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Market News

Market News

A breakdown of where the jobs are coming back and where they may never fully return

A breakdown of where the jobs are coming back and where they may never fully return

HCCR - Human Capital Consulting Recruiting

Customers sit at tables separated by dividers outside Boucherie restaurant in the West Village as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 26, 2020. Noam Galai | Getty Images The U.S. economy added back millions of jobs in June thanks to rehiring in…

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Japan’s middle class is ‘disappearing’ as poverty rises, warns economist

Japan’s middle class is ‘disappearing’ as poverty rises, warns economist

HCCR - Human Capital Consulting Recruiting

A man wearing a facemask walks past a taxi along a street in Shinjuku district of Tokyo on June 24, 2020. PHILIP FONG | AFP via Getty Images As poverty rises in Japan, the country’s middle class is slowly eroding away, according to a recent report by Oxford Economics’ Shigeto Nagai. “After the bubble burst…

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Japan seeks stoppage of 100 inefficient coal plants in a decade

Japan seeks stoppage of 100 inefficient coal plants in a decade

HCCR - Human Capital Consulting Recruiting

Japan will urge the closure or suspension of about 100 low-efficiency coal-fired power plants by fiscal year 2030. © Kyodo TOKYO — The Japanese government will urge the closure or suspension of about 100 low-efficiency coal-fired power plants in the country by fiscal year 2030 in the face of international pressure for a transition to…

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A Tesla Model 3 Tear-Down After a Hardware Retrofit

A Tesla Model 3 Tear-Down After a Hardware Retrofit

HCCR - Human Capital Consulting Recruiting

Tesla Model 3 is a three-year old model. And yet, with software updates and a hardware swap (from HW 2.5 to HW3.0), Tesla is promising to keep Tesla 3 relevant and get it ready for full self-driving future. At least, that’s their promise. A mildly cultish cadre of tech-savvy consumers in Silicon Valley are hooked…

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Japan up nearly 2% as Asia stocks rise ahead of China manufacturing activity data release

Japan up nearly 2% as Asia stocks rise ahead of China manufacturing activity data release

HCCR - Human Capital Consulting Recruiting

Stocks in Asia Pacific rose in Tuesday morning trade as investors await the release of China’s official manufacturing Purchasing Manager’s Index. The Nikkei 225 in Japan rose 1.75% in early trade, following its more than 2% slide on Monday. The Topix index also added 1.5%. In South Korea, the Kospi gained 1.39%. Meanwhile, the S&P/ASX…

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Amazon will have to invest many billions more than it’s spending on Zoox to bring self-driving tech to market

Amazon will have to invest many billions more than it’s spending on Zoox to bring self-driving tech to market

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Blue Origin and Amazon founder Jeff Bezos. Mandel Ngan | AFP | Getty Images Amazon is shelling out more than $1 billion on self-driving car company Zoox, one of its most expensive acquisitions ever. But CEO Jeff Bezos is going to have to invest many multiples of that to bring the nascent technology to market.…

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Gov’t to aid companies to develop next generation of 5G

Gov’t to aid companies to develop next generation of 5G

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  The Japanese government will provide financial support for domestic companies in developing the next generation of 5G wireless networks to enhance the country’s global competitiveness, sources close to the matter said Monday. The government aid, expected to be worth around 70 billion yen, will go to firms including electronics makers and telecommunications companies, the…

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Japanese startup creates ‘connected’ face mask for coronavirus new normal

Japanese startup creates ‘connected’ face mask for coronavirus new normal

HCCR - Human Capital Consulting Recruiting

Japanese startup Donut Robotics’ CEO Taisuke Ono wears a c-mask as he demonstrates the connected face masks messaging function with his chief engineer, Takafumi Okabe, during a demonstration in Tokyo on Tuesday. | REUTERS As face coverings become the norm amid the coronavirus pandemic, Japanese startup Donut Robotics has developed an internet-connected “smart mask” that…

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Nissan execs face off with angry shareholders over red ink and Carlos Ghosn scandal

Nissan execs face off with angry shareholders over red ink and Carlos Ghosn scandal

HCCR - Human Capital Consulting Recruiting

Shareholders head to Nissan Motor Co.’s shareholders’ meeting at its headquarters in Yokohama on Monday. | KYODO Nissan Chief Executive Makoto Uchida told shareholders Monday he is giving up half his pay after the automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results…

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Many major firms continue to push teleworking

HCCR - Human Capital Consulting Recruiting

A station passageway is crowded with commuters during rush hour in Tokyo on Tuesday. Photo: AP/Eugene Hoshiko Major companies such as Hitachi Ltd and NEC Corp said Tuesday they will continue to push work-from-home arrangements even though the state of emergency over the new coronavirus pandemic was called off the previous day. Hitachi said around…

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