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Author Archives: Shamim Akhter

Taiwan stocks weaker at end of day, Taiwan Weighted sheds 0.93%

TAIPEI: Taiwan stocks were lower after the close on Monday, as losses in the , Cement and Cement & Glass sectors led shares lower. At the close in Taiwan, the Taiwan Weighted fell 0.93%. The best performers of the session on the Taiwan Weighted were Hannstar Touch (TW:3049), which rose 10.00% or 0.66 points to trade at 7.26 at the ... Read More »

Tokyo stocks sink at open, Nikkei 225 falls 0.69pc

TOKYO: TOKYO: Tokyo stocks retreated on Monday as some major automakers and bank shares fell, with investors eyeing key US jobs figures and a European Central Bank policy meeting later in the week. Shortly before the open, official data showed Japan’s factory output expanded a weaker than expected 1.4 percent in October. However the figure suggested a possible return to ... Read More »

US dollar falls against yen, Euro in Asian trade

LONDON: The dollar was flat against the yen and the euro in rangebound Asia trade Monday, as many investors refrained from taking strong positions ahead of potentially market-moving events later this week. At around 0450 GMT, the greenback was at Y122.72, compared with Y122.86 late Friday in New York, amid a mixture of buying and selling by Japanese companies related ... Read More »

Japan stocks dip at noon, Topix declines 0.9%

TOKYO: Japanese stocks slipped, paring the Topix index’s second straight monthly gain, as insurers, shippers and energy explorers led declines. The Topix index fell 0.9 percent to 1,580.15 as of 12:37 p.m. in Tokyo, with about five shares declining for every three that rose. The measure is on course for a 1.4 percent advance in November following its biggest increase ... Read More »

South Korean stocks pull away by break, KOSPI drops 31.05pts

SEOUL: South Korean stocks traded sharply lower late Monday morning as investors were spooked by a plunge in the Chinese market late last week. The benchmark Korea Composite Stock Price Index dropped 31.05 points, or 1.53 percent, to 1,997.94 as of 11:20 a.m. Most blue chips traded lower, with tech and brokerage companies among marked decliners. Samsung Electronics fell nearly ... Read More »

Indian rupee depreciates 8 paise against USD

MUMBAI: The Indian rupee depreciated 8 paise to quote at fresh over two-year low of 66.84 against the US dollar in early trade today on month-end demand for the American currency from importers and banks. The dollar was firm against major global currencies which dampened rupee sentiment, dealers said. Besides, persistent foreign capital outflows affected the market sentiment, but a ... Read More »

Tokyo stocks fall in early trade, Nikkei 225 tumbles 121.38pts

TOKYO: Tokyo stocks fell in early trading Monday as investors locked in earlier gains after Japan’s industrial output marked a narrower gain in October than most market forecasts. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 121.38 points, or 0.61 percent, from Friday to 19,762.56. The broader Topix index of all First Section issues on ... Read More »

Australian stocks retreat at open, S&P 200 down 12.4pts

PERTH: The Australian sharemarket has slipped at the start of trade as resources stocks drag the bourse lower and a profit warning from Dick Smith sees investors pull out of retail stocks. At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index was down 12.4 points, or 0.24 per cent, at 5190.2, while the broader All Ordinaries index fell ... Read More »

Honor Z1 fitness band available in India at Rs. 5,499

NEW YORK: Honor on Friday announced that the Honor Z1 Band fitness band is now available to buy in India at a price tag of Rs. 5,499. The band was launched in India in October this year. The Honor Z1 Band features a 1.06-inch (128 x 128 pixels) Oled circular display and is powered by a Cortex M4 STM32F411 chip ... Read More »

Obi worldphone unveils SF1 smartphone in India

KOLKATA: Obi Worldphone has unveiled its SF1 smartphone in the Indian markets in partnership with the recently launched e-commerce platform of NDTV, Gadget 360. The handset will be available for sale at a starting price of Rs. 11,999 for the 2GB RAM variant, while the company has priced the 3GB RAM variant at Rs. 13,999. The exclusive sale will commence ... Read More »

