Author: Admin
TOKYO :Japan’s core machinery orders fell 0.9 per cent in August from the previous month, government data showed on Thursday.That compared with a 0.4 per cent gain estimated by economists in a Reuters poll.On a year-on-year basis, core orders, a highly volatile data series regarded as a leading indicator of capital spending in the coming six to nine months, rose 1.6 per cent, versus a forecast for a 4.8 per cent increase, the data showed.The government downgraded its assessment on machinery orders, saying the recovery was “showing sings of stalling.”For the full table, go to the website of the Cabinet…
The two sides have maintained lower tariffs and continued Chinese rare earth flows under a delicate, six-month truce that has been repeatedly extended for 90 days at a time[WASHINGTON] Top US officials on Wednesday (Oct 15) blasted China’s major expansion of rare earth export controls as a threat to global supply chains, but said Beijing could still change course and avoid steps by Washington to decouple from the world’s second-largest economy.US Trade Representative Jamieson Greer told a press conference that China’s new export restrictions were a “global supply-chain power grab” and the US and its allies would not accept the…
Stellantis says it will invest $13 billion over the next four years to expand its manufacturing capacity in the United States, a move that the automaker says will increase its domestic vehicle production by 50% and add more than 5,000 jobs. The world’s fourth-largest carmaker said Tuesday the investment will support the introduction of five new vehicles, including a Dodge Durango to be built in Detroit and a midsize truck to be assembled in Toledo, Ohio. The new jobs will be spread across plants in Illinois, Ohio, Michigan and Indiana.Stellantis, which was created 4½ years ago from the merger of…
FORT LAUDERDALE, Fla., Oct. 15, 2025 /PRNewswire/ — As legacy spine and orthopedic companies divest from their core device portfolios and retreat from innovation, Harvard-trained orthopedic spine surgeon and CEO Dr. Kingsley R. Chin has demonstrated consistent leadership in guiding KIC Ventures to advance a bold new vision — building sustainable global markets in outpatient interventional spine surgery, regenerative biologics, and motion-preserving viscoelastic disc replacements. Dr. Kingsley R. Chin teaching fellow physicians at KIC Ventures headquarters in Florida—sharing his expertise in Less Exposure Spine Surgery (LESS™) and empowering the next…
Alphabet-owned YouTube said on Wednesday that it has resolved an issue impacting video streaming services for several thousand users globally.YouTube said in a post on X that users should now be able to play videos on YouTube Music, YouTube TV and its main platform — without specifying what caused the issue. At its peak, at 7:55 p.m. ET, 366,172 users in the U.S. had reported issues with YouTube, according to Downdetector, which tracks outages by collating status reports from a number of sources. Thousands of outages were also reported in the UK, Canada, and Australia, Downdetector showed. Downdetector’s numbers are…
New York — When 41-year-old Emily Groveman is not volunteering at a New York City animal shelter, she’s usually in her one-bedroom apartment looking for a job. “It’s been impossibly difficult,” Groveman told CBS News. “It’s been almost two years.” For almost a decade, she worked in hospitality with the NBA. “All the swag tickets to parties, back of house tours, meet-and-greets with the players, that would all flow through me,” Groveman said. Groveman then went on to lead a team at a digital marketing firm for about six years. She left in 2023 and hasn’t been able to find another job…
[LONDON] British finance minister Rachel Reeves should raise taxes by a lot in next month’s budget to exit the “Groundhog Day scenario” of continuously having to find measures to patch up the public finances, a think tank said on Thursday.The Institute for Fiscal Studies urged Reeves to stop giving herself only minimal headroom for meeting her fiscal targets which can lead to rushed policy changes.“There is a strong case to do something big enough that you don’t keep getting back into fiscal Groundhog Day,” IFS director Helen Miller said. “It’s sucking the life out of other things that we should…
Alphabet-owned YouTube was down for thousands of users across the United States, Canada, Australia and the UK, according to Downdetector. YouTube said in a statement published on its status page on Wednesday that it is aware of users experiencing issues watching videos, and added that it is investigating the issue. It was not immediately clear what caused the issue. As of 8:05 p.m. ET, 293,240 users have reported issues with YouTube just in the U.S., per Downdetector, which tracks outages by collating status reports from a number of sources. Downdetector’s numbers are based on user-submitted reports. The actual number of…
The deal underscores the rush to build costly infrastructure essential for powering advanced AI models[NEW YORK] An investor group including BlackRock, Microsoft and Nvidia is buying one of the world’s biggest data centre operators with nearly 80 sites in a deal worth US$40 billion to secure coveted computing capacity for artificial intelligence.The purchase of US-based Aligned Data Centers from Australian Macquarie Asset Management on Wednesday (Oct 15) is the first deal for the AI Infrastructure Partnership (AIP) formed last year which also includes Singapore’s Temasek Holdings, Abu Dhabi-based fund MGX, Elon Musk’s startup xAI and Kuwait Investment Authority among its…
Prime office landlord may continue diversifying geographically and across real estate asset classes to expand its portfolio[SINGAPORE] Unitholders of Keppel Reit may have mixed feelings about its recently announced purchase of a 75 per cent stake in a freehold retail mall in Australia.On the one hand, the deal has been billed as a strategic expansion by Keppel Reit into the retail property sector that promises to boost its distributions per unit (DPUs) and enhance the resilience of its portfolio.On the other hand, the acquisition will further dilute Keppel Reit’s exposure to Singapore’s prime office property sector – which is arguably…