You are here
Communications Economy government Japan June month Top News 

Japan June jobless rate falls to 2.8 percent: government

July 28, 2017 TOKYO (Reuters) – Japan’s jobless rate fell in June and the availability of jobs improved for the fourth straight month to reach the highest since 1974, government data showed on Friday. The seasonally adjusted unemployment rate fell to 2.8 percent from 3.1 percent in May, versus economists’ median forecast of 3.0 percent in a Reuters poll, data by the Ministry of Internal Affairs and Communications showed. The jobs-to-applicants ratio rose to 1.51 from 1.49 in May to reach the highest since February 1974. The reading compared with…

Read More

Didi seeks $6 billion funding, to become China’s second-most valuable private firm

April 28, 2017 By Julie Zhu and Cate Cadell HONG KONG/BEIJING (Reuters) – Didi Chuxing, China’s top ride-hailing firm, is set to become the country’s second-most valuable privately owned company, with a valuation of more than $50 billion, through a fund raising round of up to $6 billion, sources said on Thursday. The valuation represents a jump from Didi’s $34 billion price tag in August, when it agreed to acquire Uber Technology Inc’s China business, and also puts it closer to the U.S. firm’s $68 billion. It also propels Didi…

Read More

China’s Didi to raise $5 billion for overseas expansion

April 27, 2017 BEIJING (Reuters) – Didi Chuxing, China’s top ride-hailing firm, is set to raise a $5 billion funding round that values the company at about $50 billion. Investors in the round include Softbank Group Corp, Silver Lake Partners, China Merchants Bank and Bank of Communications, according to a person familiar with the matter. Didi was last valued at $34 billion in August when it agreed to acquire Uber Technology Inc’s China business following a drawn-out rivalry between the two firms. The deal gave Uber a one-fifth stake in…

Read More
Facebook Auto Publish Powered By : XYZScripts.com