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Aug 22, 2016

Nomura hunting investment bankers in U.S. after streamlining push

Nomura Holdings Inc. plans to hire bankers in the United States, resuming a push to boost investment banking in a market that remains a priority for Japan’s biggest brokerage following a round of cost cuts. The Tokyo-based firm anticipates rising volumes of mergers and ...

Deep South flooding puts a damper on U.S. rice crop

Aug 22, 2016

Deep South flooding puts a damper on U.S. rice crop

Heavy rain that brought record flooding to Louisiana recently has put a damper on the nation’s harvest of rice, a food staple that usually likes water as it grows but can’t be gathered by machine if fields are inundated. While rice is an aquatic ...

India names new Bank of India governor

Aug 21, 2016

India names new Bank of India governor

The Indian government on Saturday named insider Urjit Patel as the new governor of the Reserve Bank of India, to replace popular central banker Raghuram Rajan when his term ends in September. “Dr. Urjit R Patel new Governor of RBI,” Frank Noronha, principal spokesperson ...

Taiwan's tea entrepreneurs brew up new twists on tradition

Aug 21, 2016

Taiwan's tea entrepreneurs brew up new twists on tradition

Cheap instant “bubble tea” has become one of Taiwan’s best-known culinary exports. Now a new wave of entrepreneurs hopes a high-end modern take on traditional brews will also be sipped worldwide. Taiwan has been producing tea for more than 200 years, and a cup ...

Fukuoka inn taps 'Internet of Things' fad for smartphone crowd

Aug 21, 2016

Fukuoka inn taps 'Internet of Things' fad for smartphone crowd

A small hotel in the city of Fukuoka is adopting “Internet of Things” technology so some of its guests can adjust their room conditions via smartphone. And Hostel opened Friday as Japan’s first inn to fully use IoT technology, the operator said. Sony Corp., ...

Japan firms developing 3-D maps for autonomous driving

Aug 19, 2016

Japan firms developing 3-D maps for autonomous driving

Japanese companies have jointly started work to develop high-precision three-dimensional maps that will support autonomous driving technologies. Enhancing the safety of autonomous driving requires more detailed information than the capability of exiting car navigation systems, such as the numbers of traffic lanes and their ...