financializer news A weblog highlighting financial topics making news in the international media.

caracas plaza: When previously unknown Venezuelan opposition politician Juan Gua do stood up in an East Caracas plaza and declared himself interim president of the South American country, Western corporate media were ebullient, according to MSNBC. In those heady early days, corporate journalists could scarcely conceal their love affair with the 35-year-old politician, whom they likened to Barack Obama CNN 2/7/19 and described as a freedom fighter Fox Business 1/29/19 and Venezuela's only democratically elected figure MSNBC 1/24/19 who had captured the heart of the nation New York Times, 3/4/19 . Nearly six months later, with Gua do no closer to ousting Venezuela's elected president, Nicol s Maduro, from Miraflores Presidential Palace, the enthusiasm has dampened. CBC depiction 6/29/19 of Juan Gua do. Now that the honeymoon is over, it would appear that corporate journalists have been compelled to reckon with some uncomfortable truths about Gua do, US sanctions and the coup they had been vigorously endorsing. After Gua do's self-proclamation in January, the corporate outlet 1/23/19 gushingly described him as a salsa-loving baseball fan, who posed the boldest challenge to socialist President Nicolas Maduro's rule in years. A dying romance image Bloomberg Forced to Bathe With a Bucket of Water, Juan Guaido Soldiers On Disappointed Venezuelans Lose Patience With Gua do, writes Reuters 7/1/19 in what might be read as a projection of its journalists' own frustration with Washington's failing coup. (news.financializer.com). As reported in the news.

ali kemal: The former London mayor is the great-grandson of the Ottoman Empire's last interior minister, Ali Kemal, and his ancestry has been a source of pride for many Turks, according to Nine News Australia. Despite his sometimes disparaging remarks about Turkey, including a crude limerick about President Tayyip Erdogan and demands in 2016 that Britain veto Turkey's accession to the European Union, Johnson is affectionately referred to as Boris the Turk by some Turkish media. To improve your experience update it here News World Turks welcome 'Ottoman grandson' Johnson By AAP10 26pm Jul 24, is celebrating incoming British prime minister Boris Johnson's Turkish heritage, with politicians and media proclaiming that the Ottoman grandson could strengthen ties between two countries on Europe's fringes. Ottoman grandson becomes prime minister, read a front-page headline of the opposition newspaper Sozcu. Like Johnson, his great-grandfather was a journalist who went into government, a move that proved ill-fated. For England, a prime minister with roots in Cankiri, it said, referring to Kemal's home province in central Turkey. (news.financializer.com). As reported in the news.

hong: The Shanghai Composite Index rose 1.1%. Hong Kong's Hang Seng gained 0.9%, while Japan's Nikkei rose 0.5%. Here are some of the other big moves on Asian markets at 10 30 a.m. in Hong Kong today, according to CNN. Wall Street's gains provided a positive lead. US negotiators are expected to travel to China to resume talks on a trade agreement, a person familiar with the plans told CNN. The negotiations will be the first face-to-face talks since President Donald Trump met Xi Jinping, his Chinese counterpart, at the G20 summit last month. The Dow INDU and S&P 500 SPX both closed 0.7% higher, while the Nasdaq COMP gained 0.6%. Investors were cheered by the prospect of reduced trade tension and shrugged off news of an unprecedented confrontation Tuesday between warplanes from four countries above a disputed island off the coast of South Korea and Japan. The Star Market, China's new Nasdaq-style tech board, had a positive opening on its third day of trading. Nissan NSANF shares rose 0.9% in Tokyo, outperforming the Japanese market, after reports that it will cut 10,000 jobs. (news.financializer.com). As reported in the news.

computer engineer: As a teenager, she chose to be a computer engineer, ignoring her dream to be a writer, based on a formula she devised to rank the best value university courses based on tuition fees versus future pay, according to The Guardian. And as an adult, any domestic disagreements with her husband, Bryce Leung, are generally won or lost based on who makes the best mathematical case. On her first ever trip to a toy shop aged eight, after her family moved to Canada, she declined the offer of a teddy bear in favour of a cheaper one and requested that her father send the remainder of the money to their family in China. But when, in 2012, Leung told her that in three years' time their savings had the potential to hit C 1m US 760,000 and they could retire in their early 30s, she was convinced the facts in front of her were incorrect. I didn't believe that was possible at all. My reaction was like, No, this is wrong, your math is wrong, there's something wrong here,' she says. (news.financializer.com). As reported in the news.

