk and milk drink packaging from the deposit system. In their opinion, the collection of such a package can lead to “treating yourself with a biological bomb.”
photo-component”
An inventory system for beverage packagingPAP/ Mateusz Krymski
The investment system in Poland
Large stores with an area of more than 200 square meters must collect empty packaging and return the deposit, while smaller ones will be able to enter the system voluntarily,
Elodie-Annalisa Co-Hosts: Sanremo 2025, Rai Plans. And Carlo…
Annalisa – Elodie (photo Lapresse) Elodie-Annalisa co-hosts: Sanremo 2025, Rai plans. And Carlo Conti…
Sanremo 2025, Carlo Conti with Maria De Filippi encore? Pay attention to Leonardo Pieraccioni and Giorgio Panariello: a trio made in Tuscany for the singing festival. While the duo Annalisa-Elodie… Rai working for the post-Amadeus. Let’s see the latest rumors.
Sanremo 2025 and the legacy of Amadeus’ record TV ratings
Angelina Mango’s victory ahead of Geolier and Annalisa closed Sanremo 2024 with an evening that on the front of the listen to TV recorded record numbers: 14 million 301 thousand viewers, equal to a 74.1% share. The last night of Amadeus all’Ariston (with him and Fiorello who closed the episode by leaving in a carriage) is a legacy for whoever will host the next Festival. Sanremo? Italian Super Bowl, was the analysis by Dentsu.
More generally it was Ama’s entire five-year period to be amazing from the point of view of the results achieved. Rai, lost Amadeus (from autumn to Warner Bros Discovery on the Nine, here what will lead) will therefore start again with one new artistic direction. The leaders of state TV are at work to withstand the impact of this passing of the baton.