Scientists develop humanoid robot that behave like human

ROME: In a world designed to accommodate the shape of the human body, anthropomorphic robots could have advantages over wheeled and animal-shaped robots that could help them integrate into society more easily. Scientists from the Istituto Italiano di Tecnologia (Italian Institute of Technology) and University of Pisa in Italy have developed a humanoid robot that can operate human tools and ... Read More »

Turkcell adds 2 new features to BiP, voice and video calls

  ANKARA:  Integrated telecoms and technology services provider Turkcell has added two new features to BiP – its IP-based communication application. BiP users will now be able to enjoy voice and video calls in addition to creative messaging services. This Smart News Release features multimedia. View the full release here: BiP, which is one of the most popular IP-based communication ... Read More »

China plans to build world’s 1st salt lake data centre 

BEIJING: China plans to build the world’s first salt lake data centre with an investment of USD 14 million at its northwest Qinghai Province to serve domestic resource planning and provide technical support to other countries. The centre in Xining, the provincial capital, will take eight years to complete with a total investment of 90 million yuan (USD 14 million), ... Read More »

Sony official Remote Play helps to stream games from PS4 to Mac or PC 

PARIS: Sony Computer Entertainment president Shuhei Yoshida on Friday said his company intends to release an official Remote Play title that will allow users to stream games from their PlayStation 4 to a Mac or PC. The Twitter announcement came as an apparent response to a streaming solution for Windows machines created by indie developer Twisted. Dubbed Remote Play by ... Read More »

New Windows 10 Mobile-based smartphone Every Phone launched

  LONDON: Yamada Denki, a Japanese company, has launched a new Windows 10 Mobile-based smartphone named Every Phone. The smartphone will be available to buy starting Saturday priced at JPY 39,800 (approximately Rs. 22,000) for the unlocked version. A locked version will be also available at JPY 1,791 (approximately Rs. 1,000) per month for two years. The Japanese company has ... Read More »

UK stocks weaker at end, United Kingdom 100 declines 0.33%

NEW YORK: U.K. stocks were lower after the close on Friday, as losses in the Mining, Chemicals and Automobiles & Parts sectors led shares lower. At the close in London, the United Kingdom 100 declined 0.33%. The best performers of the session on the United Kingdom 100 were Inmarsat PLC (L:ISA), which rose 2.30% or 25.00 points to ... Read More »

Australian stocks end lower, S&P 200 plunges 8.1pts

PERTH: Major resource companies BHP Billiton and Rio Tinto both slipped into the red after posting solid gains early in the session while law firm Slater & Gordon led the bourse lower throughout the day as its shares plunged in the wake of a UK government move to crack down on whiplash fraud. At the 4.15pm (AEDT) official market close, ... Read More »

South Korean stocks turn lower at end, KOSPI down 0.1pc

SEOUL: South Korean shares turned lower on Friday as foreign selling put paid to early gains, though the market managed to post a solid rise for the week. The Korea Composite Stock Price Index (KOSPI) ended down 0.1 per cent to 2,028.99 points. On a weekly basis, it rose 2.0 per cent, the sharpest weekly percentage gain in seven weeks. ... Read More »

ASUS celebrates 20th anniversary of Gold Edition GTX 980 Ti

LONDON: To celebrate their 20 years in the graphics card market, ASUS has just launched a new limited edition of their GTX 980Ti GPU. The Gold Edition GTX 980Ti not only looks amazing with its sleek black and gold paint job, it is also one of the fastest 980Ti GPUs in the market right now. The ASUS Gold Edition GTX ... Read More »

Obi launches Worldphone SF1, Obi Worldphone SJ1.5

PARIS: After a troubled past, Obi has re-branded itself to Obi Worldphone in August 2015, and revealed to the world two refreshingly new smartphone designs in the form of the Obi Worldphone SF1 and the Obi Worldphone SJ1.5. ‘SF’ stands for San Francisco and this brings to mind a number of other companies and brands including Apple that have emerged ... Read More »