getty imageslaw: Getty Imageslaw and order A New Legal Argument for Impeachment'Were the Mueller hearings a dud, or a quiet blockbuster Ten legal experts weigh in, according to MSNBC. By POLITICO MAGAZINEJuly 24, 2019Continue to article content Facebook Twitter Email Comment Print Continue to article content After three months of reading or not reading the Mueller Report but hearing very little from the man who wrote it, the American public finally got to see and hear Special Counsel Robert Mueller testify before Congress Wednesday in six-plus hours of questioning on live television. Email Sign UpBy signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. Now that Mueller's testimony is over, what's changed The Democrats may have realized they need a new political strategy to combat Trump, yet at the same time a different legal argument for impeachment emerged, and the Russia investigation now threatens to loom over Trump's postpresidency. Here are their analyses The Democrats' reliance on Mueller is the wrong approach'Jill Wine-Banks is a former assistant Watergate special prosecutor, former general counsel of the U.S. Army and former member of the Department of Defense Judicial Proceedings Panel Subcommittee on Sexual Assault in the Military, and she is an MSNBC contributor. Story Continued BelowPOLITICO Magazine asked some of the most renowned legal experts in the United States what the most important revelations were, legally and practically, and if there's anything new that the White House or Democrats must now contend with. (news.financializer.com). As reported in the news.

morning session: Chinese leadership is pinning hope on STAR to help raise funds for dozens of new and high-tech upstarts scattered in major Chinese cities - mostly in Shenzhen, Shanghai, Beijing, Hangzhou, Xi'an and Chengdu, according to Global Times China. STAR is managed by the Shanghai Stock Exchange. Market analysts said that the stellar ride of STAR market mirrors the thrilling sentiment of Chinese institutional and individual investors, who gauge the strong support from China's central authorities as a loud bullhorn for buying-in. All 25 existing stocks edged up as of the end of the morning session on Wednesday, with most shares rebounding by 5-10 percent. However, increases were milder compared to the first day of trading, when 16 out of the 25 companies saw their share prices double. Four stocks rallied more than 10 percent, led by Fuguang Technology with an impressive 25 percent gain. (news.financializer.com). As reported in the news.

san francisco: But Monday night, Sun's Tron Foundation announced on Twitter that the meeting had been postponed, saying Sun had fallen ill with kidney stones, with both parties agreeing to reschedule at a later date, according to Market Watch. Then things took an odd turn. Sun, founder of the Tron cryptocurrency and chief executive of Bit Torrent, was to have a private lunch with Buffett, a noted crypto skeptic, Wednesday in San Francisco. Early Tuesday, Chinese media outlet Caixin reported that Sun, a Chinese national, actually canceled because he was barred from leaving China, citing a report by China's 21st Century Business Herald that he was detained there and under investigation for illegal fundraising, money laundering, gambling and spreading pornography. As for his location, Sun tweeted photos of himself apparently in San Francisco, as well as a nine-minute live Periscope video in which the city's Bay Bridge can clearly be seen in the background. Sun quickly denied the report in a post on Chinese social-media site Weibo, as well as the specific allegations, saying it is not true that his company was involved in illegal behavior, according to a Google translation. (news.financializer.com). As reported in the news.

share: Thank you for your patience in this regard, according to The Independent. David McKay editor & team Left Column Jan Cronje Ex-PIC head says R4.3bn AYO investment was above board2019-07-24 10 40 Jan Cronje Dan Matjila was continuing to testify about the PIC's investments in companies linked to the Sekunjalo group. We sincerely apologise for any inconvenience caused and hope to be up and running again this evening. LIVE NEWS FEED Jump to bottom Last Updated at 11 0724 Jul 15 49 Copy Share Icon With that, the inquiry adjourns until Thursday at 09 30. 24 Jul 15 47 Copy Share Icon Matjila says it is his understanding that the investment committee could ratify the fact that he signed the AYO share subscription after he signed. He notes that the Government Employees Pension Fund did not have to be consulted about the AYO investment, and it did not have to approve it. He says the PMC has ratified authorisation after the deal before. (news.financializer.com). As reported in the news.

