Business

Japan to maintain close communication with US on currency markets, Katayama says

Hitachi, Platinum Are Said to Be Among Bidders for Swarco Unit

An arm of Hitachi Ltd. is among suitors bidding for part of Swarco, the traffic solutions provider owned by members of Austria’s Swarovski family, people familiar with the matter said.

Hong Kong Court Sentences Three Tiananmen Vigil Activists

A Hong Kong court sentenced three former organizers of annual vigils marking China’s 1989 Tiananmen Square crackdown.

Japan core inflation seen steady at 1.8% in August: Reuters poll

Jane Street becomes leading block trader in Asia after Segantii demise

Proprietary trading fund expands into areas once dominated by hedge funds

China Solar Wrap: Wafer Prices Steady After Falling Last Week

Chinese wafer prices steadied after dropping last week, with only limited transaction volumes, according to the China Silicon Industry Association.

RBC BlueBay Japan Stock Fund Manager Funaki Is Leaving Firm

Maya Funaki, a Hong Kong-based portfolio manager at RBC BlueBay Asset Management, is leaving the firm, according to a spokesperson for the investment arm of Royal Bank of Canada.

Texas judge rules TikTok misled users on child safety feature

Oil price today: Brent crude, WTI over $100 per barrel for first time in 4 months

This week, oil prices surged past a hundred dollars per barrel amidst growing worries over supply disruptions caused by attacks on shipping routes in the Middle East. US fuel prices reflect this trend as supply chains experience strain…

Insurance must drive Nigeria’s $1trn economy – NAICOM

NAICOM says the Nigerian insurance industry must boost capacity, tech, and trust to drive the nation’s $1trn economy. Learn about the new reforms. Read More: https://punchng.com/insurance-must-drive-nigerias-1trn-economy-naicom/

OpenAI Is Open to Slowing Cutting-Edge AI, Altman Tells Staff

OpenAI is considering slowing down the development of cutting-edge artificial intelligence, with CEO Sam Altman hoping other AI companies will do the same. (Source: Bloomberg)

Japan’s producer price gains stay elevated, backing BOJ hikes

The measure of input prices for Japanese firms rose 7.6% in August from a year earlier, the Bank of Japan has reported.