Japan firms fall woefully short of meeting government goals on women in management: Reuters poll

By Tetsushi Kajimoto

TOKYO (Reuters) – About one-fifth of Japanese companies have no female managers and most say women account for less than 10% of management, a Reuters monthly poll found, highlighting the struggle for the government’s “womenomics” drive to make headway.

The survey results come as Japan is seen to delay its target this year to raise the share of women in leadership posts to 30% as part of the government’s campaign to empower women, dubbed “womenomics”, and cope with Japan’s ageing population.

The Reuters Corporate Survey, conducted Sept. 29-Oct. 8, found 71% of Japanese firms said women accounted for less than 10% of management, while 17% had no female managers at all.

Asked how much scope there was to increase female managers, 55% said by around 10%, a quarter said by about 20%, one in 10 firms said by around 30%, while 5% saw no room for that.

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Investors sour on baht, trim long bets on most emerging Asian currencies: Reuters poll

(Reuters) – Investors turned bearish on the Thai baht for the first time in two months, highlighting concerns over the pace of recovery in Southeast Asia’s second-largest economy through the COVID-19 pandemic and a domestic political crisis.

FILE PHOTO: A Thailand Baht note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration

Bullish bets on most other emerging Asian currencies were scaled back with the U.S. dollar near two-month highs in recent weeks amid uncertainty leading up to the U.S. Presidential election, while market participants further increased short positions on the Indonesian rupiah IDR=.

Short positions on the baht THB=TH were at their highest since late-April, a fortnightly poll of 12 respondents showed, as the government tries to revive the tourism-reliant economy by approving long-stay visas for foreign tourists, providing tax incentives and cash handouts.

Last month, the Thai central bank left interest rates unchanged and upgraded

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Google’s $2.1 billion Fitbit deal set for EU approval: Reuters

  • Google is expected to win EU approval for its $2.1 billion Fitbit deal after it addressed competition and data concerns, Reuters reported.
  • The internet giant has promised it will not use Fitbit data to personalize adverts for 10 years, according to a Financial Times report.
  • It will also ensure competitors can use its Android and Cloud platforms, according to people familiar with the matter.
  • The EU opened a four-month long investigation into Google’s acquisition of Fitbit in August. The deal was first announced in November 2019.
  • Visit Business Insider’s homepage for more stories.

Google’s $2.1 billion acquisition of wearables company Fitbit appears to have cleared a major hurdle.

It will be cleared by EU antitrust regulators after the tech giant agreed Tuesday to restrict how it uses customer data, according to multiple reports.

Google promised regulators that it would not personalize adverts based on user data for 10 years, up

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