Asian shares advance on earnings optimism
Asian shares advanced and U.S. long-dated bond yields edged up to a five-month high. This is on rising optimism about the global economy and corporate earnings. Japan’s Nikkei rose 0.8% while MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.3%. Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities said that earlier […]
Apple works with Chinese suppliers for latest iPhones
Japan’s Nikkei newspaper said that Apple Inc is working with more Chinese suppliers to produce its latest iPhones. This is as a tech feud stemming from a trade war with the United States prompts Beijing to strengthen domestic firms. The iPhone maker has warned of supply shortages as the U.S.-China trade tensions. The pandemic has […]
Nippon Life Insurance targets in low income Asians
Nippon life insurance of Japan is looking forward to boost its overseas business activities in the upcoming years. And as a result of it, its planning to target low income Asians with its micro insurance products. As per this new plan, 35000 policies are to be issued in the next five years along with its […]