South Korea seeks four-year prison sentence for Lotte group chief

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Source: Dukascopy Bank SA
According to the Lotte group spokesman, South Korean prosecutors are asking a four-year prison term for their chief Shin Dong-bin. In addition to that, they demand a 25-year jail time for South Korean ex-president's friend Choi Soon-sil.
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Thu, 14 Dec 2017 07:11:37 GMT

Japan approves corporate income tax cut

On Thursday, the ruling bloc led by Prime Minister Shinzo Abe approved the corporate income tax cut to 20% from 30%. However, the bill is supposed to be applied only for those companies that increase wages aggressively and boost local capital spending.

Thu, 14 Dec 2017 05:52:43 GMT

Rakuten aims to become fourth main wireless carrier in Japan

Japan's Rakuten is set to apply for a 4G license, in a bid to become the fourth largest wireless carrier in Japan, while analysts warned over an uphill battle to get consumers.

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