According to The Australian Financial Review, Sydney house prices resumed rising at a faster clip in August, increasing 1.1 per cent over the month, and defying any expectations of a double-dip downturn in values, data from CoreLogic shows.
Home values also re-accelerated in Melbourne, Brisbane and Canberra, but slowed in Perth and Hobart. Sydney has led the recovery, with home values climbing 8.8 per cent since bottoming out in January this year, inching closer to a 10 per cent gain over 2023 as predicted by Westpac. https://www.afr.com/property/residential/sydney-house-price-rise-to-hit-10-pc-this-year-as-recovery-firms-up-20230831-p5e0vs
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According to The Asahi Shimbun, to address a growing labor shortage, major convenience store chain Lawson Inc. is introducing a technology that enables remote workers to serve customers using animated avatars.
Sitting in front of computer screens at their homes or offices, workers act as Lawson Avatar Operators (LAOs) to serve customers. LAOs talk to webcams and their voices and gestures will be reflected on animated characters on screens at Lawson outlets. https://www.asahi.com/ajw/articles/14981680
According to The Jiji News, Three-dimensional printed homes are attracting attention in Japan as they can be purchased for the price of a car and be built in days.
Serendix Inc., a startup based in Nishinomiya in the western prefecture of Hyogo, will sell a 3D-printed house for a two-member household for 5.5 million yen. With a floor space of about 50 square meters, the house can be completed in only about two days. https://sp.m.jiji.com/english/show/28123
According to The Jiji News, Sekisui House Ltd. said Monday it will launch a program in September to help industry peers build wooden houses with its advanced antiquake technologies.
The company is kicking off the first core tech-offering program in the industry to promote earthquake-resistant wooden houses in Japan, as the quake-prone country will mark on Friday the centennial of the Great Kanto Earthquake that devastated the Tokyo metropolitan area, it said. https://sp.m.jiji.com/english/show/28125
According to The Australian Financial Review, Fortescue Metals executive chairman Andrew Forrest says he will accept the first generation of clean energy projects having lower rates of return than alternative growth options in the iron ore division, as mining boss Fiona Hick added to the extraordinary turnover of executives at the company.
Fortescue has pledged to take a final investment decision on five clean energy projects before the end of December, and the company axed a 30-month-old policy that sought to limit spending within the clean energy division to 10 per cent of earnings generated by the iron ore division. The axing of the policy came as spending on clean energy is expected to exceed 10 per cent of iron ore earnings this year. https://www.afr.com/companies/mining/forrest-flags-lower-returns-for-green-projects-as-mining-boss-exits-20230828-p5e03v
According to The Nikkei Asia, Japanese chemical company Asahi Kasei aims to commercialize a new way to make a plastic ingredient from carbon dioxide and water using electricity, Nikkei has learned, offering a potential game changer for decarbonization in the plastics industry.
The technology can be used to produce ethylene, a material for plastics used in automobiles and home appliances that is typically derived from petroleum. Through Asahi Kasei's process, gaseous carbon dioxide and a water-based electrolytic solution are fed into a device and separated by a membrane. Electricity is passed through them with electrodes, causing a chemical reaction that produces ethylene. Asahi Kasei has applied know-how cultivated in hydrogen production and electrolysis technology to the development of the separation membrane. The company also has experience in the catalyst technology that promotes the chemical reactions. https://asia.nikkei.com/Business/Companies/Plastic-without-oil-Japan-tech-to-use-CO2-and-water-for-precursor |
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