TOKYO - Japanese Prime Minister Shinzo Abe's cabinet approved a $182 billion economic package on Thursday to pull the economy out of deflation, but doubts remain about the economic impact.
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DETROIT - Nearly 50 years after launching its affordable sports car, Ford Motor Co is unveiling a global redesign of the Mustang to try to burnish the U.S. automaker's image and spur sales of its more expensive models.
TOKYO - The Toyota Motor Corp group's labor federation will push for a unified rise in base wages, Japanese media said on Thursday, a major step towards permanent wage increases that will be key to ending Japan's decade and a half of deflation.
FRANKFURT - General Motors will drop the Chevrolet brand in Europe by end 2015, and focus its resources on pushing its Opel and Vauxhall brands, the latest effort by the U.S. carmaker to turn around its European operations.
YANGON - Myanmar will allow some foreign banks to begin offering limited financial services next year, a senior central bank official said, as the Southeast Asian country slowly opens up its banking sector following a series of economic and political reforms.
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