trade conflicts: But the report sounded the alarm, saying things could easily go wrong, according to The Japan Times. Global growth is sluggish and precarious, but it does not have to be this way because some of this is self-inflicted, IMF chief economist Gita Gopinath told reporters. Trade conflicts are undercutting investment and weakening manufacturing, and the IMF urged countries to avoid using tariffs to resolve their differences. ; In its quarterly update of its World Economic Outlook, the IMF trimmed the global forecast issued in April by 0.1 percentage point this year and next, with growth expected to hit 3.2 percent in 2019 and 3.5 percent in 2020. Dynamism in the global economy is being weighed down by prolonged policy uncertainty as trade tensions remain heightened despite the recent U.S.-China trade truce and the prospects of a no-deal Brexit have increased, she said at a briefing in Santiago. However, the United States, which is at the center of most of the trade tensions, saw one of the rare upgrades in the report, as it got a short-term boost from strong economic growth in the early part of the year. Gopinath warned that the recovery seen next year is precarious because close to 70 percent of the increase relies on an improvement in the growth performance in stressed emerging market and developing economies and is therefore subject to high uncertainty. (news.financializer.com). As reported in the news.

wearable devices: This half-day interactive symposium will bring together Next Flex members and the broader community to discuss new and emerging application areas that are maturing to the stage that they may be suitable for Next Flex focus, the current state of the field, and manufacturing capabilities and challenges, according to The Independent. Participants will include technology developers and researchers in human health and performance, manufacturers, and supply chain partners, as well as interested DoD and civilian end-user communities. Simultaneously, the field of wearable devices, unobtrusive, non-invasive, and minimally invasive monitoring and therapeutic devices has grown rapidly during this time. An objective for the symposium will be to identify possible new and continuing areas of Next Flex investment broadly related to human monitoring. Related Suggested For You Baker-Polito Administration Announces Advanced Manufacturing Awards UV Curing System Market Worth 6.1 Billion by 2024 Marketsand Markets ARPA-E Investment in NREL Pays Dividends in Advancing Energy Tech if typeof mobile Mode! undefined null mobile Mode mobile Mode 0; var ad Size 1, 1 300, 200 300, 210 300,215 ; if mobile Mode ! undefined && mobile Mode ! null && mobile Mode var ad Size 1, 1 150, suggested Ad3suggested2 ad Size, breaking-news ; ; ; ; FHE for Defense Applications Workshop Participants Enthusiastic About DoD Requirements Next Flex Launches 10.5 Million Funding Round Sensirion Launches SCD40 at Sensor Test 2019, Sensors Expo 2019 Identiv Nominates Retired US Navy Vice Admiral Robin R. Braun for Board of Directors Flex Announces First Automotive News PACE Award Win Imec, Jolywood Achieve Record 23.2% with Bifacial n-PERT Solar Cells if typeof mobile Mode! undefined null mobile Mode mobile Mode 0; var ad Size 1, 1 300, 200 300, 210 300,215 ; if mobile Mode ! undefined && mobile Mode ! null && mobile Mode var ad Size 1, 1 150, suggested Ad9suggested3 ad Size, breaking-news ; ; ; ; SCIENTIFIC PAPER ABSTRACTS - PULSED LIGHT RESEARCH Smartrac, 4E Antenna Enter Technology Partnership CPES2019 Announces First Group of Confirmed Speakers Qualcomm Wins Patent Infringement Case Against Apple in San Diego if typeof mobile Mode! undefined null mobile Mode mobile Mode 0; var ad Size 1, 1 300, 200 300, 210 300,215 ; if mobile Mode ! undefined && mobile Mode ! null && mobile Mode var ad Size 1, 1 150, suggested Ad13suggested4 ad Size, breaking-news ; ; ; ; New Opportunities in the Automotive Industry Solliance, ECN Combining Perovskite Thin Film, Crystalline Silicon Technology if typeof mobile Mode! undefined null mobile Mode mobile Mode 0; var ad Size 1, 1 300, 200 300, 210 300,215 ; if mobile Mode ! undefined && mobile Mode ! null && mobile Mode var ad Size 1, 1 150, suggested Ad15suggested2 ad Size, breaking-news ; ; ; ; This symposium is free for Next Flex members and government partners and will include lunch. (news.financializer.com). As reported in the news.

monday night: State media listed him as 91 using the Chinese method of counting age, according to CNN. He would have been 90 in the Western calendar. Li died of an unspecified illness in Beijing on Monday night, the state-run Xinhua news agency reported Tuesday. During the pro-democracy movement that swept China in the spring of 1989, Li was the face of hardline leaders who refused to negotiate with the protesters and sided with then-paramount leader Deng Xiaoping in ordering the military crackdown. Some of the 200,000 pro-democracy student protesters sit face to face with policemen outside the Great Hall of the People in Tiananmen Square on April 22, 1989. context Image Object name Some of the 200,000 pro-democracy student protesters sit face to face with policemen outside the Great Hall of the People in Tiananmen Square on April 22, 1989. description Some of the 200,000 pro-democracy student protesters sit face to face with policemen outside the Great Hall of the People in Tiananmen Square on April 22, 1989. url Despite his controversial image, Li remained unchallenged as China's number two leader through the 1990s and into the early 2000s, second only to then-President Jiang Zemin, as the ruling Communist Party tried to present a united front. It was Li who, as Premier, declared martial law in Beijing on national television on May 20, 1989, paving the way for the Tiananmen Square massacre two weeks later, in which hundreds of people were killed. (news.financializer.com). As reported in the news.

health issues: Joseph Sarlak, 70, claims he been wrongfully imprisoned since July 2016 at the behest of his former Qatari business partner, a sheikh from the ruling Al Thani clan, according to Nine News Australia. Mr Sarlak's brother, Amir, said his sibling has heart problems and other health issues and begged Prime Minister Scott Morrison to intervene to help free him. To improve your experience update it grandfather 'trapped by Sheikh' in Qatari prison By Mark Saunokonoko11 48am Jul 24, 2019Facebook Tweet Mail The family of a sick Australian grandfather fear he will die in a Qatari jail where he has been held for three years after a bitter falling out with a member of the emirate's royal family. Joseph Sarlak, second from left, pictured with family members. Supplied Joseph is not a criminal but simple businessman who has been trapped by a sheikh, Amir Sarlak said. Joseph's family are pleading with the Australian government to intervene and help secure his freedom from a Qatar jail. (news.financializer.com). As reported in the news.

milan: There is no evidence a deal was finalised, but the allegations, which emerged in February, led prosecutors in Milan to open an investigation and raised questions about the relationship between the League and the Kremlin, according to The Guardian. Conte said We do not know the data or the possible consequences of the Milan probe. In Salvini's absence, the allegations were addressed by the prime minister, Giuseppe Conte, who said no evidence had emerged to diminish the trust he had in all members of the government . Reports earlier this month claimed one of Salvini's aides had endeavoured to strike an oil deal in a Moscow hotel that would have diverted Russian funds to the League to bolster its campaigning before the European elections in May. Salvini did not attend parliament but, in a Facebook Live video on Wednesday, he reiterated his party didn't ask for or take money from anyone . He added The rest is fantasy. Many senators from the League's coalition partner, the populist Five Star Movement M5S were also absent from parliament in protest at Conte agreeing to unblock work on a high-speed rail project linking Italy and France. Let everyone else talk, I'm here to work and deal with real problems Security, immigration, the mafia not spying. (news.financializer.com). As reported in the news.

page report: Mueller testified before the House judiciary and intelligence committees on July 24, according to MSNBC. A redacted version of the special counsel's 448-page report had been released three months earlier, on April 18. Fact Check Posts Fact Checking the Mueller Hearings By Lori Robertson, D'Angelo Gore and Jessica McDonald Posted on July 24, 2019While former special counsel Robert S. Mueller reiterated in congressional testimony what he said in his voluminous report on the investigation into Russian interference in the 2016 presidential campaign, politicians reiterated some claims about the inquiry and its findings. It concluded that t he Russian government interfered in the 2016 presidential election in sweeping and systematic fashion, detailing the hacking and social media operations involved, as we've explained before. It did not establish that the Campaign coordinated or conspired with the Russian government in its election-interference activities. The report said the investigation established multiple links between Trump Campaign officials and individuals tied to the Russian government. (news.financializer.com). As reported in the news.

post-brexit britain: This balancing act will be tested soon after he moves into No 10, according to The Guardian. How will he ensure the UK, which has the third largest aid budget in the world, retains its reputation as a development superpower in the words of former international development secretary Penny Mordaunt, with the competing trade, diplomacy and defence requirements of post-Brexit Britain The UK's 38bn defence budget is just 2.5 times greater than the 14bn aid budget. The Tory party has the best instincts to balance these desires, he said. After leaving his job as foreign secretary, Johnson spelled out his thinking over foreign aid, telling the Financial Times that if Global Britain is going to achieve its full and massive potential then we must bring back the Department for International Development DfID to the Foreign Office. Writing the foreword of a report by Bob Seely, Tory member of the foreign affairs select committee, and James Rogers, a strategist at the Henry Jackson Society thinktank, he suggested aid should do more to serve the political and commercial interests of Britain. We can't keep spending huge sums of British taxpayers' money as though we were some independent Scandinavian NGO. In February, he went further. (news.financializer.com). As reported in the news.

all-party consensus: An all-party consensus exists where Nepal should reap the benefits of the BRI to meet domestic development and prosperity requirements, according to Global Times China. All concerned parties have expressed unwavering commitment. Not long after the inception of the initiative, the Nepali government made a full commitment to join. However, progress has been slow when it comes to selecting and executing BRI projects. Another reason is the lack of government willpower to make decisions regarding the BRI. Nepal signed a Memorandum of Understanding pertaining to the BRI in May 2017, and though it has been more than two years since the signing of document, there has not been enough progress in selection of projects. International pressure is the main reason for the delays. (news.financializer.com). As reported in the news.

asset manager: Thank you for your patience in this regard, according to The Independent. David McKay editor & team Left Column Fin24 team Matjila says Gupta-owned New Age ate Independent Media's advertising lunch2019-07-23 10 07 Fin24 team The former CEO of the state-run asset manager says Independent Media was aiming to attract more government advertising after it was bought by Iqbal Surv 's Sekunjalo. We sincerely apologise for any inconvenience caused and hope to be up and running again this evening. LIVE NEWS FEED Jump to bottom Last Updated at 11 2723 Jul 16 36 Copy Share Icon Marcus now aks why the PIC only supported Independent Media, given what Matjila has said about the need to support democracy. With that the inquiry adjourns for the day. 23 Jul 16 31 Copy Share Icon Matjila states that many print media groups apart from the Gupta-owned New Age took a hit due to government advertising drying up. He says the PIC also has investments in Naspers and Tiso Blackstar. (news.financializer.com). As reported in the news.

electronics: Registration is open for visitors and exhibitors, according to The Independent. Co-located with productronica, SEMICON Europa will highlight challenges and opportunities in smart segments such as automotive, medtech, manufacturing and fab management, including MEMS and sensors. Related CONTENTUAntwerp, imec Add New Supercomputer2019FLEX Examines New Opportunities for Flexible Hybrid Electronics2019FLEX Examines New Opportunities for Flexible Hybrid Electronics2019FLEX Examines New Opportunities for Flexible Hybrid Electronics2019FLEX Showcases Growth of Sensors, Wearables ; 07.23.19SEMICON Europa, Europe's largest event connecting the electronics design and manufacturing supply chain, from innovation to application, will spotlight smart technologies Nov. 12-15, 2019 at Messe M nchen, in Munich, Germany. Europe's research and development hubs, chipmakers, and materials and equipment companies are strategically positioned in the global electronics value chain to shape the development and growth of smart applications. To strengthen Europe s strategic leadership and inspire the development of new products and technologies, SEMI this year formed partnerships with imec, CEA-Leti and Fraunhofer, three of the world's top technology research and innovation centers. Collaboration and investments in key Smart application segments including medtech and automotive where Europe plays a central role are crucial to continuing innovation by the European semiconductor industry, said Laith Altimime, president of SEMI Europe. (news.financializer.com). As reported in the news.

cents year: According to Estimize, which crowdsources projections from hedge funds, academics, and others, the average estimate is for an 8-cent loss, according to Market Watch. Revenue The Fact Set consensus calls for 360 million in revenue, while the Estimize consensus models 363 million. What to expect Earnings Analysts surveyed by Fact Set project that Snap SNAP, 18.75% lost 22 cents a share on an adjusted basis, compared with a loss of 14 cents a year earlier. A year prior, Snap posted revenue of 262 million. The stock tends to make big swings, moving by a double-digit percentage the day after seven of the nine reports. Stock movement Snap shares have only posted gains following two of the company's nine earnings reports since it went public. (news.financializer.com). As reported in the news.

u.s: The euro was at 1.1192-1193, down from 1.1219-1219, and at 121.00-00, compared with 121.01-02. ; A rise in U.S. long-term interest rates also supported the dollar's rise, traders said, according to The Japan Times. Traders said the dollar was also driven higher by U.S. President Donald Trump's agreement to make timely decisions on requests by U.S. firms to sell their products to Chinese telecommunications giant Huawei Technologies Co. At 5 p.m., the dollar stood at 108.10-10, up from 107.85-86 at the same time on Monday. News of Trump's agreement to ease the ban on sales to Huawei provided an incentive to buy the dollar by raising hopes for progress in U.S.-China trade talks, an asset management firm official said. The European Central Bank is scheduled to discuss monetary policy on Thursday, while policy meetings of the Bank of Japan and the U.S. Federal Reserve are set for next week. Risk appetite grew on expectations for monetary easing measures in Europe, Japan and the United States, an official of a Japanese securities firm said. (news.financializer.com). As reported in the news.

gw pharma: The FDA has asked for a response from the company within 15 working days, saying how it plans to address the violations, according to Market Watch. Failure to correct the violations promptly may result in legal action, including product seizure and injunction, said the letter. Curaleaf CURLF, 0.00% is illegally selling unapproved products containing cannabidiol CBD online with unsubstantiated claims that the products treat cancer, Alzheimer's disease, opioid withdrawal, pain and pet anxiety, among other conditions or diseases, the FDA wrote. The move is the first against a multi-state operator and is expected to shake the entire sector. But the FDA views CBD as a drug, because it's the main ingredient in the only cannabis-based drug it has approved GW Pharma's Epidiolex, a treatment for severe childhood epilepsy. CBD, a non-intoxicating ingredient in cannabis, is widely held to have wellness benefits and many companies are waiting for the FDA to create rules before launching product lines. (news.financializer.com). As reported in the news.

manufacturing: Xin said that some exodus of manufacturing to destinations including Vietnam is natural, but China remains the market darling for global investment, according to Global Times China. Xin said that China has maintained its global top 3 ranking in attracting foreign direct investment FDI since 2008 and has been the No.1 destination among all developing countries for 25 consecutive years. Photo Xinhua The scale of manufacturing relocation outside of China is limited and its impact is under control, Vice Minister of Industry and Information Technology Xin Guobin told a press conference on Tuesday, the third official statement on the matter in less than two weeks. In 2018, when global FDI dropped 40 percent year-on-year, FDI into the Chinese manufacturing sector still grew by 23 percent from 2017, said Xin. Xin provided a breakdown of findings from a survey by the ministry. In the advanced manufacturing sector, the growth rate was 13.4 percent during the first half of 2019. (news.financializer.com). As reported in the news.

