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Yen Edges Up Against Most Majors

LONDON (dpa-AFX) - The Japanese yen strengthened against most major currencies in the Asian session on Friday. The yen rose to 122.53 against the U.S. dollar and 184.91 against the pound, from early lows of 122.73 and 185.32, respectively. Against the Swiss franc, the yen edged up to 119.67 from an early low of 119.86. This may be compared to nearly [...]

Apple Forays Into Virtual Animation With Faceshift Buy

CUPERTINO (dpa-AFX) - Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Zurich-based Faceshift's users can create realistic and emotional animated avatars that can precisely mimic a person's [...]

Mitsubishi Electric Opens Transportation-systems Plant In India

TOKYO (dpa-AFX) - Mitsubishi Electric Corp. (MIELY.PK) said its Indian subsidiary Mitsubishi Electric India Pvt. Ltd. Or MEI has opened a factory for transportation-systems business in Bidadi, near Bengaluru, India. The factory, which cost around US$ 8 million, is on a site measuring 4,605 square meters. It can produce traction inverters, motors and other [...]

AMGN In The Race For Humira Biosimilar, EXEL On Watch, IPXL Gets EC Nod

BASEL (dpa-AFX) - Amgen (AMGN) has submitted its Biologics License Application with the FDA for ABP 501, a biosimilar candidate to AbbVie's (ABBV) Humira. The filing represents Amgen's first BLA submission using the 351(k) biosimilar pathway. Humira, which is used to treat rheumatoid arthritis, plaque psoriasis, Crohn's disease, ulcerative colitis, psoriatic [...]

U.K. GfK Consumer Sentiment At 6-Month Low

LONDON (dpa-AFX) - U.K. consumer confidence weakened to a six-month low in November, survey conducted by GfK on behalf of the EU showed Friday. The consumer sentiment index fell to 1 from 2 points in October. A similar low reading was last seen in May. The reading was expected to remain stable in November. Three of the measures used to calculate the [...]

China Industrial Profits Fall In October

BEIJING (dpa-AFX) - Profits earned by Chinese industrial enterprises decreased for the fifth consecutive month in October, figures from the National Bureau of Statistics showed Thursday. Industrial profits fell notably by 4.6 percent year-over-year in October, much faster than the 0.1 percent slight decrease in September. During the first tent months [...]

Singapore Dollar Falls To 2-day Low Against U.S. Dollar

SINGAPUR (dpa-AFX) - The Singapore dollar weakened against the U.S. dollar in the Asian session on Friday. Against the greenback, the Singapore dollar fell to a 2-day low of 1.4097 from an early high of 1.4070. At yesterday's close, the Singapore dollar was trading at 1.4081 against the greenback. If the Singapore dollar extends its downtrend, it is [...]

Japan CPI Rises As Expected In October

TOKYO (dpa-AFX) - Japan's consumer prices increased as expected in October, the Ministry of Internal Affairs and Communications said on Friday. The overall consumer price index climbed 0.3 percent year-over-year in October, in line with expectations. Excluding fresh food, consumer prices dropped 0.1 percent annually in October, as expected by economists. [...]

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FRANKFURT (dpa-AFX)- Welcome to the newswire of dpa-AFX International ProFeed. You are able to reach the Editor-on-Duty via telephone at 0049-69-92022 425 All times referred to are provided in CEST or CET. Responsible for the news service under the Press laws of the Federal Republic of Germany: Martin Kalverkamp Editorial: The Editorial Desk [...]
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