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Nikkei 225 closes higher by 1.00% at 23,951.81

“Another day, another big move in the equities market” reports forexlive.com. Asian stocks remain buoyant in trading today despite some negativity from European stocks yesterday.Another day, another big move in the equities market.Asian stocks remain buoyant in trading today despite some negativity from European stocks yesterday. Other markets in Asia sees the Hang Seng index up by 1.07% while China’s Shanghai Composite and CSI 300 indices are up by 0.13% and 0.20% respectively. Source: forexlive.com Share This:

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Asian shares rise on Wall St, oil gains; Nikkei dips on yen

“This story corrects that the Hang Seng index is at an all-time high” reports foxbusiness.com. Hong Kong’s Hang Seng surged 0.8 percent to 31,359.64 and the Shanghai Composite index added 0.1 percent to 3,429.62.CURRENCIES: The dollar rose to 111.31 Japanese yen from 111.23 in late trading Thursday, though it was still near its lowest level since November. Source: foxbusiness.com Share This:

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Nikkei 225 closes lower by 0.24% at 23,653.82

“A relatively slow trading day in Tokyo sees the Nikkei close lower for a third straight day” reports forexlive.com. The Hang Seng index is up 0.52%, Kospi is up by 0.20%, CSI 300 is up by 0.07%, while the Shanghai Composite index is down by 0.08%.The rest of Asian equities are mostly higher with modest gains – following a vote of confidence by Wall Street as US stocks closed with record gains once again in yesterday’s trading. Source: forexlive.com Share This:

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Panasonic Built a Robot that Picks Tomatoes

“Panasonic recently unveiled a new robot that can pick tomatoes from a vine as fast as a human worker: According to Nikkei Technology, the robot is designed to pick up to 10 tomatoes per minute, rivaling the speed of most human workers” writes Avery Thompson for popularmechanics.com. The company envisions the robot attached to a rail system, picking an entire farm’s worth of tomatoes without any human involvement at all.The robots are coming for your job, but they’re also coming for your tomatoes.According to Nikkei, Panasonic has been interested in…

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Dialog shares tank on report Apple to design own power chips

“By 1526 GMT Dialog shares were still down a shade more than 19 percent at 30 euros” writes Douglas Busvine for reuters.com. Two years ago close to three quarters of its revenue came from being sole supplier of power-management chips for use in Apple devices.TSMC, the world’s biggest contract chipmaker, has been Apple’s sole supplier of core processor chips for iPhones since 2016 and also makes Dialog’s power-management chips.FRANKFURT (Reuters) – Apple is designing its own power-management chips for use in iPhones as early as 2018, the Nikkei business daily…

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Apple iPhones could run on the company’s own chips as soon as next year: Report

“Apple is designing its own main power management chips for use in iPhones as early as in 2018, the Nikkei business daily reported on Thursday citing sources” writes unknown author for cnbc.com. “Based on Apple’s current plan, they are set to replace partially, or around half of its power management chips to go into iPhones by itself starting next year,” a source said, according to the Nikkei report.Apple’s move would reduce its dependence on Dialog Semiconductor, that makes power-management chips for smartphone makers. Source: cnbc.com Share This:

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Apple to design its own power chips as early as 2018: Nikkei

“(Reuters) – Apple Inc is designing its own main power management chips for use in iPhones as early as in 2018, the Nikkei business daily reported on Thursday citing sources” reports businessinsider.com. Apple’s move would reduce its dependence on Dialog Semiconductor Plc, that makes power-management chips for smartphone makers.”Based on Apple’s current plan, they are set to replace partially, or around half of its power management chips to go into iPhones by itself starting next year,” a source said, according to the Nikkei report. (http://s.nikkei.com/2Al5nSl) Shares of the Anglo-German chipmaker…

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Sprint shares drop more than 11% on report that Softbank is calling off talks with T-Mobile

“The merger negotiations to combine Sprint and T-Mobile are in jeopardy, according to a Nikkei report Monday” writes Tomohiro Ohsumi for cnbc.com. Sprint shares dropped more than 11 percent, while T-Mobile stock dropped 5 percent after the report.”SoftBank Group plans to break off negotiations on a merger between subsidiary Sprint and T-Mobile US amid a failure to agree on ownership of the combined entity,” the Japanese financial news agency said. Source: cnbc.com Share This:

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Japan’s Nikkei stock market hits 21-year high

“Shares in financial firms, which invest in high-yielding products such as foreign bonds, staged a rally, with Mitsubishi UFJ Financial Group surging 2.8% and Mizuho Financial Group soaring 1.9%” writes Ayai Tomisawa for businessinsider.com. Tech shares rose after Amazon.com, Microsoft, Alphabet’s Google and Intel posted stellar quarterly earnings on Thursday.TOKYO, Oct 27 (Reuters) – Japan’s Nikkei share average surged more than 1% to a fresh 21-year high on Friday, led by banking shares as US yields remained high and by tech shares after their US counterparts posted strong earnings. Source: businessinsider.com…

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