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New Japanese flying car gets off the ground, for about a minute

Bloomberg It was caged and only hovered for about a minute, but it flew: a new flying car. Made by NEC Corp., the vehicle is essentially a large drone with four propellers that’s capable of carrying people. The Japanese electronics maker demonstrated the machine, flying without a passenger, at a Tokyo suburb on Monday. Powered by a battery, it rose ...

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India’s gold imports hit 3-year low

Bloomberg Gold imports by India in July tumbled to the lowest monthly inflow in more than three years as demand paused following record high prices in the domestic market. Overseas purchases fell 69% to 20.4 tons in July from 65.6 tons a year earlier, according to a person familiar with the data, who asked not to be identified as the ...

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Japan-South Korea trade spat may claim chips, car makers

Bloomberg Samsung Electronics Co., the world’s largest memory chipmaker, is already reeling from Japan’s export curbs on three key materials needed to make semiconductors. An expanded list that includes machine technology could make it even harder for Samsung and South Korean carmakers to make their chips and cars (CNCs). The list of products being exported to Korea that could meet ...

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