materials: The investment more than doubles the commercial production capacity for Nanosys proprietary Quantum Dot materials, according to The Independent. Nanosys is a leading supplier of Quantum Dot materials and technology. Technicians operate a two-story reactor with more than 1,300 liters of capacity at Nanosys' expanded Quantum Dot manufacturing facility in Silicon Valley, CA. Source Nanosys Related CONTENTNanosys CEO Jason Hartlove to Present Opening Keynote at Quantum Dots Forum 2019Quantum Materials Receives Initial License Fee Japan's National Institute for Materials Science Researchers Review Quantum Dot Imaging Advances Graphene and Related Materials Inks Improve Solar Cells Nanosys Demonstrating Quantum Dot Innovations at Display Week 2019 ; 07.23.19Nanosys announced the completion of a multi-million-dollar investment in the company's Silicon Valley manufacturing facility. Quantum Dots are a key component of the Ultra High Definition UHD display revolution, enabling a new generation of displays to deliver vivid color, lifelike brightness and incredible power efficiency at a fraction of the cost of competing light emitting technologies. The additional production capacity will help meet the growing demand for next-generation Heavy Metal Free Quantum Dot displays for televisions, monitors and tablets. The expansion increases the production capabilities at Nanosys' 60,000 square foot Milpitas, CA plant to more than 50 tons per year of Quantum Dot materials. (news.financializer.com). As reported in the news.

offering guarantees: INCJ Ltd., a government-linked investment fund and the largest shareholder of Japan Display, will continue offering guarantees for the loans, the sources said, according to The Japan Times. The contract for loans of up to 107 billion was concluded in August 2017, and a one-year extension until next month was agreed to in August last year. Mizuho Bank Ltd., Sumitomo Mitsui Banking Corp. and Sumitomo Mitsui Trust Bank Ltd. will extend their commitment line contract with Japan Display, currently set to expire Aug. 7, until the end of December to help the company's funding, informed sources said. ; Unless the contract is extended, Japan Display would have to repay its loans to the banks by that date. Twitter Facebook Linked In LATEST BUSINESS STORIESJapan and South Korea clash at WTO over trade row South Korea tried to bring international pressure to bear on Japan by airing its complaint regarding Tokyo's tightened export controls at the World Trade Organization WTO on Wednesday, but the... Nissan to slash 10% of global workforce after worse-than-expected 99% profit plunge Nissan Motor Co. doubled its planned job losses and unveiled new production cuts after reporting a 99 percent plunge in first-fiscal quarter operating profit, hurt by an aging product lineup and... Dollar almost unchanged at around 108.05 in Tokyo The dollar was almost flat around 108.05 in late Tokyo trading Thursday in the absence of major market-moving factors. At 5 p.m., the dollar stood at 108.05-05, against 108.03-04 at the same ... /4973089/JT-teads googletag.cmd.push function googletag.display ; ; (news.financializer.com). As reported in the news.

percent: Most stocks edged down to a mild extent of less than 10 percent, according to Global Times China. Anji Technology, dubbed by some investors as the STAR stock king led the rally on Monday with its shares rising more than four-fold at 196 yuan 28.5 per share. As of 11 30 am, the end of the morning session, 21 of the existing 25 STAR stocks edged down, with shares of Anji Technology Co slipping furthest to 20.21 percent. On Tuesday morning, four shares rose on the STAR board. Experts shared the opinion to the Global Times that fluctuation will settle down on the STAR market after heated first-day trading. Shares of Espressif Systems surged by 15.06 percent, the strongest rise of all STAR shares. (news.financializer.com). As reported in the news.

production exports: Special attention should be paid to uncertainties over overseas economic policies and situations, including the slowing Chinese economy, the impact of U.S.-China trade issues and Britain's planned exit from the European Union, it said, according to The Japan Times. In an economic assessment earlier this year, the government said that the world's third-largest economy was likely in the midst of its longest expansion phase since the end of World War II, on the back of improving labor and wage conditions. China's slowdown has already impacted Japanese domestic production and exports to the world's second-largest economy, according to the white paper on the economy and finances for fiscal 2019. ; China, hit by contracting demand for smartphone parts, remains in a trade dispute with the United States and the spat between the world's two biggest economies is threatening to curb global growth, the annual paper said. But the white paper made no reference to that view. In April, the government went some way to dealing with the labor issue by introducing new visa statuses to allow companies to hire more foreign workers. The paper recommended that Japan should improve productivity to raise wages and address its serious labor shortage, steps that should both help boost consumer spending. (news.financializer.com). As reported in the news.