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09.09.2024 21:53
09.09.2024 22:16
Japan purchases of foreign bonds hit record on stronger yen - Nikkei Asia TOKYO -- Investors in Japan bought a record amount of overseas bonds in August, the latest data from the Finance Ministry shows, as a stronger yen prompted pension funds and other players to rebalance their portfolios.The purchases totaled a net 7.34 trillion yen ($51.3 billion) for the month, topping the previous record of 5.45 trillion yen from July 2016.

10.09.2024 0:35
Apple unveils iPhone 16, but AI unavailable in Japanese, Chinese till 2025 - Nikkei Asia PALO ALTO, California -- Apple introduced its first AI-powered iPhone on Monday, though Chinese and Japanese consumers won't be able to experience the full power of Apple Intelligence until next year.The highly anticipated iPhone 16 comes with the more powerful A18 chip, improved cameras, longer battery life and other upgrades, but its biggest selling point likely will be Apple Intelligence. These new artificial intelligence-powered functions include more intuitive interactions with voice assistant Siri and the integration of ChatGPT into the operating system.

10.09.2024 1:56
India's Tata enlists Tokyo Electron in semiconductor push - Nikkei Asia PUNE, India -- Tata Electronics said Monday it will partner with Japanese chipmaking equipment maker Tokyo Electron in training and other areas part of a move into semiconductors.Tata Group is one of the biggest conglomerates in India, with leading companies in information technology services, autos and other industries. At the end of February, the Indian government announced its approval of the group's plan to build the nation's first homegrown semiconductor fabrication plant.

10.09.2024 2:00
India edges warily toward accepting more Chinese investment - Nikkei Asia NEW DELHI -- As Narendra Modi moves ahead with his third term as prime minister of the world's most populous nation, there is growing recognition that his Make in India drive to transform the country into a global manufacturing powerhouse is not fully living up to expectations.Despite showcase successes like Apple's move to make its latest iPhone model in India, progress on targets for industrial investment, factory job creation and expanding manufacturing's share of gross domestic product has lagged. While the government has offered production subsidies and protective tariffs, many companies have not boosted manufacturing capacity at a rate commensurate with India's rapid economic growth.

10.09.2024 2:05
Abe protege Takaichi is stock market's top choice for Japan leader - Nikkei Asia TOKYO -- Economic Security Minister Sanae Takaichi is the most popular choice among stock market pros to become Japan's next leader, a monthly QUICK survey released on Monday shows.Takaichi led the poll with 29% of responses, as market participants are hopeful the hawkish Liberal Democratic Party lawmaker would pursue economic policies similar to "Abenomics" -- those of former Prime Minister Shinzo Abe.