An international team of scientists have provided an unprecedented tally of elemental sulfur spread between the stars using data from the Japan-led XRISM (X-ray Imaging and Spectroscopy Mission) spacecraft. Astronomers used X-rays from two binary star systems to detect sulfur in the interstellar medium, the gas and dust found inContinue Reading
In 2024, the Ministry of Economy, Trade and Industry (METI) launched the Generative AI Accelerator Challenge (GENIAC)—a Japanese national program to boost generative AI by providing companies with funding, mentorship, and massive compute resources for foundation model (FM) development. AWS was selected as the cloud provider for GENIAC’s second cycleContinue Reading
Nikada The Asia-Pacific equity market mostly rose, as a rally on Wall Street overnight buoyed sentiment, as shares of US big tech soared amid greater confidence on Fed rate cuts this year. Investors await US CPI data due later today. Japan (NKY:IND) +0.94%. The Nikkei 225 Index jumped to closeContinue Reading
U.Today – Metaplanet Inc, the Japanese firm now recognized as MicroStrategy’s imitator has added fresh (BTC) to top up its bag. This is the second time the publicly traded company will be buying Bitcoin this month. Metaplanet’s Bitcoin stash tops 203 units Metaplanet is one of the first Bitcoin adoptersContinue Reading
mirsad sarajlic/iStock via Getty Images The S&P 500 (SP500)(SPY)(VOO) is not the world’s only equity index that’s top-heavy and soaring to new heights. Apollo Global Management noted Wednesday that Japan’s Topix index, which tracks +2100 corporate issues, is being dominated by the biggest 30 stocks. The biggest stocks – whichContinue Reading
manassanant pamai The au Jibun Bank Japan Manufacturing PMI was revised lower to 50.0 in June 2024 from a preliminary reading of 50.1 and after a final 50.4 in May, marking the 2nd straight month of expansion in the manufacturing sector supported by sustained job creation, the clearing of backlogs,Continue Reading
manassanant pamai Industrial production in Japan grew by 2.8% month-over-month in May 2024, beating market forecasts of 2.0% while shifting from a 0.9% fall in the prior month, flash data showed. Yearly, industrial output rose by 0.3% in May, pointing to the first expansion in seven months. In a separateContinue Reading
chachamal Asia-Pacific equity markets were mostly in red on Thursday as market participants reassessed the outlook for Bank of Japan monetary policy in light of a sharp yen depreciation, which sank to a 38-year low. Japan (NKY:IND) -0.85%. Japan’s May retail sales rose more than expected; yen sinks to 38-yearContinue Reading
manassanant pamai Retail sales in Japan increased by 3% Y/Y in May 2024, accelerating from an upwardly revised 2.4% gain in April and far exceeding market expectations for a 2% growth. The latest figure also marked the 26th consecutive month of expansion in retail turnover, as rising wages continued toContinue Reading
