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October, 25, 2016

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Dollar up on rate hike talk, but Asia markets edgy
The U.S. dollar pushed higher in Asia on Monday as investors increased their bets on a U.S. interest rate hike by the end of the year, but stock traders were more reticent ahead of the corporate earnings season.
Robots at center of China's strategy to leapfrog rivals
The Canbot can say its name, respond to voice commands, and "dance" as it plays Michael Jackson's "Billie Jean." Other robots China is displaying at the World Robot Conference can play badminton, sand cell phone cases and sort computer chips.
 > China
The German government on Monday said it had withdrawn approval for a Chinese firm to acquire Aixtron, a supplier to the semiconductor industry, amid growing unease over Chinese investment in German companies.
An AT&T-Time Warner mega-deal could create a new kind of media-tech firm in an age where consumers get content Netflix-style, when they want it on any device.
Japan's trade balance swung to a surplus in September, as exports fell less than expected.
 > Japan
Eurozone business activity picked up strongly in October to a 10-month high, recovering from a dip in September, as economic powerhouse Germany led the way, a closely watched survey showed Monday.
The head of Wallonia's parliament said Monday it would not respect an EU ultimatum to back a massive trade deal with Canada blocked by the Belgian region.
A Chinese conglomerate has agreed to buy New York-listed U.S. insurance firm Genworth Financials for US$2.7 billion, the latest in a Chinese buying spree of foreign assets.
Shares in troubled South Korean shipping giant Hanjin plunged 12 percent Monday after the company announced plans to shutter its European business, fueling fears it could be heading towards liquidation.
 > Korea
Hundreds of South Korean Galaxy Note 7 smartphone owners were preparing Monday to file a lawsuit against Samsung Electronics over the fire-prone device.
 > Korea
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