Japan’s startup index outperforms Topix by most since April

Japan’s startup index outperforms Topix by most since April

Japan’s startup equity gauge is outperforming the broader market by the most in over four months, as investors shift focus into domestic small and mid-cap stocks that benefit from yen strength.  The Tokyo Stock Exchange Growth Market 250 Index, formerly known as the Mothers Index, rose 3.4 per cent over the past month, compared with…

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China robots conference spotlights the changing face of humanoids

China robots conference spotlights the changing face of humanoids

AS CHINA seeks to race ahead in humanoid robot development, its supply chains showcased cheaper and innovative parts at the world robot conference in Beijing, but some executives warn the industry has yet to improve product reliability. Wisson Technology (Shenzhen), known for its flexible robotic manipulators, does not depend on motors and reducers – transmission…

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Apple defence bolstered by Google monopoly ruling in US case

Apple defence bolstered by Google monopoly ruling in US case

APPLE could be the winner after Alphabet’s Google lost its fight with the US antitrust enforcers earlier this week, with a ruling that supports the iPhone maker’s defence in its own antitrust court battle with US prosecutors, legal experts said. A federal judge mostly sided with state and federal antitrust enforcers in the blockbuster case…

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Nomura cuts Chinese stocks to fund Indonesia, Malaysia switch

Nomura cuts Chinese stocks to fund Indonesia, Malaysia switch

INVESTORS should pare their Chinese equity holdings and put their money in Indonesia and Malaysia, according to analysts at Nomura Holdings. They upgraded Malaysian and Indonesian stocks to overweight from neutral, partly on their view that the two markets will benefit more from cuts to US interest rates, according to a note by strategists including…

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Singtel, Hitachi to collaborate on data centres in Japan

Singtel, Hitachi to collaborate on data centres in Japan

They expect to ‘define more power-efficient methodologies that could advance any enterprise’s sustainability goals’ THE regional data centre arm of Singtel’s Digital InfraCo unit, Nxera, is exploring opportunities with Hitachi to develop data centres across Japan and potentially the wider Asia-Pacific region. This comes as part of a memorandum of understanding (MOU) signed between Singtel…

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Singapore dollar trades around 10-year high on policy outlook

Singapore dollar trades around 10-year high on policy outlook

SINGAPORE’S dollar advanced to its strongest in almost a decade as traders weighed the difference between the local monetary authority’s relatively hawkish policy outlook compared with that of the Federal Reserve. The local dollar hit levels last seen in 2014 against the greenback late Friday (Aug 23), and fluctuated around 1.30 per US dollar in…

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