Japan’s Unification Church given a bad ‘cult’ name

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In: Asia

On June 6, 2014, Japanese Prime Minister Shinzo Abe visited Pope Francis in the Vatican. Abe offered the pontiff a replica of a Japanese 17th-century “secret mirror.” It looks like a normal mirror but, when inclined to intercept a ray from the sun, it reveals an image of Jesus Christ. Christians in Japan had to […]Continue Reading

Markets have China’s new leadership all wrong

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This past Monday (October 24), the Hong Kong China 50 Index, which includes the top 50 Chinese companies listed in Hong Kong, Shanghai, and Shenzhen, dropped nearly 6% on heavy volume. Stocks with significant foreign holdings were hit particularly hard, with Alibaba, Tencent and Meituan each tumbling more than 10%. Overseas investors sold a record […]Continue Reading

Nokia makes decoupling point with India, China deals

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In: Asia, Business, Technology

Nokia has won important contracts in both India and China recently, demonstrating that “both-and” still works in the “either-or” world of decoupling from China. That may be a lesson for Sweden’s Ericcson, which has taken a different route. On October 17, Finland’s telecom infrastructure company announced that it had been selected by Reliance Jio Infocomm […]Continue Reading