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Posted on November 2, 2020

Japan’s factories extend activity declines to 18th month – PMI

Japan’s factory activity declined for a record 18th month in October due to weakening output, new business and employment, but export orders grew for the first time in two years in an encouraging sign …

( read original story …)



Posted on November 2, 2020

Japan panel makers see capacity utilization rates keep improving

Japan-based LCD panel makers including JDI and Sharp, a unit of Foxconn Electronics, have seen capacity utilization rates at their fabs improve significantly thanks to a robust panel demand for IT and …

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Posted on November 2, 2020

Stock Markets Start a Big Week on an Upswing: Live Business Updates

Futures for the S&P 500 predicted a 0.9 percent gain at the start of Monday’s session. That would mark a turnaround: Last week was Wall Street’s worst since March, as rising pandemic cases, new …

( read original story …)



Posted on November 2, 2020

Japan waives 14-day quarantine after business trips

Japan will exempt qualified business travelers who return after overseas trips lasting one week or less from a 14-day-quarantine requirement starting on Sunday. The change, approved Friday by the …

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Posted on November 2, 2020

Japan’s Nidec plans $2 bln EV motor factory in Europe – Nikkei

Nidec Corp 6594.T will spend 200 billion yen ($1.9 billion) on a new plant in Serbia to build motors for electric vehicles as it seeks to win more business from automakers turning away from internal …

( read original story …)



Posted on November 2, 2020

Japan waives 14-day quarantine after business trips

Japan will exempt qualified business travelers who return after overseas trips lasting one week or less from a 14-day-quarantine requirement starting on Sunday. The change, approved Friday by the …

( read original story …)



Posted on November 2, 2020

Stock Markets Start a Big Week on an Upswing: Live Business Updates

Futures for the S&P 500 predicted a 0.9 percent gain at the start of Monday’s session. That would mark a turnaround: Last week was Wall Street’s worst since March, as rising pandemic cases, new …

( read original story …)



Posted on November 2, 2020

Japan’s Nidec plans $2 bln EV motor factory in Europe – Nikkei

Nidec Corp 6594.T will spend 200 billion yen ($1.9 billion) on a new plant in Serbia to build motors for electric vehicles as it seeks to win more business from automakers turning away from internal …

( read original story …)



Posted on November 2, 2020

China’s factory activity rises to near-decade high in October – Caixin PMI

Activity in China’s factory sector accelerated at the fastest pace in nearly a decade in October as domestic demand surged, a private business survey showed on Monday, adding further momentum to an …

( read original story …)



Posted on November 2, 2020

Hong Kong’s Financial Services Secretary explains city’s role in fintech development

Fintech development requires a growing ecosystem and that can be achieved through money, talent and regulation, says Christopher Hui, Secretary for Financial Services and Treasury in Hong Kong.

( read original story …)



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