The US congress is in session to finalize a new budget deal before the current US House Speaker, John Boehner steps down for retirement starting this Friday, October 30th.
Sectors
Volkswagen says sorry in Japan auto show
Volkswagen AG, Europe's largest automaker, is maintaining an investment plan to build a new seven-seater sports utility vehicle. It is starting next year at its only manufacturing plant in Tennessee, although beset by issues of cost cuts in the wake of the company's diesel-emission manipulation scandal.
Honda FCV: A powerful hydrogen-powered sedan to launch in broader market
Honda unveiled its third generation fuel cell vehicle, known as FCV, at the Tokyo Motor Show 2015 this week. The five-passenger sedan is the first hydrogen-powered model that Honda has offered to the public.
Retailers: It's a false figure for Japanese consumer spending after price hike
It seems like Japanese retailers are saying not to believe in official statistics on consumer spending as stores cut earnings forecasts and expects a lackluster consumer spending, which is an important factor in the growth of Japan during a time of declining exports and factory output.
Deploying A$16 million of shark-detecting technology in South Wales, Australia will keep predators at bay
It seems like technology came too late for Martin Brody from the movie Jaws. The government of New South Wales, Australia spent big on advanced technology that can detect sharks to keep beachgoers safe this summer.
Latest News
Facebook announced a radical revamp on its iOS and Android mobile apps, especially on its notification feature. The new feature designed to provide users with useful notifications cards based on their location.
Qualcomm has created a new kind of chip, Snapdragon processor built into internet-connected security cameras. The company announced the chip along with a reference design for new home monitoring cameras, with the Qualcomm's chip at the core.
Ride sharing app Lyft has conquered Las Vegas as the car service is now available at the McCarran Airport. Hail as the first ride sharing car service to establish at the said new location, Lyft has snatched the first-based spot from their competitor, Uber.
Brazil analysts expect faster inflation and lesser cuts in the base interest rate for 2016, as political crisis hinders the moves to strengthen fiscal accounts and avoid another sovereign downgrade to junk.
Microsoft, a software giant has started to see their new strategy focus is paying off, as they announced their latest quarterly result, last Thursday. Strategy shifting on cloud computing and mobile business has started to deliver a positive result.
Google's two new Nexus devices are now available for pre-order in Australia Monday from the Google store, and will be widely available on November.
Apple has enjoyed a series of advantages of their innovative mobile payment and digital wallet service with ApplePay. However, Apple and other technology companies which dominated the mobile payment service, is now facing a serious competition from one big financial institution, JPMorgan Chase.
Forecasts about price swings in Yen against the euro are becoming stronger as investors bet that Bank of Japan (BoJ) will also make dovish rhetoric to match European Central Bank (ECB).
Alibaba Group Holding Ltd will report on the opening bell of October 27 its second quarter earnings for the fiscal year 2016. Investors and analysts are closely watching its earnings to determine how China's economic slowdown affected the giant e-commerce performance for that quarter.
