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Japan's digital eyes show your emotions for you TOKYO: Can't be bothered to show anyone what you're thinking? Then a Japanese scientist has the answer -- a pair of digital eyes that can express delight and anger, or even feign boredom.Building on a long line of slightly wacky and not-very-practical inventions for which Japan is famous, Hirotaka Osawa has unveiled the "AgencyGlass"."I wanted to build a system that is capable of carrying out social behaviours for humans," he told AFP.Just as robots can reduce the need for physical labour, the AgencyGlass -- which looks like two small TV screens set in spectacle frames -- aims to cut down its user's emotional demands by carrying out their eye movements for them.The two organic light-emitting diode (OLED) screens, which are connected to motion sensors and an external camera, show a pair of eyeballs that can appear to be making eye contact while the wearer is looking somewhere else entirely.The wearer ...

India Reliance Industries' telecoms unit in tower lease pact with ATC NEW DELHI: Indian conglomerate Reliance Industries' telecommunications unit, which holds nationwide 4G permits, has agreed to lease mobile phone masts from infrastructure provider American Tower Corporation's (ATC) local arm, the companies said in a statement on Monday.Reliance Jio Infocomm's agreement with ATC India Tower Corporation comes after its tower-leasing pacts with local firms Reliance Communications, Bharti Infratel and Viom Networks.Reliance Jio also has an agreement with Bharti Infratel's parent Bharti Airtel to share network.Reliance Jio ...
Mercedes, BMW chase ultra rich clients with new high end cars BEIJING: Premium auto maker BMW unveiled a luxury concept sedan in Beijing on Sunday, to gauge customer appetite for a car that would cost more than German manufacturer's current flagship 7 series limousine.The 5 meter long vehicle, officially called the "Vision Future Luxury" but also referred to as the 9-series, is aimed at a growing class of ultra wealthy clients which are coveted by rival brands such as Bentley.Ian Robertson, BMW Group's board member responsible ...
GM to battle VW in China with $12bn investment and new plants BEIJING: US car giant General Motors Corp (GM) plans to invest $12 billion in China from 2014 to 2017 and build more plants next year as it competes with aggressive rivals in the world's largest auto market.GM expects its China sales to expand 8-10 percent this year, in line with the overall growth of the Chinese market, where foreign firms, such as Volkswagen AG, and domestic players like SAIC Motor Corp vie for more market ...
VW aims for double-digit growth in China BEIJING: German carmaker Volkswagen is targeting double digit sales growth in China this year and will launch two new hybrid cars in the world's leading auto market, the group's chief said on Saturday."For 2014 we have once again set our sights on double-digit growth in China and are aiming to deliver more than 3.5 million vehicles to customers for the first time in a calendar year," Martin Winterkorn, said in a statement released in Beijing. ...
Airbnb rental site raises $450mn NEW YORK: Online lodging listings website Airbnb inked a $450 million funding deal with investors led by TPG, a source close to the matter said Friday.The agreement, which also included Dragoneer Investment Group, mutual fund T. Rowe Price Group and Sequoia Capital among its investors, valued the startup at $10 billion, according to The Wall Street Journal.That figure would make the website, that lets individuals rent out their homes to travelers, one of the most ...
Fiat-Chrysler to produce iconic Jeep in China from 2015 SHANGHAI: Automaker Fiat-Chrysler said on Saturday that it would begin producing the iconic American brand Jeep in China from 2015 to meet demand in the world's largest car market.Fiat-Chrysler -- created by Italy's Fiat acquiring Chrysler of the United States -- will produce three Jeep sport utility vehicle (SUV) models in China, including one specifically designed for the Chinese market, the company said in a statement.The announcement came ahead of the Beijing auto show, which ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln